- Ethereum’s on-chain time capsule ensures memories and predictions of the community and is opened for the eleventh birthday.
- ETH is 70 % resistant with a price increase of 0.66 % and an increase in sales by 70 %, while it celebrates its 10th anniversary.
Ethereum will celebrate the 10th birthday of his Genesis block in July. In order to appreciate this achievement, the Ethereum community started a unique project: the on-chain timing capsule. It is intended to safely preserve the historical moments, memories and predictions of the network on the blockchain until its 11th birth.
The time capsule project was presented at the Ethereum Community Conference (ETHCC) and developed in cooperation with the Protocol Guild and Shutter Network. It enables users to transmit encrypted files with art, news and considerations to smart contracts on the Ethereum blockchain.
A fee of around $ 2.50 in ETH is charged for each submission. The entire proceeds go to the Protocol Guild, which thus supports the most important research initiatives from Ethereum.
It’s time to celebrate the 10th anniversary of Ethereum!@ShutterNetwork, @EthCC & @ProtocolGuild invite the entire Ethereum ecosystem to leave a permanent mark on-chain with the Ethereum Time Capsule.
Preserve the Past, Protect the Future.
Live NOW!
1/6 pic.twitter.com/JiAdeDEXxa
— Ethereum Time Capsule (@ethtimecapsule) June 30, 2025
Using the threshold value encryption of Shutter Network, these entries remain sealed from July 30, the 10th anniversary of the origin of Ethereum. After a one-year blocking period, the Smart Contract will decipher the content on the 11th anniversary of the network and save permanently in Ethereum Ledger.
This method ensures that the memories and knowledge collected are preserved as part of the unchangeable history of Ethereum.
Jérôme de Tychey, President of Ethereum France and founder of the ETHCC, emphasized the value of the celebrations on the history of Ethereum as a way to confirm the culture and values of the network. Participants such as “Cheeky Gorilla” from the Protocol Guild described the capsule as an opportunity to evaluate Ethereum’s progress in his first decade and prepare for the next.
Development and market position of Ethereum
Ethereum was originally designed by Vitalik Buterin in 2013 as a programmable blockchain that should go beyond the possibilities of Bitcoin. The network officially started in July 2015 and has since developed into the second largest cryptocurrency after market capitalization.
Ethereum (ETH) is currently being traded at $ 2,463 and has recorded an increase of 0.66 %in the last 24 hours. Its market capitalization is around $ 297 billion, which corresponds to the latest number of evaluation. The trading volume has risen sharply and has increased by more than 70 % to around $ 15.86 billion in the same period.
Ethereum’s circulating range is around 120.7 million ETH, and there is no fixed upper limit for the offer. The fully watered rating roughly corresponds to the current market capitalization of almost $ 297 billion.
Price trends and investor behavior
A look at the price movements of Ethereum in the past 24 hours shows the resilience in a fluctuating market environment. The price initially remained just under $ 2,450 before rising significantly above this level in the early morning hours of June 30th. He reached its maximum near the $ 2,500 mark, then went back slightly and stabilized between $ 2,460 and $ 2,475.
This price development coincides with an increased trading volume, which indicates active participation of investors despite moderate changes in the course. The overall pattern indicates careful optimism among the dealers, as Ethereum approaches its 10th anniversary.
The time record controlled by the community emphasizes Ethereum’s focus on decentralization and transparency and extends these principles to the preservation of its history. By embedding memories and projections in the blockchain, the participants contribute to a permanent recording, which is accessible to future analyzes and considerations.
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