Ethereum is 10: A Decade of Blockchain Revolution?

[TomPluz]

Over the past ten years, Ethereum has transformed the blockchain landscape. From its initial coin offering to becoming the second-largest crypto by market cap, Ethereum has continuously evolved, implementing major upgrades like the shift to Proof-of-Stake (PoS) and Layer 2 scaling solutions and cementing its position as a cornerstone of the Web3 ecosystem despite the emergence of several alternatives over the years.

Ethereum’s initial coin offering (ICO) began on July 22, 2014, with the price being 2,000 ETH per sale unit per BTC in a fully permissionless environment devoid of venture capital influence or vesting periods.

This rate only applied for the first 14 days. After that, the price began to decrease gradually, with each subsequent day offering fewer ETH per unit. By the end of the sale period on September 2, 2014, the rate had dropped to 1337.077 ETH per unit.

Fast forward to today, and the value dynamic has shifted dramatically. Now, 1 BTC buys less than 20 ETH. Drake pointed out that few assets have matched Bitcoin’s performance over the past decade, and even fewer have surpassed it by a factor of 100.

More of this Ethereum development here...


There is no question that just within 10 years of its existence, nothing can beat Ethereum in many ways than one. Just second to Bitcoin in many factors, it gained massive following and use-cases which the market really appreciate and right now it is the second biggest blockchain network in the world. Lead by a very popular, young and a genius man named Vitalik Buterin, the future of Ethereum is now secured and adding to its many big successes is the coming in of spot Ethereum ETFs on the market marking a significant recognation of Ethereum as a powerhouse in the cryptocurreny market. Do you agree that the next 10 years of Ethereum can be even be more exciting and expanding?

[ABCbits]

Sometimes i think it's crazy ETH remain popular with high market cap, despite some controversy. For example, rollback after DAO hack and very long transaction to PoS. I can see ETH remain popular in next 10 years, although i wonder whether L2 for ETH will become far more popular in next 10 years which makes ETH mainly used as settlement layer.

[Yamane_Keto]

Ethereum has succeeded in imposing itself as the basis for all smart contract currencies. In addition to the good development environment, the successful transition to PoS had an impact that was reflected in the market capacity and price, but it is difficult to say that the next ten years will be completely successful as the previous ten years were, but inevitably Ethereum is an example of a successful project.

[TomPluz]

Ethereum has succeeded in imposing itself as the basis for all smart contract currencies. In addition to the good development environment, the successful transition to PoS had an impact that was reflected in the market capacity and price, but it is difficult to say that the next ten years will be completely successful as the previous ten years were, but inevitably Ethereum is an example of a successful project.

The next 10 years will be full of challenges for Ethereum in an ever changing cryptocurrency market...as more and more players are entering the market hoping to get the attention they are looking for. Admittedly, Ethereum will continue to be a fixture in the industry but its leadership will be shaken by many forces though I still think it can be able to survive the ordeal, generally speaking.

[yhiaali3]

It is good that this tenth anniversary of Ethereum coincides with the launch of five Ethereum ETFs, perhaps an indication of the tremendous success and great achievement that Ethereum has achieved during these ten years.

There is no doubt that Ethereum has managed to occupy the second place in the market directly after Bitcoin and has maintained its position until today, and of course I expect it to develop and grow further during the next ten years. The only problem that the Ethereum network suffers from is the high fees, and I expect that the problem will be solved with the continuous upgrades.