Oh, dear readers, gather round and let me regale you with a tale of innovation, serendipity, and a bit of bureaucratic bumbling that led to the grand celebration of Ethereum‘s 10th birthday! Yes, indeed, the crypto world has come together to toast the network that has, in a mere decade, transformed the very fabric of digital finance. With a flourish of anecdotes from the great and the good of the industry, and a few bullish predictions that would make any trader’s heart flutter, the festivities have begun!
Ethereum Hits 10-Year Milestone
The blockchain behemoth and its devoted community are marking the 10th anniversary with a retrospective of the most pivotal moments since its inception in 2015. From the dizzying heights of the ICO frenzy to the NFT boom, the monumental The Merge, and even the approval of spot exchange-traded funds (ETFs), Ethereum has seen it all and then some.
Laura Shin, the illustrious host of Unchained, took to the digital stage to enumerate Ethereum’s impressive milestones. She highlighted the platform’s unparalleled client diversity, its Total Value Locked (TVL), and the sheer number of ecosystem developers who have flocked to its banner. And let us not forget the network’s unbroken 100% uptime rate—a feat so remarkable it could only be described as… well, something truly extraordinary.
Developer Lefteris Karapetsas, a veritable wizard of the code, commemorated the occasion by sharing snapshots from that fateful day in July 30, 2015. “In a humble office in Kreuzberg, Berlin, a small band of intrepid hackers brought the Ethereum network to life. The rest, as they say, is history. Reflecting on these past 10 years, I can hardly contain my excitement for what lies ahead—be it the next 10, 25, or even 100 years!”
But wait, there’s more! Coinbase CEO Brian Armstrong revealed a little-known fact that adds a dash of irony to the Ethereum saga. In 2013, at the San Jose Bitcoin conference, Armstrong met the young and brilliant Vitalik Buterin, who was then penning insightful articles for Bitcoin Magazine. “His writing was nothing short of genius,” Armstrong reminisced. A few months later, he invited Buterin to visit Coinbase’s first office in San Francisco, where the future Ethereum founder wowed them with a presentation on his laptop.
“I attempted to hire Vitalik in 2013, but alas, the labyrinthine US immigration system had other plans. Due to visa issues, he found himself back in Canada, where, in a twist of fate, he created Ethereum. So, in a way, the suboptimal immigration system in the U.S. inadvertently contributed to the birth of Ethereum.”
Bankless co-founder David Hoffman couldn’t resist a playful jab, quipping, “Coinbase almost prevented Ethereum from ever happening.”
ETH’s Birthday Fun Delayed?
On its momentous birthday, ETH embarked on a quest to reclaim the $3,800 mark, a threshold that some analysts view as the final barrier before reaching new highs. The King of Altcoins has been valiantly attempting to breach this level for over a week, with two notable but ultimately unsuccessful attempts.
At the beginning of the week, ETH made a fleeting ascent above this level, achieving a seven-month high of $3,941 on Monday. However, the subsequent market pullback sent Ethereum tumbling back into its local range.
Amid the celebratory atmosphere on Wednesday, ETH’s price dipped by 4%, landing in the $3,680 vicinity, courtesy of the US Federal Reserve’s decision to maintain interest rates. Despite the initial shock, which triggered liquidations worth $212 million in a mere 60 minutes, ETH swiftly bounced back.
Crypto analyst Ali Martinez opined that as long as the $3,300 support zone remains intact, ETH “could be poised for a move to $4,220 and possibly even $5,140, according to the MVRV Pricing Bands.”
Merlijn The Trader, a keen market observer, noted that “liquidity is exerting a magnetic pull on Ethereum. ETH is inexorably drawn toward $4,000, the largest wall of resting orders in months. One decisive push… and it will explode.”
At the time of writing, ETH is trading at $3,760, marking a 5% increase over the past week. So, dear readers, as Ethereum continues its journey, let us raise a virtual glass to the past, present, and future of this remarkable blockchain. Cheers! 🥂🚀
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2025-07-31 09:07