Vitalik Buterin, the founder of Ethereum, is often forgotten, starting his crypto journey with the great orange coin, which covered Bitcoin Magazine’s space, before eventually creating his own blockchain in the spirit of the oldest and biggest digital asset. &nbsp,

The Ethereum co-founder today freely admits that he hardly ever has any Bitcoin and that the majority of his assets are ETH. &nbsp,

In a post on X, originally Online, on Friday, Buterin said that less than 10 % of his goods are in Bitcoin. &nbsp,

” I’m under 10 % in BTC”, wrote Buterin, responding to an X user who said people in crypto should have at least 10 % of their portfolio in the asset. ” But then again I’m under 10 % in something that’s not ETH”, he added.

The overall crypto society has poked fun and expressed concern because Bitcoin’s significant gains are still being made by the price of the second-largest gold. &nbsp,

But as of Friday afternoon, the price of ETH is currently up by more than 4 % over the past 24 hours, according to CoinGecko, and is trading for$ 3, 403. &nbsp,

The second-largest modern penny has struggled to get higher—despite the authorization of some spot ETH exchange-traded funds next year. &nbsp,

Blockchain right now is 30 % below its 2021 all-time great of$ 4, 878. &nbsp,

Some in the habitat are also concerned about the increase in Layer-2 systems on Ethereum. These resources are employed to lower the cost of business transactions on the Ethereum mainnet.

According to some researchers, L2 usage could result in future market capitalization of ETH trillions of dollars. &nbsp,

But it’s not all doom and gloom: Buterin is pondering answers. &nbsp,

The Ethereum co-founder earlier this month addressed these issues, saying that designers should concentrate on finding ways to raise money and raise the price of ETH, perhaps by burning a part of their gas expenses or by staking them and therefore donating the money to the Ether area. &nbsp,

Additionally, Bitwise’s Bitcoin and Ethereum ETF was quickened by the Securities and Exchange Commission on Friday, allowing it to trade and get listed on the NYSE Arca. Another indication that organisational demand for ETH is growing.

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