From a whitepaper vision to a global, institutional-grade financial layer, trace Ethereum’s decade-long journey and discover why staking has become the cornerstone of its future.
Ethereum’s evolution is a story of relentless innovation. In just ten years, it has transformed from a concept for a “world computer” into the undisputed center of onchain finance, securing billions in value. Ethereum’s rails have become a deep, liquid, and interconnected global system. Staking is now the pillar of this modern architecture, supporting both its security and its institutional investment thesis.
Our report, “10 Years of Ethereum,” contextualizes Ethereum’s first decade to help understand the goals, technology, and investment potential of the world’s most important smart contract platform.
This report covers the key milestones, technological shifts, and emerging trends that have defined the world’s leading programmable blockchain:
- A Decade of Milestones: From the 2015 launch to the 2017 ICO boom, the “DeFi Summer” of 2020, and the monumental 2022 Merge, we explore how the challenges and innovations shaped the network at every turn.
- Ethereum by the Numbers: Visualize the network’s explosive growth, from a market cap of zero to over $443 billion, a validator count that has soared past 1 million, and over 35 million ETH now staked.
- The Rise of Staking: Learn how the transition to Proof-of-Stake was a macro game-changer, reducing energy consumption by over 99.9%, unlocking a new “green blockchain” narrative, and introducing a native, onchain reward for securing the network.
- The Institutional Tipping Point: Understand why institutions are no longer on the sidelines. The report details the critical factors driving institutional adoption, including enhanced security, regulatory clarity, and the professionalization of staking infrastructure.
- What’s Next for the Decade Ahead: From a focus on rapid, disruptive change to fostering stability, reliability, and security , we cover how the roadmap is evolving to create a more efficient L1, improve user experience, and future-proof the network through upgrades like enshrined PBS and account abstraction.
