Matrixport: Vitalik is guiding Ethereum towards a simple Bitcoin-like architecture, which has become one of the key factors for ETH to rise by more than 60%.

Odaily News Matrixport released today's chart, saying that as the Pectra upgrade continues to advance, Vitalik is guiding Ethereum to evolve towards a simple Bitcoin-like architecture. His proposed concept of protocol simplification, combined with a number of far-reaching improvement proposals, has become one of the key factors in ETH's more than 60% increase. However, behind ETH's strong performance, there are more variables worth paying attention to.
On May 3, 2025, Vitalik proposed a simplified vision for Ethereum Layer 1 with "clarity" and "security" at its core. EIP-4850 introduced a revenue sharing mechanism with Layer 2 solutions, enabling Ethereum to continuously capture value from L2 activities; EIP-7691 reduces L2 fees and improves operational efficiency by expanding the data block (blob) capacity, pushing more on-chain transactions back to the mainnet.
Ethereum liquidations have recently surged to $221 million, a rare phenomenon - such large liquidations usually occur during market downturns rather than price increases.