Vitalik Buterin, the co-founder of the world’s most popular smart contract platform, the Ethereum blockchain, has officially become a cryptocurrency billionaire.

Public Ethernet, called its most important wallet in 2018, reached $ 1 billion on the balance sheet after the price of Ether spiked above $ 3,000 on Monday.

At the time of writing, there were approximately 333,500 Ether (ETH) stored at this address, which is now valued at $ 1.029 billion, according to series data from Etherscan, as the value of ETH has more than quadrupled since about $ 700 in early 2006. 2021.

According to CoinGecko data, the world’s largest alternative digital currency is trading at $ 3,144 at time of publication, up 8.6% in the past 24 hours, and up 36% in the past seven days.

Ethereum price chart for the last 180 days. Source: CoinGecko
According to some online cryptocurrency players, the 27-year-old Buterin may be the youngest self-made billionaire in the cryptocurrency industry.

Amid soaring prices, Buterin has generously dumped the cryptocurrency. In late April, a Russian-Canadian programmer donated 100 Ether and 100 Micr (MKR) coins to the COVID-19 Relief Fund for India.