Ethereum Blasts Past $2,800 Mark on July 10, Just Before Its Big 10-Year Bash!

Hold onto your hats, crypto fans! Ethereum just rocketed past the $2,800 mark on July 10, and it's all happening right before its epic 10-year anniversary. We're talking a jaw-dropping 6.4% jump in value!

The token hit the roof at $2,816 around 7:16 AM UTC. Can you believe it? Ethereum hasn't been this high since mid-June, when it took a nosedive and struggled to climb back up... until now!

But wait, the ride didn't last long. After a brief moment at the top, Ethereum took a slight dip and settled back at $2,790. As we speak, it's trading at $2,791, still up by a solid 6.34% in the last 24 hours. Talk about a rollercoaster!

And guess what? Ethereum's market cap got a mega boost too, up by 6.37% to a whopping $336.9 billion. This beast of a cryptocurrency is the second largest out there, and it's not messing around.

Oh, and the daily trading volume for ETH? It's gone through the roof with an 86.4% increase to $30.9 billion. That's right, folks, the market is buzzing with activity!

Over the past week, ETH has been on a tear, up by 7.3%. And in the last month? A respectable 4.3% gain. Ethereum's not slowing down anytime soon!

Ethereum Foundation Shifts $2.7m to Internal Wallet - Anniversary Gift?

Get this: the Ethereum Foundation just moved a cool 1,000 ETH, worth about $2.7 million, to an internal wallet. The transfer happened at around 6:00 AM UTC on July 10. Could this be an anniversary surprise?

Right now, that internal address is holding onto a massive 14,000 ETH, which is nearly $40 million. That's some serious cash!

Back in June, the Ethereum Foundation dropped a bombshell, announcing a new treasury policy. They're all about long-term sustainability and keeping the ecosystem growing.

Historically, EF has been sitting on its own ETH, but the new strategy involves regular ETH sales to keep a fiat reserve and dive deeper into staking and DeFi. They're not just playing around; they're playing to win!

Let's not forget, Ethereum made its grand entrance into the crypto world on July 30, 2015, with the launch of its first decentralized blockchain. They called it Frontier back then, and it was the project's first live mainnet with Genesis block mining. What a trip down memory lane!

Since that wild launch, Ethereum has been on a non-stop journey of upgrades and innovations. The latest? The Pectra upgrade, which went live on May 7, 2025. Ethereum's not just surviving; it's thriving!