<ul><li>Vitalik Buterin revealed plans to scale the Ethereum blockchain by 10 times in the next year at the ETHGlobal event in Prague.</li><li>Buterin emphasized the importance of gradual scaling to ensure security, privacy, and decentralization, with the timeline for completion set at a year and a half.</li><li>The Ethereum network's stagnation and Ether price fluctuations have led to calls for immediate layer 1 scaling, but Buterin believes in taking time for network improvements.</li><li>Despite the scaling plans, Ether price has shown a slight drop, trading at $2,495 with a 0.82% decrease, while the market cap is down by more than 1% and the trading volume is up by 15%.</li></ul>

Vitalik Buterin Reveals Plans to Scale Ethereum 10X in a Year

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