Ethereum celebrates its tenth birthday today! Ten years ago, its price was just $0.30 per coin. Now, it has soared to over $4,000, ranking 28th in global assets and becoming the second-largest cryptocurrency after Bitcoin. It has flourished in sectors like DeFi and NFTs, earning it the nickname "the world computer," and has unwittingly transformed many aspects of our lives.
Back in 2014, Ethereum raised approximately 31,000 Bitcoins through an ICO (Initial Coin Offering), which were worth approximately $18 million at the time. At the time, Bitcoin was around $600 per coin. By 2025, it had surpassed $120,000, representing a nearly 200-fold increase. Ethereum's growth over the past decade has been even more dramatic, reaching approximately 12,580 times.
Over the past decade, it has evolved from Proof-of-Work (PoW) to Proof-of-Stake (PoS), through the DAO fork, and amidst the NFT craze. Subsequent upgrades, such as Fusaka and Glamsterdam, aim to improve efficiency. Layer 1 has expanded tenfold in a single year, and Layer 2 has also achieved breakthroughs in interoperability.
On the business side, on-chain throughput, institutional adoption, and RWA (tokenization of real-world assets) are all progressing. Some are optimistic about its ability to simplify processes, lower node barriers, and even become the "value settlement layer of the internet." Quantum-resistant encryption is also being developed, and some believe its security defenses could surpass Bitcoin.
In the next decade, Ethereum may move from idealism to infrastructure. When it becomes "boring," it will actually signal its true maturity.
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