Jeff Garzik, an early Bitcoin developer, is optimistic about Ethereum, asserting its long-term viability due to the widespread adoption of its technology, particularly the Ethereum Virtual Machine (EVM). He notes that Ethereum's price has surged past $3,800, reflecting a 60% increase over the past month, indicating a potential 'ETH season'. Garzik believes that Ethereum's innovative contributions to decentralized applications ensure its relevance despite competition from newer blockchains like Solana and Aptos. He emphasizes that institutional investments and recent inflows into Ethereum ETFs signal robust investor interest, reinforcing Ethereum's foundational role in the crypto ecosystem. Garzik sees Ethereum as a key player over the next decades, irrespective of immediate price movements, claiming it will be a default choice for programmability and smart contracts.

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