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<p>The post <a href="https://coinpedia.org/news/happy-birthday-ethereum-vitalik-buterin-reveals-major-predictions-on-ethereums-9th-birthday/">Happy Birthday Ethereum! Vitalik Buterin Reveals Major Predictions on Ethereum’s 9th Birthday!!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Vitalik Buterin, co-founder and core developer of the Ethereum (ETH) network, is leading the celebration of Ethereum’s ninth anniversary. In a recent post on X, Buterin expressed his excitement for the future.</p> 
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   <p lang="en" dir="ltr">Happy 9th birthday, Ethereum!<br><br>Looking forward to seeing what the next decade brings. <a href="https://t.co/bXq56mIff7">pic.twitter.com/bXq56mIff7</a></p>— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1818146456550961620?ref_src=twsrc%5Etfw">July 30, 2024</a>
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<p>Buterin will also be speaking at the EDCON 2024 conference in Tokyo today. His keynote, titled “The Next 10 Years of Ethereum,” will focus on Ethereum’s role as a major global asset.</p> 
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> Don't miss <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw">@VitalikButerin</a>'s Keynote on <br>"The Next 10 Years of Ethereum" at 4:20PM TODAY!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f310.png" alt="🌐" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2728.png" alt="✨" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>Join <a href="https://twitter.com/hashtag/EDCON2024?src=hash&amp;ref_src=twsrc%5Etfw">#EDCON2024</a> for MAIN EVENT!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c5.png" alt="📅" class="wp-smiley" style="height: 1em; max-height: 1em;"> TODAY, July 30 | <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/23f0.png" alt="⏰" class="wp-smiley" style="height: 1em; max-height: 1em;"> 10 AM – 9 PM<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4cd.png" alt="📍" class="wp-smiley" style="height: 1em; max-height: 1em;"> Yoyogi 1st Gymnasium<br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f39f.png" alt="🎟" class="wp-smiley" style="height: 1em; max-height: 1em;"> Tickets: <a href="https://t.co/vgaWsUjVRz">https://t.co/vgaWsUjVRz</a><br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4fa.png" alt="📺" class="wp-smiley" style="height: 1em; max-height: 1em;"> Live Stream: <a href="https://t.co/GY7Ms3vbe0">https://t.co/GY7Ms3vbe0</a><a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw">#Ethereum</a> <a href="https://t.co/wrj4lUGeJA">pic.twitter.com/wrj4lUGeJA</a></p>— EDCON (@EDCON2024) <a href="https://twitter.com/EDCON2024/status/1818108378947998206?ref_src=twsrc%5Etfw">July 30, 2024</a>
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<h2 class="wp-block-heading" id="h-from-smart-contracts-to-a-web3-powerhouse">From Smart Contracts to a Web3 Powerhouse</h2> 
<p>Since introducing smart contracts, Ethereum has become a key player in the Web3 space, drawing significant interest from both institutional investors and retail traders around the world.</p> 
<p>Initially, Ethereum used a proof-of-work consensus mechanism like Bitcoin. However, the successful Merge event transitioned Ethereum to a proof-of-stake (PoS) system, improving its efficiency and security.</p> 
<p>Today, more than 35 million Ether are staked to help secure the network, highlighting Ethereum’s commitment to strong security.&nbsp;</p> 
<p><strong>Ongoing Upgrades and Innovations</strong></p> 
<p>Ethereum has seen several important upgrades, including the London hard fork and the recent Dencun upgrade. These improvements have contributed to Ethereum’s status as “ultra-sound money,” thanks to its deflationary characteristics.</p> 
<h2 class="wp-block-heading" id="h-ether-price-action">Ether Price Action</h2> 
<p>A major achievement in Ethereum’s first decade has been the approval of spot Ethereum ETFs in various regions, especially in the United States.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> Price on Ethereum's Birthday <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f382.png" alt="🎂" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>2024: $3,319<br>2023: $1,881<br>2022: $1,739<br>2021: $2,383<br>2020: $318<br>2019: $211<br>2018: $466<br>2017: $197<br>2016: $13</p>— CoinGecko (@coingecko) <a href="https://twitter.com/coingecko/status/1818180716758446568?ref_src=twsrc%5Etfw">July 30, 2024</a>
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<p>Over the past nine years, Ethereum’s price has skyrocketed from about 43 cents to around $3,336, representing a staggering growth of more than 770,000 percent. This increase is largely due to the growing adoption of Web3 technologies and digital assets.</p> 
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   <p lang="en" dir="ltr">The first scenario stands for <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>.<br><br>Price consolidated at $3,100 and bounced back upwards.<br><br>If the outflows are stagnating during this week, then I'm assuming we'll be seeing a break above $3,500 and a rally to $3,800-4,000. <a href="https://t.co/rwFgDHRSOO">pic.twitter.com/rwFgDHRSOO</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1817892831396032580?ref_src=twsrc%5Etfw">July 29, 2024</a>
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<p>Looking ahead, Ethereum’s price is expected to stay within its current range before potentially reaching new highs. However, with August likely to be a volatile month for the crypto market due to the upcoming FOMC statement, analyst Michaël van de Poppe predicts that Ethereum’s price could fall to $2,563 if the support level around $3,136 does not hold.</p> 
<p><strong>Ethereum’s journey is far from over. The next decade promises to be even more groundbreaking!</strong></p>

Happy Birthday Ethereum! Vitalik Buterin Reveals Major Predictions on Ethereum’s 9th Birthday!!

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