Vitalik Buterin has proposed replacing Ethereum's Ethereum Virtual Machine (EVM) with the open-source RISC-V architecture, claiming it would enhance the efficiency of the network's execution layer and address scaling issues. The transition aims to leverage RISC-V's benefits, including built-in encryption and potential efficiency gains, amidst concerns about Ethereum's competitiveness and recent declines in transaction volumes.

FIFA has partnered with Avalanche to create a custom blockchain compatible with the Ethereum Virtual Machine, migrating its FIFA Collect NFT collection from Algorand and Polygon. This move aims to enhance speed, scalability, and security for FIFA's digital collectibles.