Ethereum turns 10! Celebrates with NFT torch and $75 mln trading volume

Key Points

1. Ethereum is marking its 10-year anniversary with a symbolic NFT torch relay, starting with co-founder Joseph Lubin and ending with the torch being burned on July 30.

2. A commemorative NFT will be available for public minting, reflecting Ethereum's inclusive and open ethos.

3. Ethereum-based NFT projects accounted for over half of the $140 million weekly NFT trading volume, with $75 million in volume, a 300% increase from two weeks prior.

4. Ethereum's market cap surged past $458 billion, its highest in nearly eight months, with ETH's price reaching $3,793, up over 35% in July.

5. Technical indicators like RSI (87.80) and MACD showed strong bullish momentum, supporting the rally.