In the past week, the privacy technology roadmap of ETH has been thoroughly brought to the forefront. Discussions at Devconnect Buenos Aires have made it very clear: Ethereum is moving from a 'foundational layer of the speculative market' to a 'public infrastructure for global finance and privacy.'

What excites me the most is that the community is starting to embrace the framework of Holistic Privacy: not just Zero-Knowledge or on-chain privacy, but a complete protection of users across the network layer, RPC, data reading, storage, and front-end interactions. There are not many chains that truly achieve this, and ETH is the only platform that leads in global development ecology, institutional participation, compliance, and technical depth.

If this route can be implemented, Ethereum will be bigger than currently imagined.
• Ordinary people have 'on-chain privacy space'
• Institutions can custody assets on-chain
• DeFi can catch real financial activities
• National-level assets and cross-border funds may directly choose ETH

This is not just 'privacy enhancement', but the beginning of ETH upgrading from Web3 to a global digital sovereignty layer.

In the next five years, I believe the narrative of ETH will shift from 'asset' to 'infrastructure'. If privacy + compliance + usability converge successfully, it may become the core value aggregator in the next cycle.

ETH is no longer just a price; it is becoming the underlying language of the future financial system.

#Ethereum #ETH #DeFi #Web3 #CryptoFuture