Jeff Garzik, an early Bitcoin developer, expressed a positive outlook on Ethereum, emphasizing its long-term prospects due to the widespread adoption of its technology, particularly the Ethereum Virtual Machine (EVM). As Ethereum's price surged past $3,800, reflecting a 60% increase over the past month, Garzik noted that the network remains a primary choice for smart contract programmability. Despite periodic market fluctuations and competition from newer blockchains like Solana, Garzik remains unconcerned about the potential of these so-called Ethereum killers, attributing Ethereum's resilience to its established technology and the significant ecosystem built around it. He highlighted Ethereum's ability to attract institutional investments, with recent data showing record inflows into Ethereum ETFs. Garzik's views indicate a strong belief in Ethereum's future viability, regardless of its current price movements, as he sees the foundational role it plays in the broader cryptocurrency ecosystem.

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