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Railgun rockets 10% after Vitalik's $1.83M ETH splash!

Railgun rockets 10% after Vitalik's $1.83M ETH splash!

Date: 2025-06-04 16:57:40 | By Edwin Tuttle

Railgun Explodes 10% After Vitalik Buterin's $1.83M Ethereum Drop!

Railgun Price Surges Amid Vitalik's Huge Transfer

Holy smokes, Railgun (RAIL) just rocketed over 10% on June 4, 2025, as the market went wild! This crazy surge came right after Ethereum's very own Vitalik Buterin dumped a massive $1.83 million in Ethereum tokens straight into the Railgun Protocol.

From $0.78 to $0.89: Railgun's Wild Ride

Railgun, the token powering that slick zero knowledge proof privacy solution, shot up like a rocket on Wednesday, blasting off from $0.78 and peaking at $0.89. This double-digit jump happened while trading volume went nuts, soaring 36% to over $432k in a single day. Man, the market was on fire!

Bulls Trying to Flip the Script

The bulls are fighting tooth and nail to flip Railgun's downtrend, which started when it got rejected from above $10.3 back on May 29. This bullish move for the small-cap token lined up perfectly with one of the wildest transactions we've seen involving this privacy-focused platform.

Vitalik's Massive Move

Get this: on June 4, an address tied to Vitalik Buterin himself sent a whopping 693.9 ETH to Railgun. That transfer, valued at around $1.83 million when it happened, had everyone talking. But wait, there's more! Lookonchain spilled the beans that Buterin also moved $341k in USDC to the privacy protocol.

Just 30 minutes ago, @VitalikButerin bought 296.4 ETH worth $783K, then sent 693.9 ETH ($1.83M) and 341K USDC to Railgun. Talk about making a statement!

Why the Big Move? No Comment from Vitalik

Vitalik hasn't said a word about why he sent all that ETH to Railgun, but this isn't his first rodeo. Back in August 2024, he sent over $1.05 million in ETH to the protocol, and then another $505k in March 2025. The dude's a regular!

And get this, Vitalik's been singing Railgun's praises, saying their privacy solution helped stop a hacker from laundering stolen zkLend funds. That's some serious street cred right there.

Privacy Matters in DeFi

Railgun's getting more and more popular in the decentralized finance world, and it's no surprise. The whole ecosystem's been shouting from the rooftops that privacy matters. Vitalik's on board with that view, and the broader crypto industry's right there with him, especially with all the buzz around privacy coins and mixers like Tornado Cash.

Railgun's Price Journey

Railgun was trading above $1 back in May, but it's taken a 10% hit in the past week. It's still way off its all-time high of $8.37 from November 2021, but hey, with moves like Vitalik's, who knows what's next?

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