- Ethereum founder Vitalik Buterin claimed that cryptocurrencies have become a viable form of savings, with many people using them as a primary bank account.
Ethereum (ETH) and the broader cryptocurrency market are now entering a period of accelerated security, maturity, and optionality, said its founder, Vitalik Buterin. The developer of the largest crypto asset by market cap highlighted during a pre-recorded speech at Dromos Labs on Wednesday that their evolution from mere speculative assets makes them a viable form of savings.
Buterin told the audience to expect more people and institutions to turn into crypto to hedge their wealth. He emphasized that many of them are starting to use digital assets “as their primary bank account” because “DeFi (decentralized finance) as a form of savings is finally viable.”
A Departure From High-Risk Speculation
Reiterating the points he raised in his September blog post, Buterin explained that the maturity of many lower-risk DeFi protocols has attracted individuals and businesses seeking to escape the traditional fiat money system. According to him, they view the trend as an opportunity to untangle their finances from the risks posed by political and economic factors.
Despite his bullish outlook on crypto adoption, he still acknowledges the security challenges posed by hackers who are also continuously leveling up their game and tools. He claimed that while blockchain protocols have enhanced their security over the years, the total amount lost to crypto exploits keeps rising.
In fact, the 2025 numbers were even greater than the previous year, primarily due to the $1.5 billion Bybit hack in February. The latest of which was the Balancer exploit that siphoned millions of funds from various chains.
Additionally, Buterin reiterated that creators and builders must stick to the core values that made crypto, especially Ethereum, stick with consumers. He said their networks must be open source, with open standards and interoperability, to prevent them from becoming a “walled garden” where only a few would benefit. Likewise, it must not veer away from its censorship-resistant ethos.
Aero Launch
Besides Buterin’s appearance, the Dromos Labs event marked the merger of its proprietary decentralized exchanges (DEXs) Aerodrome and Velodrome into a single platform. The new platform, called Aero, expands Aerodrome’s support beyond its primary hub at Base to the Ethereum mainnet and Circle’s Arc chain.
In a press release featured on The Defiant, the new DEX comes with a new operating system called METADEX03. The upgrade reduces value leakage while introducing lower costs and trading efficiency for networks operating under the Ethereum umbrella.
Furthermore, the merger paves the way for the launch of a new token for Aero. AERO and VELO users can convert their holdings into the new AERO token to participate in the new DEX’s unified governance, rewards, and incentives.
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