Ethereum is back in the spotlight in 2025, triggered by actions of its founder, Vitalik Buterin. Recently, Vitalik transferred over $1.8 million ETH to Railgun, a blockchain-based privacy protocol. This move sparked speculation—was this a technology experiment, a donation, or a signal of Ethereum's future direction?

Not only Vitalik, other founders like Jeffrey Wilcke also moved hundreds of millions of dollars in ETH to exchanges, raising market concerns. However, behind the price pressure that briefly dropped to around $2,500, Ethereum actually demonstrated ecosystem maturity.

Vitalik even voiced a new vision: making ETH a replacement for cash in a cashless era. The focus on privacy, efficiency, and digital inclusion further strengthens its position.

With the documentary "Vitalik: An Ethereum Story" released this year, Ethereum is not only shaping the technology of the future—it is also writing its own history.

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