Marking a decade of redefining money, markets, and digital value
Ethereum turning 10 is a milestone in blockchain history and a testament to the network’s transformation into a resilient, multi-dimensional ecosystem. Over the decade, Ethereum has scaled into the second-largest crypto economy with a market capitalization of $506B, demonstrating enduring demand, robust utility, and a self-reinforcing ecosystem that continues to expand in scope.
- A financial superstructure anchored on-chain: Ethereum today secures $154B in stablecoins and $87B in DeFi assets, representing roughly 60% of global DeFi activity. Together, they make Ethereum the central nervous system for programmable finance, where liquidity, lending, and settlement coexist on a single interoperable layer. With ~55% of Real-World Asset (RWA) tokenization also occurring on Ethereum, the network is the default financial infrastructure of the digital economy.
- Transforming scalability through Layer-2 innovation: The past decade saw Ethereum handle nearly 2.9B transactions across 330M unique addresses. This growth, instead of overwhelming the base layer, has been absorbed through 106 Layer-2 networks, driving a 20x increase in throughput capacity. This layered architecture reflects a maturing technological design where efficiency gains are realized without compromising decentralization, further reinforced by the 99.84% energy reduction post-Merge, a rare example of scaling aligned with sustainability.
- Security, resilience, and ecosystem reinforcement: Ethereum’s security is underpinned by 1.1 million validators and 36 million ETH staked, nearly a third of its total supply. This vast, globally distributed base makes the network exceptionally difficult to compromise, giving it one of the strongest security foundations in the blockchain world. What makes this even more powerful is how it works in synergy with the rapid growth of over 100 Layer-2 networks.
Ethereum at 10 shows that decentralized platforms can evolve into robust, multi-trillion-dollar economies, offering a blueprint for businesses exploring tokenized assets, financial interoperability, and scalable blockchain-native ecosystems.
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