Matrixport: Vitalik is guiding Ethereum towards a Bitcoin-like simple architecture, becoming one of the key factors for ETH's rise of over 60%.

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Odaily News Matrixport released a chart today stating that as the Pectra upgrade continues to progress, Vitalik is guiding Ethereum towards a Bitcoin-like streamlined architecture. His proposed protocol simplification concept, combined with several impactful improvement proposals, has become one of the key factors for ETH achieving over 60% rise. However, behind ETH's strong performance, there are more variables worth following. On May 3, 2025, Vitalik proposed a simplified vision for Ethereum Layer 1 centered on "clarity" and "security." EIP-4850 introduced a revenue-sharing mechanism with Layer 2 solutions, allowing Ethereum to continuously capture value from L2 activities; EIP-7691 aimed to reduce L2 transaction fees and enhance operational efficiency by expanding the capacity of data blocks (blobs), encouraging more on-chain transactions to return to the mainnet. The Ethereum liquidation scale has recently surged to 221 million USD, which is a rare phenomenon - such large-scale liquidations generally occur during market downturns, rather than during price rises.

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