HomeNewsEthereum’s Buterin Shares Two Key Goals as ETH Eyes $2,000 Breakout

Ethereum’s Buterin Shares Two Key Goals as ETH Eyes $2,000 Breakout

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  • Ethereum’s price is rising after months of slow movement, with key technical signals turning positive  
  • Vitalik Buterin outlines Ethereum’s two main goals: boosting real-world usage and strengthening decentralisation.

After a sluggish 2025, Ethereum (ETH) is finally gaining momentum. Prices are climbing, and traders are watching to see if ETH can break past $2,000. Meanwhile, Ethereum’s co-founder, Vitalik Buterin, has shared the Ethereum Foundation’s updated vision, focusing on practical uses (like payments and DeFi) and making the network more secure and decentralized.  

Ethereum’s Renewed Strength

Ethereum is trading around  $1,830, up 1.20% in the last 24 hours, showing steady growth after weeks of sideways movement. Indicators like the 20-day and 50-day moving averages suggest bullish momentum, and the Accumulation Distribution Line (ADL) hints that big investors may be buying again.  

On shorter timeframes, ETH has risen from $1,720, holding above critical support levels. A small pullback is normal after a rally, but if buyers defend $1,780–$1,800, the next target is $1,900–$2,000. A strong volume surge could push ETH past $2,000, turning it into a new support zone.  

Vitalik Buterin’s Vision for Ethereum  

The Ethereum Foundation and Vitalik have two main goals: get more people to use Ethereum and make sure the network stays strong and decentralised. Making Ethereum accessible means empowering people to harness its unique capabilities.

By leveraging Ethereum’s built-in financial tools, such as on-chain assets and decentralised savings and payment services, users gain alternatives where traditional banking may fall short. Beyond finance, Ethereum’s smart-contract infrastructure can support decentralised social networks, self-governing organisations (DAOs), and distributed AI applications, creating a more open and versatile digital ecosystem.

Equally important is ensuring Ethereum’s long-term resilience. This involves creating an ecosystem that operates autonomously, upholds shared community values, and benefits from diverse teams contributing to its development.

A truly decentralised network eliminates single points of control or failure, making robustness and adaptability fundamental. While the Ethereum Foundation remains committed to its core principles, it also recognises the need to evolve in step with the community it serves. 

How High Can ETH Go?  

Ethereum’s price is currently facing resistance around $1,800–$1,820 on shorter timeframes, but on the daily chart, it has closed above this area. This suggests it could quickly test $1,850 and even $1,900 if Bitcoin stays steady.

If the upward movement continues and buyers keep the price above the $1,780–$1,800 support area, the next goal would be $2,000, which is close. Watch for a big increase in trading volume if the price goes above $1,900, as this could be the final push needed to make $2,000 a new support level.

Looking ahead, if the current trend continues, Ethereum could reach $1,900–$2,000 in the next 7 to 10 days. If it stays above $2,000, it could rise to $2,200–$2,400 by the end of May. If it breaks above $2,400, it could go higher, targeting $2,800–$3,000 in the second part of 2025.

However, if the $1,800 support level is broken and the price falls below $1,750, the upward trend will weaken, and the price might stay between $1,700 and $1,850 for a longer time.

Since Ethereum is just above $1,830 and rising strongly, traders who like to take risks might consider buying now based on the price breaking out. More cautious investors might want to wait for the price to close above $1,850 on the daily chart to be more sure that the trend has reversed.

Considering that Ethereum was over $4,000 in the past, the current price offers a good opportunity for those who believe in it for the long term.

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Dennis Grace
Dennis Grace
Peter Macharia is a crypto enthusiast and seasoned writer who specializes in blockchain technology, digital assets, and decentralized finance. He has a talent for simplifying complex concepts and turning them into engaging informative content. With a deep understanding of the industry, Peter delivers clear and precise analysis that resonates with both beginners and experienced crypto enthusiasts.
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