#EthereumTurns10
It’s been 10 years since Ethereum, the network that introduced smart contracts to the crypto world, mined its genesis block on July 30, 2015. It now stands as the second-largest cryptocurrency, after Bitcoin, in terms of market cap, which is approximately $458.7 billion. The blockchain has come a long way since its initial goal to become a censorship-resistant global computer not controlled by any single party.
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Ethereum Turns 10: Let’s Look At The Key Moments Of Its Amazing Journey
Ethereum’s first decade has been a remarkable journey of innovation, resilience, and adaptation. It created a new era in crypto by innovating the industry with smart contracts, DeFi, and NFTs.
Jul 30, 2025
by Saptadeep Acharjee
In 2016, Ethereum faced its first major crisis with the DAO hack, and it was able to test the strength of the network. A decentralized venture fund called the DAO raised 12.7 million ETH, but was hacked in June, and hackers wiped 3.6 million ETH because of a smart contract vulnerability. The community, divided on whether to preserve blockchain immutability or recover the funds, voted for a hard fork to reverse the theft.
