Ethereum is celebrating its 10-year anniversary today, July 30, 2025, marking a decade since its genesis block was mined. Here are some key updates and milestones ¹ ² ³:
Market Cap: Ethereum's market cap has reached nearly $300 billion, growing 4.6 times faster than Bitcoin's market cap at the same age.
Derivatives Open Interest: Ethereum's derivatives open interest has reached a record $57.7 billion, signaling institutional and retail engagement.
Scalability and Security: The network has undergone significant upgrades, including The Merge (transition to proof-of-stake) and Pectra (improved user experience and scalability).
Decentralization: Despite challenges, $ETH has maintained perfect uptime and continues to drive blockchain innovation, with over 870,000 validators and 13,600 physical nodes.
Adoption: Ethereum powers thousands of applications used by millions daily, with over $123 billion in stablecoin market cap and $75 billion secured in DeFi.
Community Celebration: A commemorative "Torch" NFT was launched, symbolizing the community's role in Ethereum's progress and adoption, and will be passed wallet-to-wallet among selected community members, developers, and builders.
Future Roadmap: Ethereum's co-founder, Vitalik Buterin, emphasized the importance of maintaining decentralization and protecting the network's core values as it continues to grow and adopt new technologies.
