- Ethereum co-founder warns internet is becoming increasingly centralised.
- But the blockchain in 2026 represents “rebellion.”
- Ethereum’s price is down nearly 40% from its all-time high.
Ethereum is charging into 2026 with a manifesto — not a roadmap.
That message comes directly from co-founder Vitalik Buterin, who said that Ethereum is the “rebellion” against “centralised overlords.”
“We’re building decentralised applications,” Buterin said on X. “Applications that run without fraud, censorship or third-party interference.”
The $365 billion blockchain network aims to be “civilisational infrastructure” that can resist censorship, service intermediaries, and corporate dominance, he said.
“These properties sound radical,” he wrote, “but we must remember that a generation ago any wallet, kitchen appliance, book or car would fulfill every single one of them.”
Buterin’s note comes as power and wealth in the technology industry become increasingly concentrated in the hands of just a few top corporate players from Silicon Valley, who are all highly centralised.
The Mag 7 US tech companies, such as Apple, Microsoft, Amazon, Google, Meta Platforms, Nvidia, and Tesla, are now worth more than the combined stock markets of Japan, Canada, and the UK.
“Ethereum is the rebellion against this,” Buterin said.
“Fortunately, we have powerful tools on our side,” he wrote. “But we need to apply them, and we will.”
Buterin may be championing Ethereum’s decentralised nature, but many of the banks, traditional financial firms and fintechs exploring launching stablecoins are doing so on the Ethereum blockchain — letting centralised companies use the digital ledger.
Ethereum price
Ethereum is kicking off the new year trading nearly 40% below its August all-time high of $4,950.
Investors in recent months have been relentlessly dumping exchange-traded funds backed by the second-largest crypto. DefiLlama data shows $616 million in Ethereum ETF selling in December, adding to November’s $1.4 billion in liquidations.
Meanwhile, the tech-heavy Nasdaq-100 stock index is still hovering near all-time highs.
Other assets, such as gold, are also pushing to record highs amid strong macroeconomic tailwinds.
To be sure, Ethereum has plenty of bullish institutional supporters.
Tom Lee, chairman of digital asset treasury firm Bitmine, said on X that he expects Ethereum to have a good 2026.
“Gold moves lead crypto,” Lee said. “If these large commodity markets make such a move, how can one be skeptical of digital assets in 2026?”
Crypto market movers
- Bitcoin is up 1.7% over the past 24 hours, trading at $89,135.
- Ethereum is up 2% over the past 24 hours and trading at $3,040.
What we’re reading
- Six blockbuster crypto IPOs to watch in 2026 — DL News
- Bitcoin miners to tap Zaporizhzhia nuclear power — if there’s a peace deal in Ukraine — DL News
- Crypto.com to Hire In-House Market Maker for Prediction Markets — Unchained
- Alt season ‘26: What it will take — Milk Road
- Five crypto airdrops to watch for in 2026 — DL News
Lance Datskoluo is DL News’ Europe-based markets correspondent. Got a tip? Email at lance@dlnews.com.