#BinanceTurns8 ETH Turns 8 refers to the 8th anniversary of Ethereum (ETH), which was officially launched on July 30, 2015. Ethereum is a decentralized blockchain platform that introduced smart contracts, enabling developers to build decentralized applications (dApps) beyond just cryptocurrency.

Over the past 8 years, Ethereum has grown massively, powering DeFi, NFTs, DAOs, and more. Its native token, Ether (ETH), is used for transaction fees and network operations. In 2022, Ethereum transitioned to a more eco-friendly Proof of Stake model via “The Merge.” Celebrating ETH’s 8th birthday highlights its evolution, community strength, and continued dominance in the blockchain ecosystem.