Ethereum USD Regains Position Above $4,100: Will dGEN1 Privacy Layer Ethereum Update Drive Price Increase?

A significant aspect concealed within the newly launched dGEN1 ‘Ethereum Phone’ is quietly attracting considerable interest after an unboxing by Jesse Pollack, the creator of the Base chain. This recent ETH announcement is boosting Ethereum USD, and with price movements since reclaiming $4,100, is $5,000 the next target to reach?

Crypto has shown a strong rebound since last Friday’s Black Swan incident, which caused BTC

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plummet from over $120K to under $110K. Ethereum also declined to $3,300 but has since initiated its recovery by swiftly regaining $4,000 and is currently trading at $4,100.

The freshly released dGEN1 crypto device is marketed as the ‘Ethereum Phone’. It is rapidly becoming a hot topic among the ETH community due to its unique design, unusual features, including a real laser, and, most importantly, outstanding tools for traders.

NEW: I just unboxed the @EthereumPhone and it’s amazing pic.twitter.com/9zZqOppw4h

— jesse.base.eth (@jessepollak) October 10, 2025

Ethereum Announcement Today: Base Chain Founder Jesse Pollack Reveals Bullish Features During Unboxing of the New dGEN1 Phone

During the unboxing of the new dGEN1 Phone by the Base creators, Jesse Pollack provided a brief overview of the device and its features. This included a demonstration of the phone’s decentralized privacy messaging application.

Base operates on XMTP, a messaging framework that is quantum-resistant, open-source, and as secure as Signal. As the Live protocol for the platform is implemented, no single nation governs over 50% of the nodes.

This ensures that XMTP is not subject to any nation’s harsh privacy regulations concerning messaging apps, which means there will not be backdoor access granted to governmental bodies, unlike Apple or Telegram’s Pavel Durov in his ongoing struggle with French authorities.

With XMTP, users do not need to sign up with their personal information: no emails, no phone numbers, no KYC. A single key, akin to a private key with a standard self-custodial Web3 wallet, is all that is necessary.

This key functions at both the hardware level and the decentralized ETH platform level, featuring a string of numbers and letters that keeps users anonymous while messaging on the dGEN1 device.

Just sent a DM from the @baseapp to my dGEN1 crypto wallet address (@EthereumPhone). Message received instantly. That’s the beauty of interoperability and open protocols. pic.twitter.com/kgEWhgA8iE

— lastp↑ece.x (@lastpiecenft) October 12, 2025

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Does Vitalik Buterin Endorse the dGEN1? ETH Founder Advocates for Privacy on Ethereum

XMTP is an essential element of the ‘Ethereum Phone’, with privacy prioritized by the dGEN team, resonating with Ethereum’s founder, Vitalik Buterin.

Vitalik has been vocal throughout 2025 about his ambition to create a privacy-centric roadmap for ETH, aiming to make private transactions standard without modifying the core protocol.

He has long supported ZK (Zero Knowledge) technology, which is a form of cryptographic proof enabling one party (the prover) to convince another party (the verifier) that a statement is true without disclosing any information aside from the validity of the assertion itself.

The Ethereum founder has not yet publicly engaged with the dGEN1 team on social media, nor has any video of him testing the device been released, unlike Jesse Pollack. However, considering the device’s focus on privacy and protection, it is likely to catch Vitalik’s attention soon.

Why I support privacy:https://t.co/4Um4QdnTqG

— vitalik.eth (@VitalikButerin) April 14, 2025

dGEN1 in the Ethereum News Set to Propel ETH USD Toward $5,000?

Ethereum USD is presently trading just 4% below its pre-crash level, having regained $4,100 after fluctuating at $4,350 preceding Friday’s US/China tariff-induced black swan event, which led to $19Bn in futures positions being eliminated in one of the most drastic days in crypto since the FTX meltdown.

Ethereum is once again safeguarding the weekly level, and if it holds, it could pave the way for a rise beyond $5K following last week’s crypto market dynamics and historic liquidations.

(SOURCE: TradingView)

It has successfully broken out from the falling wedge in a classic manner and now requires a flip at the $4,200 level to regain confidence following the October 10 decline.

There is a growing belief that, with the weekly base level level of $4,100 remaining intact and ongoing positive ETH developments, ETH USD could achieve $5,000 by November. This would not only establish a new all-time high but also position ETH strongly for a optimistic finish to Q4.

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