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Cryptocurrency News Articles

Ethereum Co-founder Vitalik Buterin Has Sparked Major Interest by Claiming That Ethereum's Future Lies in Its Application Layer

Apr 14, 2025 at 03:35 pm

In the latest crypto news, Vitalik Buterin has shifted focus to what he calls the real battleground for Ethereum's future, the app layer.

Ethereum Co-founder Vitalik Buterin Has Sparked Major Interest by Claiming That Ethereum's Future Lies in Its Application Layer

In a surprising turn of events, Vitalik Buterin, the co-founder of Ethereum, has sparked major interest across the crypto news today with his latest statement. Speaking on the Warpcast, Buterin claimed that the future of Ethereum lies in its application layer, not just its base infrastructure.

“Apps are ~80% special purpose. Good luck getting people to agree on what a good purpose is. But what you build is what you believe. So the apps are making the statement. Like, what does Railgun or Polymarket show? They have a good philosophy. And what does Pump.fun show? Or FTX or Terra. They are reflecting the belief.”

Buterin went on to compare the role of programming languages like C++ with smart contracts. According to him, C++ is more vulnerable to the personal views of the programmers.

“If someone programs in C++ for 40 years, their code will become unreadable by the time they die. But the good thing is that C++ is a general-purpose programming language. Even if the programmers have strong personal views, they won’t necessarily affect the programs they build.”

Buterin added that in contrast, smart contracts are more easily affected by the values of the programmers. For example, without a belief in decentralization, there wouldn’t be light clients or account abstraction.

“But smart contracts are special-purpose programs. So, if a programmer has a strong value in privacy, they will build a private coin like Railgun or Atomic Wallet. And if a programmer enjoys building new coins, they will build something like Pump.fun. But if a programmer believes in the future of Web3 derivatives, they will build Polymarket or derivatives protocols.”

Ultimately, Buterin highlighted that the applications built on Ethereum reflect the beliefs and values of their creators. They are weaving a narrative of what Ethereum stands for in the world.

As the crypto price analysis shows, the trading day of April 13th started with bearish momentum, pushing ETH towards support.

Chart 1, analyzed by ShwetaCW, published on TradingView, April 14, 2025

After 2:25 UTC, the RSI signalled consistent oversold conditions, confirming sellers’ control. By 13:50 UTC, it faced further downward fluctuation as buyers struggled to gain a foothold. A significant shift appeared at 14:30 UTC with the golden cross on MACD, indicating potential bullish momentum. This was confirmed by rising price action and increased buyer activity.

At 17:15 UTC, a brief overbought RSI condition boosted ETH price, but momentum reversed with the MACD death cross at 18:20 UTC, hinting at renewed seller dominance. As Chart 1 illustrates, ETH found key support at $1562.01, with the RSI showing another oversold dip at 19:40 UTC. Commencing April 14th, MACD displayed another golden cross, enabling bulls to regain momentum. However, resistance emerged at $1660.52 following overbought RSI signals at 00:25 and 02:30 UTC.

According to the Ethereum price prediction, if this bullish trend persists, ETH could surge past $1660.52, aiming for $1700. Conversely, should selling pressure return, support at $1562.01 might break, posing further risk of a decline to $1500.

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Other articles published on Apr 16, 2025