Ethereum Price Soars By Almost 10% After Buterin’s 2024 Vision

• ETH’s price has increased by almost 10% in the last 24 hours.
• There has been an increase in demand since Buterin published the 2024 roadmap for the network. 
• Open interest has also rallied in the coin’s derivatives market.

Ethereum (ETH) has witnessed a remarkable surge in demand, pushing its price up nearly 10% within the past 24 hours, according to data from CoinMarketCap. This price rally comes on the heels of a series of posts by Ethereum co-founder Vitalik Buterin on X (formerly Twitter), outlining the blockchain’s updated roadmap for 2024.

Coin Edition earlier reported that the roadmap highlighted six core priorities: the merge, the surge, the scourge, the verge, the purge, and the splurge.

Also, with January 17 scheduled as the tentative date for the testnet launch of Dencun Upgrade, market participants have begun accumulating the altcoin in anticipation of a rally. 

Ethereum, since Buterin’s annoucement

An assessment of ETH’s network activity revealed an uptick in demand since Buterin’s post. For example, the average count of addresses that have traded the altcoin since then has increased from 444,000 to 448,000, data from Santiment…

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