ETH USD Reclaims Foothold Above $4,100: Is dGEN1 Privacy Layer Ethereum News Set To Fuel Price Growth?
A key feature hidden in the new dGEN1 ‘Ethereum Phone’ is quietly gaining a lot of attention following an unboxing by the Base chain creator, Jesse Pollack. This latest Ethereum news is fuelling ETH USD and its bullish price action since reclaiming $4,100, is $5,000 set to be tagged next?
Crypto has bounced back positively from last Friday’s Black Swan event, which saw Bitcoin
Bitcoin
3.05%
Bitcoin
BTC
Price
$114,500.65
3.05% /24h
Volume in 24h
$83.57B
Price 7d
drop from over $120K to below $ 110K. Ethereum also fell to $3,300 but has since begun its recovery by quickly reclaiming $4,000 and is now trading at $4,100.
The recently released dGEN1 crypto phone is billed as the ‘Ethereum Phone’. It is quickly becoming a hot topic within the Ethereum community due to its funky design, quirky features, which include an actual laser, and, more importantly, some incredible tools for traders.
NEW: I unboxed the @EthereumPhone and it’s sick pic.twitter.com/9zZqOppw4h
— jesse.base.eth (@jessepollak) October 10, 2025
Ethereum News Today: Base Chain Founder Jesse Pollack Unearths Bullish Tech During Unboxing for the new dGEN1 Phone
During the Base creators’ unboxing of the new dGEN1 Phone, Jesse Pollack gave a quick overview of the device and its capabilities. This included a demo of the phone’s decentralized privacy messaging app.
Base runs on XMTP, a messaging network that’s quantum-resistant, open source, and as secure as Signal. As the Mainnet for the network rolls out, no single country runs over 50% of the nodes.
This means that XMTP is not at the mercy of any country’s draconian privacy laws when it comes to messenger apps, so there will be no backdoor access given to government entities, as with Apple or Telegram founder Pavel Durov and his ongoing battle with the French authorities.
With XMTP, you don’t sign up and instantly give away all your personal data: no email, no phone number, no KYC. All that is required is a single key, similar to a private key with a typical self-custodial Web3 wallet.
The key operates at both the hardware level and the decentralized Ethereum network level, with an indistinguishable string of numbers and letters, allowing users to remain anonymous when messaging on the dGEN1 device.
Just sent a DM from the @baseapp to my dGEN1 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 Approve of the dGEN1? Ethereum Founder is a Huge Proponent for Privacy on Ethereum
XMTP is a key feature for the ‘Ethereum Phone’, with privacy being a priority for the dGEN team, echoing the Ethereum founder, Vitalik Buterin.
Vitalik has been speaking heavily in 2025 regarding his desire to design a privacy-focused roadmap for Ethereum, aiming to make private transactions the default without altering the core protocol.
He has long been a backer of ZK (Zero Knowledge) technology, a type of cryptographic proof that allows one party (the prover) to convince another party (the verifier) that a statement is true without revealing any information beyond the validity of the statement itself.
The Ethereum founder has yet to interact with the dGEN1 team on social media publicly, nor has a video of him playing with the device been released, similar to Jesse Pollack. However, with the device championing privacy and security, it is likely to come across Vitalik’s radar before long.
Why I support privacy:https://t.co/4Um4QdnTqG
— vitalik.eth (@VitalikButerin) April 14, 2025
dGEN1 in the Ethereum News Set to Fuel ETH USD Move to $5,000?
ETH USD is now trading just 4% below its pre-crash level, having reclaimed $4,100 after trading at $4,350 before Friday’s US/China tariff-induced black swan event, which saw $19Bn in futures positions wiped out in one of the worst days in crypto since the FTX collapse.
Ethereum is once again defending the weekly level, and if it holds, it could pave the way for $5K+ following last week’s market activity and historic liquidations.
It has broken out from the falling wedge in perfect textbook fashion and now needs to flip the $4,200 level to have full confidence in the reclaim on the October 10 dump.
There is a growing sentiment that, with the weekly support level of $4,100 holding and positive Ethereum news continuing, ETH USD could reach $5,000 by November. This would not only cement a fresh all-time high but also put Ethereum firmly on track for a bullish close to Q4.
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