Buterin outlines “Ethereum Level 3” upgrade plan with privacy-focused transactions and 10x-plus fee cuts for tokens and NFTs
Vitalik Buterin's "Ethereum Level 3" roadmap signals continued L1 protocol iteration focused on scalability, privacy-enhanced transactions, and a dedicated storage layer for tokens/NFTs aimed at materially reducing fees. While no implementation or mainnet timeline is provided, the direction strengthens medium-term ecosystem confidence and can support near-term sentiment around ETH and Ethereum-native activity by reinforcing the network's upgrade cadence and compatibility assurances.
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Ethereum co-founder Vitalik Buterin has proposed a major upgrade plan he calls “Ethereum Level 3.” The plan includes new transaction technology aimed at faster, safer transfers with built-in privacy, and a dedicated storage layer for tokens and NFTs that he says can cut fees by more than 10 times. It also lays out a gradual scaling path over the next 3–4 years while keeping existing applications compatible. No specific timeline, implementation status, or mainnet upgrade date was provided.