$Ethereum (ETH) Founder Vitalik Buterin Announces New Roadmap That Will Bring 10X Increase!

Ethereum (ETH) co-founder Vitalik Buterin made exciting statements about the future of the network at the ETHGlobal Prague Conference at an event held in Prague.

The ETH founder drew attention to the current problems of the network and said that this step aims to provide a sustainable solution to the congestion caused by the slowdown.

Buterin added that this will happen over the next year or so, and will represent a 10x increase in Layer1’s scalability.

“Ethereum will expand Layer 1 (L1) by approximately tenfold in one year.”

This expected scalability increase is likely to reduce transaction fees and latency, making Ethereum more attractive to DeFi and NFT investors.#ETH $ETH $WCT