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#Ethereum 10th Anniversary# Ethereum is celebrating its 10th anniversary today, July 30, 2025, marking a decade since its genesis block was mined in 2015. This milestone represents a significant achievement for the blockchain platform, which has grown from a novel smart contract platform to a global financial layer powering decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs).
*Key Milestones:*
- *Genesis Block*: Ethereum's journey began on July 30, 2015, with the mining of its genesis block, enabling new possibilities for the internet and transforming finance, ownership, and programmability.
- *The Merge*: In 2022, Ethereum transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS), reducing energy consumption by 99.95% and securing the network with staked ETH tokens.
- *Dencun Upgrade*: The March 2024 upgrade significantly lowered transaction fees for Layer 2s and boosted scalability.
- *Pectra Upgrade*: Ethereum's largest update since The Merge, launched in May 2025, improved user experience with batched transactions, gas fee payments in any token, and better wallet functionality.¹ ²
*Celebrations:*
The Ethereum community is coming together to mark this occasion with global meetups, on-chain artifacts, and a livestream featuring Vitalik Buterin and key contributors reflecting on Ethereum's journey and future prospects. You can join the celebration by attending local events or tuning in to the livestream.³ ⁴
*Ethereum's Growth:*
Today, Ethereum:
- Processes over 24 million daily transactions
- Secures over $123 billion in stablecoins
- Has a DeFi market worth over $75 billion
- Boasts 870,000 validators and 13,600 physical nodes worldwide
As Ethereum enters its second decade, it's poised to continue shaping the future of decentralized innovation and financial infrastructure.