Ethereum Celebrates 10 Years with Price Rebound and Institutional Adoption
Ethereum, launched on July 30, 2015, aimed to be a decentralized "World Computer." It has significantly impacted finance and culture over the past decade.
Key developments include:
- ETH price rebounded to $3,800 in July 2025 from around $1,500 in April 2025.
- Growth in tokenization and stablecoins, with institutions holding ETH for yield.
- Birth of Ethereum from a whitepaper by Vitalik Buterin in 2014; it went live in 2015.
- The DAO Hack in 2016 led to a controversial hard fork, creating Ethereum Classic.
- Explosive growth during the 2017 ICO boom, exposing scalability issues.
- Transition to proof-of-stake completed on September 15, 2022, reducing energy consumption by over 90%.
- Layer-2 solutions like Arbitrum and Optimism emerged, improving transaction efficiency.
- Leadership restructuring at the Ethereum Foundation in February 2025, focusing on transparency and development direction.
- Spot ETH ETFs approved in July 2024, increasing institutional access to Ethereum.
- Emerging trend of companies using ETH for staking and treasury strategies.
Looking ahead, the next year will be critical for Ethereum's relevance as financial institutions increasingly adopt its technology. Developers continue to enhance scalability and user experience while addressing broader societal concerns regarding centralization and AI.