Ethereum Up 12,000x in 10 Years: How ETH Marked Its Anniversary

Cryptocurrency

The second-largest cryptocurrency by market cap is experiencing a new wave of interest — the asset is outpacing Bitcoin in growth. Ethereum (ETH) has increased in value by 12,200 times since its launch 10 years ago. The token price during the 2015 ICO was about $0.31. On its tenth birthday, the coin is trading at approximately $3,780.

On July 30, 2015, the Ethereum mainnet was launched — on that day, the first block (Genesis Block) was created in the Ethereum blockchain, officially marking the start of the network.

The all-time high for Ethereum — around $4,800 — was recorded in fall 2021. Unlike Bitcoin (BTC), Solana (SOL), XRP (XRP), BNB (BNB), and several other major cryptocurrencies, ETH has yet to surpass its record in 2025. However, investor interest in the altcoin has significantly increased over the past month.

Ethereum's price has surged 53% in the last 30 days (compared to Bitcoin’s 9.8%). On July 28, ETH reached its 2025 high, approaching the psychologically important $4,000 level.

Net capital inflow into spot Ethereum ETFs in July exceeded $5.4 billion. An increasing number of companies are joining the ETH accumulation strategy. According to StrategicETHreserve, there are now 66 such companies, holding a combined total of 2.57 million ETH ($9.7 billion). Among the largest are BitMine, SharpLink, The Ether Machine, and crypto exchange Coinbase.

Meanwhile, Bitcoin is trading around $118,200. The total crypto market cap is $3.94 trillion. Bitcoin dominance is at 61.6%, while Ethereum holds a 12% market share — 31% higher than a month ago (per TradingView data).

A day earlier, miner BitMine released a study estimating that Ethereum’s replacement cost is 15 times higher than its current market value. According to the report, that replacement cost stands at $60,000.

See also: "These Events Will Affect Bitcoin’s Price in August"

#Ethereum (ETH) #Price Increase

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