Ethereum Has Succeeded Beyond Anyone’s Expectations

Vitalik Buterin: Ethereum Has Succeeded Beyond Anyone’s Expectations

Ethereum co-founder Vitalik Buterin said the blockchain “has succeeded beyond anyone’s expectations” during his keynote at EthCC 2025 in Cannes. The event gathered developers, company leaders, and institutions in the Palais des Festivals—the same venue used for the Cannes Film Festival.

The conference showed how far Ethereum institutional adoption has progressed. Firms like Robinhood, BlackRock, Deutsche Bank, Coinbase, and Kraken are now using Ethereum for trading, tokenization, and onchain finance tools.

Buterin told that institutions prefer Ethereum not for speed, but because “it’s stable and dependable, because it doesn’t go down.” He added that long-term features like privacy and censorship resistance are important to these firms.

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