(ETH) could experience a huge change in the way the network operates. Co-founder Vitalik Buterin has launched a new roadmap that will affect every area of the Ethereum network from now through 2029.
According to Buterin, almost every major piece of the Ethereum protocol will be replaced in the Lean roadmap. Buterin’s announcement comes amidst a price pump for ETH, where it has outperformed BTC.
Buterin Outlines Lean Ethereum Vision
Ethereum co-founder Vitalik Buterin recently shared a new roadmap for the network. He calls it the “Lean Ethereum” vision. The roadmap outlines the network’s master plan until 2029. Lean Ethereum is more than a simple network upgrade.
The level of this overhaul is similar to that of the historic Merge in 2022, Vitalik noted. It’s a bold and simple objective. He is looking to make the network faster, lighter and far more secure over the next 3-4 years. This announcement comes at an interesting time for the ecosystem.
Just recently the Ethereum Foundation has made a 20% reduction in its staffing levels to streamline the organization and reduce budgets by 40%. A roadmap that a streamlined team is prepared to focus on what matters.
Quantum Resistance at the Heart of Ethereum’s Future
Quantum computing might seem like a distant sci-fi threat, but Vitalik is not taking any chances. In the new roadmap, quantum safety has jumped way up in priority. The urgent task now is creating a quantum-resistant fix for Ethereum’s blobs.
These are the data spaces that keep transaction costs low. If a powerful quantum computer emerges, it could crack old cryptographic keys. Ethereum already started replacing classical signatures earlier this year.
But this new plan incorporates quantum protection into a new core protocol. With the proactive approach, Ethereum may be able to secure millions of crypto wallets and decentralized finance protocols before the threat becomes real.
Analysts Say Ethereum’s Worst Period Is Over
Ethereum holders have had to stay through a rollercoaster ride in the last few months. Massive ETH price slumps and internal shakeups have rocked Ethereum. Despite the negative outlook, prominent crypto analysts believe the worst is officially over.
Michaël van de Poppe pointed to the ETH/BTC chart as evidence that the worst period is over. The ETH/BTC pair’s long downtrend could be reversing already. This suggests that Ethereum’s underperformance relative to Bitcoin is ending, and ETH could begin to outperform BTC.
Also, the recent changes at Ethereum are positive signs. It proves the leadership cares about the long-term sustainability of the network.
ETH Outperforms BTC With Rally Above $1,750
Ethereum surged 11% last week with bulls breaking through the strong resistance at the $1,750 level. The chart shows Ethereum is performing better than .
CoinMarketCap shows Ethereum price trading around $1,770. Breaking $1,750 gives the community a massive psychological boost. Ethereum is reminding everyone why it dominates the smart contract space.
Technical Indicators Show Improvement
Ethereum indicators on Investing.com are showing an overall improvement. Moving averages and technical indicators on the hourly and also daily charts are finally flashing bright green after weeks of dull price action.
All time frame indicators are pointing to a significant, consistent buying signal.RSI (14), ADX (14), CCI(14) and ATR (14) all have strong, consistent buy signals on multiple time frames. On-chain volume is also rising fast, confirming that this rally has real institutional backing. The technical setup looks healthier than it has in months.