Ethereum Strengthens Position as Core Settlement Layer for Decentralized Economy

Ethereum remains the settlement layer for the decentralized economy as ZKsync and Vitalik Buterin outline future upgrades.

Fridah Kangai
April 28, 2025
6:05 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

Ethereum strengthens its dominance as the base layer for decentralized applications, according to ZKsync’s Alex Gluchowski.
Vitalik Buterin proposes a major upgrade to Ethereum’s execution layer by suggesting a shift from EVM to RISC-V architecture.
ZKsync prepares to align its future roadmap with Ethereum’s evolving architecture, signaling major upcoming announcements.

Alex Gluchowski, the founder of ZKsync and Matter Labs CEO, states that Ethereum will establish itself as the main foundation layer for decentralized financial systems. Gluchowski declared during his latest comments that Ethereum maintains a secure product-market fit position.

Ethereum functions as the fundamental base for the Internet of Value despite predicted decentralized platforms resembling Nasdaq and SWIFT. Gluchowski states that Ethereum’s credible neutrality will guarantee value transfers into ETH directly and indirectly.

According to Gluchowski’s recent insights, future decentralized infrastructure will use multiple blockchains to operate. Ethereum operates as a settlement platform that provides neutrality for various blockchains, which connect through linking networks.

According to Gluchowski, Layer-2 developers need to adjust their efforts to match future Ethereum design principles rather than working with outdated versions. New modifications to Ethereum’s framework will necessitate agreement from its built-upon projects.

Vitalik Buterin Proposes Major Upgrade with RISC-V for Ethereum Execution Layer

Ethereum co-founder Vitalik Buterin introduced substantial modifications to the fundamental activities running on the Ethereum network. Ethereum developer forum received a proposal from Vitalik Buterin, who proposed introducing RISC-V architecture instead of the existing Ethereum Virtual Machine (EVM).

Ethereum’s smart contracts and Layer-2 solutions depend on the essential EVM as their main support infrastructure for network expansion. In Buterin’s assessment, RISC-V’s open nature and adaptability provide Ethereum’s execution layer with better performance capabilities and larger scalability potential.

Implementing RISC-V offers an advantage because it would facilitate future network updates and strengthen technical system security. This change represents active development activities that aim to prepare Ethereum for its upcoming growth period.

According to Gluchowski, ZKsync’s development operates in compliance with Ethereum’s forthcoming architectural designs. The team will announce ZKsync’s readiness during the coming two weeks.

ZKsync is dedicated to the evolution of the Ethereum network as the base platform for the decentralization of financial operations.

Ethereum’s vital role in the emerging decentralized economy has strengthened because leading industry executives have supported it. Major technical proposals and project alignment have enabled the network to define its position as a global settlement standard while continuing to evolve as a future international standard.

Also Read: SHIB Burn Frenzy: 27 Million Tokens Destroyed in 24 Hours