Ethereum Price Prediction: ETH Soars 3% As Bhutan Migrates National ID System To Ethereum
The Ethereum price has surged 3% in the last 24 hours to trade at $4,137 as of 3.30 a.m. on an 11% increase in trading volume to $61.4 billion. This move comes as the Bhutan government, in collaboration with the Ethereum Foundation, said it would become the first nation to anchor its national digital identity system on the Ethereum blockchain. The new system is expected to go fully live by early 2026 and covers Bhutan’s entire population of nearly 800,000. The launch ceremony included high-profile attendees including Bhutan’s Prime Minister, the Crown Prince, and Ethereum co-founder Vitalik Buterin. Aya Miyaguchi, president of the Ethereum Foundation, called the milestone “not just a national accomplishment, but a global advancement towards a more open and secure digital future.” 1/ Today, Bhutan celebrates a historic milestone, becoming the first nation to anchor its national digital identity system on Ethereum. 🇧🇹@VitalikBute...