Nine years ago, Ethereum made history with the mining of its genesis block, ushering in a new era of digital currency with the world’s first ETH tokens.
Since then, Ethereum has evolved into the cornerstone of a thriving decentralized finance ecosystem, pioneering innovations that are reshaping the future of finance.
Nine years ago, the ethereum genesis block was mined, giving us the world's first ETH tokens.
Today, ethereum is the anchor of an entire onchain ecosystem, helping to pave the way forward for decentralized finance.
First, slowly—then, all at once.
Happy anniversary, @ethereum.— Coinbase 🛡️ (@coinbase) July 30, 2024
Today, Ethereum boasts impressive statistics that underscore its growth and impact on the blockchain landscape. It has processed a staggering 2.45 billion transactions across 20.4 million blocks, highlighting its robust network activity. The Ethereum community now includes 1 million validators who help secure the network, ensuring its reliability and security.
Did you know? 🤔
Ethereum produced its genesis block 9 years ago today. Happy birthday Ethereum! 🥳
Ethereum's stats 9 years later:
• 2.45B transactions in 20.4M blocks
• 1M validators
• 277M unique addresses
• 66.9M contracts deployed
• 2M blobsOnward and upward 🚀 pic.twitter.com/kRvFERC2rU
— Etherscan (@etherscan) July 30, 2024
Ethereum Does Well In Adoption And Price Action
In terms of adoption, Ethereum has garnered widespread usage with 277 million unique addresses created and 66.9 million contracts deployed on its platform. These figures illustrate Ethereum’s versatility and utility across various decentralized applications (dApps) and smart contracts.
Moreover, Ethereum’s market performance has recently reached new heights, with its price soaring to $3,319 per ETH, marking a record high since its inception. This surge in value reflects growing investor confidence and interest in Ethereum’s potential as a long-term investment.
In the realm of cryptocurrency investment products, Ethereum ETFs have also seen notable activity. The latest data from Coingecko reveals mixed trends, with overall net flows remaining negative for the fourth consecutive day. Grayscale’s Ethereum Trust (ETHE) experienced an outflow of $210 million, albeit smaller compared to previous weeks, indicating fluctuating investor sentiment in the ETF market.
🚨 US #ETF 29 JUL: 🟢$124M to $BTC and 🔴$98M to $ETH
🌟 BTC ETF UPDATE (final): +$124M
• The net flow remains positive for 4 consecutive days.
• Only #BlackRock (IBIT) saw an inflow yesterday!
🌟 ETH ETF UPDATE (final): -$98M
• The net flow remains negative for the 4th… pic.twitter.com/KMCL0ggiX6
— Spot On Chain (@spotonchain) July 30, 2024
Looking ahead, Ethereum continues to lead the charge in decentralized finance, pushing boundaries and paving the way for future blockchain innovations. As it celebrates nine years of progress, Ethereum remains a pivotal force in shaping the future of digital finance worldwide.
Happy 9th Birthday, Ethereum!
As we celebrate the anniversary of its genesis block, let's take a look at how the price of #ETH has changed on this special day since 2016.
Where do you think Ether’s price is headed next year? pic.twitter.com/6wEbnoEcb9
— CoinGecko (@coingecko) July 30, 2024
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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