According to Crypto Rover, Vitalik Buterin is planning to replace the Ethereum Virtual Machine (EVM) with RISC-V architecture to significantly boost Ethereum's scalability. This strategic move is expected to enhance transaction speeds and reduce costs, making Ethereum more competitive in the blockchain market. The integration of RISC-V may also facilitate more efficient smart contract execution, potentially attracting more developers to the Ethereum ecosystem. Traders should monitor these developments closely as they could impact Ethereum's market position and price dynamics.

According to @jessepollak, the proposal to enhance Ethereum's scalability through Layer 2 solutions has sparked diverse reactions among crypto traders. Industry experts like Vitalik Buterin have expressed cautious optimism, citing potential for improved transaction speeds and reduced fees, which are critical for traders (source: Twitter). However, some traders remain skeptical about implementation challenges and market impact.