Vitalik Buterin, a co-founder of Ethereum, the second-largest cryptocurrency by market cap, has made Time magazine’s list of the 100 most influential people of 2021. Time recognized him as an innovator and valued his ability to help other creators.
Vitalik Buterin in Time’s Top 100 Influencers
The most famous Ethereum co-founder, Vitalik Buterin, has been included in Time’s top 100 influential people of 2021 list. This magazine lists the most influential people according to current events. It also identifies the roles of each individual on the list. Others included for 2021 are Nayib Bukele, president of El Salvador, who pushed the inclusion of Bitcoin as legal tender, and Elon Musk, the CEO of Tesla and SpaceX, who is also a cryptocurrency enthusiast.
Alexios Ohanian was one of the original developers of Reddit and discussed Buterin’s inclusion. He said:
What makes Vitalik so unique is that he’s a builder. Although it was impossible for one person to come up with all the uses of Ethereum, it took one person’s thought to get it started. There has been a whole new world that opened up and allowed for new ways to leverage blockchain technology. Some of these I have invested in.
Ethereum Is a Platform for Platforms
This year, Ethereum has been the hotbed for the rise of NFTs, a technology that is changing how artists and creators monetize their work. Opensea, one of the main NFT markets, has already surpassed the one-billion-dollar mark in sales. Axie Infinity, another important Ethereum-based project, has seen its popularity rise this year. Axie was created in 2017, but it is now in the spotlight due to the impressive income some are achieving by playing it. Axie has a significant impact on emerging economies such as the Philippines and Venezuela.
Ohanian wrote the review for Buterin. He also mentions some important projects within the Ethereum ecosystem. He said:
Whether it’s startups such as Sorare that reinvent fantasy sports, or Rainbow users showing off NFT collections to the world, none of these would have been possible without Vitalik. Vitalik Buterin is the reason I am so excited about the Internet’s potential.
Ethereum is now hovering over the $3,500 mark, up 4.3% in the last 24 hours.
What do you think about Vitalik Buterin being included in Time’s list? Let us know your thoughts in the comments section below.
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Crypto Price Analysis April-18: ETH, XRP, ADA, SOL, and HYPE
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail.
Ethereum (ETH)
It was a quiet week for Ethereum that only managed a small 1% price increase. This is because, lately, it has been moving sideways around $1,600. This lack of momentum shows indecision with market participants unsure if the ETH downtrend will resume or not.
The current price action is similar to early March, when Ethereum hovered around $1,900 for about a week before sellers returned. If nothing changes, ETH may fall to its key support at $1,400.
Looking ahead, this cryptocurrency continues to show weakness. The lack of momentum is concerning, and buyers have to break the resistance at $1,800 to bring back optimism.
Chart by TradingView
Ripple (XRP)
This week, XRP managed to defend its key support at $2 and booked a 2% price increase. This is a positive sign that shows buyers are serious about keeping this cryptocurrency above $2.
While the bullish momentum is not there yet, the current price level can serve as a great pivot point for higher levels in the future, with $2.3 and $2.6 as key targets before the major resistance at $3.
Looking ahead, XRP has a good chance to return on a sustained uptrend in the medium term and aim for $3. To achieve that, buy volume has to increase considerably in the future.
Chart by TradingView
Cardano (ADA)
While XRP has found good support, the same cannot be said about ADA. It failed to reclaim its previous support at $0.64, which is now acting as a resistance, with sellers having an advantage on the chart.
If buyers remain absent, then the next key support levels will be found at $0.5 and $0.45. While the daily MACD turned bullish, the buy volume is simply not there to challenge the resistance at $0.64.
Looking ahead, Cardano is found in a flat trend with buyers unable to make their presence felt. For this reason, it is unlikely to see any major moves from this cryptocurrency at this time.
Chart by TradingView
Solana (SOL)
Solana increased by 13% this week, making it the best performer on our list. This comes after the price broke above $118, which used to act as resistance.
This uptrend may continue uninterrupted until $150 where sellers returned in the past, most recently in late March. While the path is clear for higher levels, buyers will need to turn $150 into a key support if they want to sustain this rally.
Looking ahead, SOL is experiencing a relief rally after its most recent drop. While sellers are absent right now, they can return once the price approaches the key resistance at $150. Best to be cautious there.
Chart by TradingView
HYPE is the second-best performer on our list this week with a 10% price increase. This comes after it entered a sustained rally since touching $9. Considering it reached $17 recently, that means it jumped by over 80% within a relatively short period of time.
While its rally in early April was quite strong, sellers have started to make their presence felt more in the past week with each new high being met by increased sell pressure. This can also be seen on the daily sell volume which is making higher highs.
Looking ahead, HYPE had a fantastic run, but this is starting to show some weakness with buyers becoming exhausted. This is why a pullback becomes more likely at these levels since sellers are returning.
Chart by TradingView
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Ethereum Sees 77K ETH Moved to Derivatives – Market Prepping for Another Drop?
Although Ethereum has shown a slight rebound recently, its overall 2025 performance remains underwhelming. So far this year, the altcoin has shed over 50% of its value.
Current on-chain data indicates that ETH could be heading for yet another downward price move.
ETH Price at Risk
According to CryptoQuant’s latest macro and on-chain analysis, derivative exchange inflows surged by over 77,000 ETH on April 16th – the largest single-day net inflow observed in recent months. The sharp uptick follows two previous inflow events on March 26 and April 3, both of which coincided with painful declines in Ethereum’s price.
The pattern, validated by historical data, points toward increased hedging or short-selling activity as large players move ETH onto derivative platforms.
Interestingly, the inflow spike aligns with growing global macroeconomic tensions, notably escalating trade friction between the US and China. Beijing’s latest retaliatory tariffs on US agricultural and tech goods have unsettled risk markets across the world.
In past episodes, similar geopolitical stressors have prompted a shift away from riskier assets like cryptocurrencies and into safe-haven investments such as US Treasuries and the dollar, compounding bearish sentiment across digital assets.
Ethereum, already trading near multi-month lows around $1,500, could face additional pressure if the inflow-driven trend continues. CryptoQuant’s data highlighted the significance of these derivative exchange moves, and focused on three key inflection points – March 26, April 3, and now April 16 – each followed by visible price weakness.
Analysts suggest that the size and timing of the latest inflow likely indicate institutional entities positioning for further downside. As both macro headwinds and on-chain signals flash red, Ethereum’s near-term trajectory appears increasingly precarious.
Amidst this macroeconomic uncertainty and increased ETH inflows to derivative exchanges, Ethereum whales have offloaded approximately 143,000 ETH over the past week. The sell-off trend may indicate a broader bearish sentiment, which could trigger further selling pressure in the coming days.
Low ETH Fees Signal Opportunity?
Despite ongoing macro and on-chain pressures, Santiment pointed to one contrarian signal worth noting – Ethereum transaction fees have fallen to a five-year low, averaging just $0.168. This drop reflected lower network activity, as fewer users are transacting or interacting with smart contracts like DeFi and NFTs. Since fees are based on network demand, low usage leads to cheaper transactions.
Santiment noted that from a trading perspective, historically low fees like these often precede price rebounds, which makes current levels generally considered lower risk for buyers. While not a guaranteed signal, fee levels under $1 typically suggest decreased crowd interest – an environment where past trends have sometimes marked price turning points.
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