Ethereum Breaks $4,500 Barrier: The Revival of 402 and its Impact on the Future of the Internet

Ethereum has reached a record-breaking milestone by surpassing the $4,500 mark. Analysts attribute this surge to the expanding decentralized finance (DeFi) sector and increasing investment from institutions. This significant rise marks a turning point as the internet prepares for a more efficient value transfer system. A new chapter in digital payments is unfolding thanks to the revival of 402, an often-forgotten feature built into the original HTTP protocol. Two contrasting approaches are emerging: L402 and x402. L402 offers privacy and autonomy, using Lightning Network for decentralized payment processing, while x402 prioritizes speed and ease of use through a collaborative network driven by stablecoins on Base.