How Its Boom and Bust Shaped HistoryEthereum celebrated its 10th anniversary on Wednesday, with fresh momentum from institutions fueling hopes that Ether could challenge its all-time high set in November 2021.
Over the past decade, Ethereum has become the largest decentralized finance (DeFi) blockchain, with a total value locked (TVL) of nearly $85 billion at the time of writing.
Vitalik Buterin, co-founder of Ethereum, released the first version of its white paper in 2013.
The project raised $18.3 million in its initial coin offering (ICO) and officially launched as a blockchain for smart contracts in 2015. Its cryptocurrency, Ether, is currently ranked as the second-largest cryptocurrency by market capitalization after Bitcoin.
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