The Ethereum Foundation is taking significant steps to improve network scalability and privacy by integrating zkEVM technology into Layer 1 protocol by 2025.
The Ambitious Ethereum Foundation Initiative
The Ethereum Foundation is embarking on an important project aimed at integrating zkEVM directly into its main protocol, targeting completion by 2025. Key figures like Hsiao-Wei Wang and Tomasz Stańczak are leading this initiative, focusing on improving scalability and privacy at the core network level.
Expected Impact on Institutional Adoption
Market observers speculate that this integration will promote a more active adoption of Ethereum by institutional investors. Network upgrades could help Ethereum maintain or even expand its current dominance in developer and market ecosystems.
Evolution of Ethereum and Its Competitiveness
The initiative by the Ethereum Foundation is a response to historical examples like the Merge, where enhancements led to increased ETH value and activity. This new approach promises deep-rooted improvements that may significantly alter the competitive dynamics of blockchain.
The Ethereum Foundation's plans for zkEVM integration demonstrate a commitment to technological advancement and market positioning, with the potential to attract institutional investors in the coming years.
