Ethereum News Today: Ethereum Hits 10-Year Milestone as ETH Eyes $4,000 Breakout Amid Key Upgrades

Ethereum’s 10th anniversary has become a focal point for the crypto industry, drawing reflections from key figures and renewed market attention. The blockchain, which launched its mainnet on July 30, 2015, is now a cornerstone of decentralized finance (DeFi) and Web3 innovation, with its influence extending far beyond its origins as a vision in a white paper shared by co-founder Vitalik Buterin in 2013 [4]. Coinbase CEO Brian Armstrong recently recounted an anecdote about Buterin, highlighting the early days of the project and the passion that fueled its creation [1]. Armstrong revealed that he had tried to hire Buterin in 2013, but visa issues forced Buterin to return to Canada, where he went on to develop Ethereum. The anecdote underscores the unpredictable yet pivotal moments that have shaped the blockchain’s trajectory [1].

Ethereum has seen significant milestones over the past decade, including the rise of initial coin offerings (ICOs), the explosion of non-fungible tokens (NFTs), The Merge—a major upgrade that transitioned the network to a proof-of-stake model—and the recent speculation around spot exchange-traded funds (ETFs). The network also maintains a 100% uptime record over the last 10 years, a testament to its robust infrastructure and community-driven development [1].

As of July 30, 2025, Ethereum’s native token, ETH, is trading near $3,760, with a 5% increase over the week. Traders and analysts are closely watching the $3,800 level, seen as a key psychological barrier and potential catalyst for a larger upward move. The token has struggled to break through this level for over a week, with two failed attempts recorded during that period. However, a brief surge above $3,941 earlier in the week showed the asset's resilience, despite a subsequent pullback [1].

The market reaction has been mixed. On Wednesday, ETH dropped 4% to $3,680 following the U.S. Federal Reserve’s decision to hold interest rates steady, triggering $212 million in liquidations within an hour. Analysts like Ali Martinez and Merlijn The Trader believe that as long as ETH holds above $3,300, it could target $4,220 or even $5,140, based on MVRV pricing bands and order book dynamics [1]. The $4,000 level has emerged as a focal point, with large resting orders indicating potential for a breakout. A clean push through that level could lead to significant price acceleration [1].

Ethereum’s anniversary has also sparked a wave of community engagement, including NFT minting, historical content sharing, and social media tributes from developers and industry leaders. Lefteris Karapetsas, one of the platform’s original developers, shared archival photos from its launch in 2015, emphasizing the network’s humble beginnings in a Berlin office and its explosive growth since then [1]. As Ethereum looks ahead, the next decade could see further institutional adoption, regulatory clarity, and technological innovation that continues to redefine the blockchain landscape.

The broader crypto market remains sensitive to macroeconomic conditions, and Ethereum is no exception. The price of ETH is currently influenced by global market sentiment, regulatory developments, and the performance of other major cryptocurrencies. Despite short-term volatility, Ethereum’s foundational role in the industry and its ongoing upgrades suggest a strong long-term outlook. Whether it can clear the $4,000 threshold and sustain bullish momentum will be a key development in the coming months.

Source:

[1] Ethereum Celebrates 10 Years: Coinbase CEO Shares Vitalik Buterin Anecdote As ETH Eyes $4,000 (https://www.newsbtc.com/news/ethereum-celebrates-10-years-coinbase-ceo-shares-vitalik-buterin-anecdote-as-eth-eyes-4000/)

[4] Crypto Newsletter, 24/7 Real-Time Market Updates, Global (https://www.coinglass.com/newsflash)