Ethereum Strides Ahead with Vision for a New Internet Backbone
2025-07-14 12:19:01
Main Idea
Ethereum's recent surge is driven by its vision to transform traditional finance and Web2 infrastructure, with new developments like MegaETH enhancing its scalability and functionality.
Key Points
1. Ethereum's price increased by 18.5% over the past week, driven by its broader vision rather than competition with Bitcoin.
2. Hunter Horsley, CEO of Bitwise, emphasizes Ethereum's goal is not to replace Bitcoin but to redefine decentralized finance (DeFi) and Web2 systems.
3. MegaETH, a next-gen Layer 2 solution, enhances Ethereum's scalability, handling over 100,000 transactions with security and speed using EigenDA infrastructure.
4. Ethereum's network supports high-frequency digital applications, positioning it as a backbone for a new internet infrastructure.
Description
Ethereum's price surged recently, driven by ambitions beyond rivaling Bitcoin. Ethereum aims to reform traditional finance and internet infrastructures. Continue Reading: Ethereum Strides Ahead with Vision for a New Internet Backbone The post Ethereum Strides Ahead with Vision for a New Internet Backbone appeared first on COINTURK NEWS .
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