Ethereum Needs ‘Good Social Philosophy,’ Says Vitalik Buterin – Can ETH Break Past $1700?
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Ethereum co-founder Vitalik Buterin has sparked major interest across the crypto news space by claiming that Ethereum’s future lies in its application layer, not just its base infrastructure. He emphasized that app developers need to build with “good social philosophy” in mind to shape the blockchain’s real-world impact. In his words, the apps built on Ethereum reflect the beliefs and values of their creators. Platforms like Railgun and Polymarket were praised, while Pump.fun and FTX were called out. As the Ethereum price remains volatile, Buterin’s statements could influence how the ecosystem evolves from here.
Vitalik Buterin Says Ethereum’s Future Depends on App Developers’ Values
In the latest crypto news, Vitalik Buterin has shifted focus to what he calls the real battleground for Ethereum’s future, the app layer. Speaking on Warpcast, he stressed that developers must prioritize ethical values when building dApps. “Apps are ~80% special purpose,” he said. “What you build reflects what you believe Ethereum should be doing for the world.”
Buterin contrasted Ethereum with general-purpose programming tools like C++, which wouldn’t necessarily be ruined by the personal views of its creators. Ethereum, he said, is more exposed to ideological choices, especially at the application level. He pointed out that without a belief in decentralization, features like light clients or account abstraction wouldn’t even exist.
He then named examples: privacy-first platforms like Railgun and Polymarket show a “good” philosophy. On the flip side, meme coin factories like Pump.fun and collapsed projects like FTX and Terra reflect the dangers of building without purpose or principle. For Buterin, Ethereum’s future isn’t just technical, it’s ethical. Developers aren’t just writing code. They’re writing the narrative of what Ethereum stands for.
Ethereum Price Analysis of April 14
Following Vitalik’s comments, the trading day of April 13th began with bearish momentum, influenced by the ongoing overseas situation, which led to the price seeking support. Sellers dominated early in the session, pushing Ethereum into a downtrend. The RSI indicator signaled consistent oversold conditions starting at 2:25 UTC, confirming growing selling pressure. By 13:50 UTC, it faced further downward fluctuation as buyers struggled to gain control. A notable shift occurred at 14:30 UTC when a golden cross appeared, signaling potential bullish momentum. This was confirmed by rising price action and increased buyer activity.
Chart 1, analyzed by ShwetaCW, published on TradingView, April 14, 2025
At 17:15 UTC, an overbought RSI condition briefly boosted ETH price, but momentum reversed when a MACD death cross formed at 18:20 UTC, hinting at renewed seller dominance. As illustrated in Chart 1, ETH found key support at $1562.01, with the RSI showing another oversold dip at 19:40 UTC. Entering April 14th, MACD formed another golden cross, allowing bulls to regain momentum. However, resistance emerged at $1660.52 following oversold RSI signals at 00:25 and 02:30 UTC. According to Ethereum price prediction, if this bullish momentum holds, ETH could break above $1660.52 and target $1700. If selling pressure returns, support at $1562.01 may break, with downside risk to $1500.
Ethereum Price Prediction
Vitalik Buterin’s latest remarks remind us that the future of Ethereum isn’t just technical; it’s philosophical. With ethical app development in focus, the broader crypto news space may start reevaluating its priorities. As of now, the Ethereum price is holding near $1650. If bullish sentiment continues, it could target $1700. However, a drop below $1560 might lead to a slide toward $1500.
The post Ethereum Needs ‘Good Social Philosophy,’ Says Vitalik Buterin – Can ETH Break Past $1700? appeared first on Coinfomania.
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