Vitalik Buterin, Ethereum’s co-founder, has unveiled ambitious plans for a tenfold increase in Ethereum’s performance by 2026, signaling a potential massive price surge for ETH and ERC-20 tokens. Speaking at the ETHGlobal Prague conference, Buterin addressed critical scaling challenges that have recently impacted Ethereum’s market performance.
This development comes as Ethereum’s exchange supply has hit a 7-year low, potentially setting the stage for a significant price breakout.
Key Highlights from Buterin’s Announcement
- Layer-1 scaling projected to increase 10x within next year
- Network congestion and high fees to be addressed
- New Protocol R&D initiative launched
- Major leadership restructuring underway
Market Impact and Price Projections
According to analyst Matthew Sigel, while the Layer-2 upgrade presents significant opportunities, it could potentially impact Ethereum’s market cap. Current projections for ETH price by 2030 range from $7.3K to $22K, depending on how successfully the network balances its fundamentals.
Promising ERC-20 Tokens to Watch
The anticipated Ethereum upgrade has highlighted several promising ERC-20 tokens:
- Solaxy ($SOLX) – Layer-2 solution with projected 1,734% ROI
- BTC Bull Token ($BTCBULL) – Bitcoin-linked token with airdrop potential
- Cedar ($CDR) – Community-driven Solana ecosystem token
FAQ Section
When will Ethereum’s scaling upgrade be implemented?
According to Buterin, the major scaling improvements are expected to be completed by 2026.
What impact will this have on gas fees?
The Layer-1 scaling solution aims to significantly reduce transaction costs and improve network efficiency.
How will this affect existing ERC-20 tokens?
ERC-20 tokens are expected to benefit from improved network performance and potentially see increased adoption and value.