Matrixport: Vitalik is guiding Ethereum towards a simple Bitcoin-like architecture, which has become one of the key factors for ETH to rise by more than 60%.

Odaily Planet Daily News Matrixport released today's chart saying that as the Pectra upgrade continues to advance, Vitalik is guiding Ethereum to evolve towards a simple Bitcoin-style architecture. His proposed concept of protocol simplification, combined with a number of far-reaching improvement proposals, has become one of the key factors for ETH to achieve a gain of more than 60%. However, behind ETH's strong performance, there are more variables worth paying attention to. On May 3, 2025, Vitalik proposed a simplified vision for Ethereum Layer 1 with "clarity" and "security" as the core. EIP-4850 introduces a revenue sharing mechanism with Layer2 solutions, enabling Ethereum to continue to capture value from L2 activities; EIP-7691 reduces L2 fees and improves operating efficiency by expanding the data block (blob) capacity, pushing more on-chain transactions back to the mainnet. The scale of Ethereum liquidation has recently surged to US$221 million, which is a rare phenomenon-such large liquidations generally occur in the downturn of the market, not during price increases.