Jeff Garzik, an early Bitcoin developer, remains bullish on Ethereum, emphasizing its long-term potential due to the widespread use of the Ethereum Virtual Machine (EVM). Ethereum's price recently surged past $3,800, marking a significant rebound of about 60% over the past month, prompting questions about the sustainability of its rally. Garzik downplayed concerns about Ethereum-killers like Solana, stating that Ethereum’s foundational technology remains unparalleled in the crypto ecosystem. Despite previous downturns and leadership changes at the Ethereum Foundation, incoming institutional investments and a growing number of treasury companies acquiring ETH support the platform's recovery. Garzik focuses on Ethereum's technological contributions, underscoring that its programmability remains the default choice for new developments in crypto. He envisions Bitcoin and Ethereum as the cornerstone projects in the blockchain space for the decades to come.

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