As Ethereum turns 10 years old, the crypto community has gathered to celebrate the network that helped shape the industry over the past decade, with anecdotes from industry leaders and bullish predictions for Ether’s (ETH) upcoming price action.
One of Ethereum’s developers, Lefteris Karapetsas, commemorated the anniversary by sharing some pictures from July 30, 2015, stating, “We were a small team of hackers in an office in Kreuzberg in Berlin and we had just launched the Ethereum network. The rest is history. Looking back at the last 10 years, I am excited about the next 10 years, the next 25, the next 100.”
Fun fact: I met @vitalikbuterin in 2013 at the San Jose Bitcoin conference when he was writing for Bitcoin Magazine (his writing was great). A few months later I invited him to come by Coinbase’s first office in San Francisco for a visit and he showed us some cool stuff on his laptop.
Armstrong explained that he tried to hire Vitalik Buterin in 2013, but due to a series of circumstances, including problems obtaining a US work Visa, Buterin was forced to return to Canada.
“While he was stuck in Canada, he created Ethereum,” the CEO detailed, “So, in a way, the sub-optimal immigration system in the U.S. contributed to the creation of Ethereum.” Bankless co-founder David Hoffman jokingly replied that “Coinbase almost prevented Ethereum from ever happening.”
At the start of the week, the cryptocurrency briefly surged above this level, hitting a seven-month high of $3,941 on Monday. However, the recent market pullback sent Ethereum back inside its local range.
As of this writing, ETH is trading at $3,760, a 5% increase in the weekly timeframe.
