{"id":5047,"date":"2026-07-30T22:43:06","date_gmt":"2026-07-30T22:43:06","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=5047"},"modified":"2026-07-30T22:43:06","modified_gmt":"2026-07-30T22:43:06","slug":"ethereum-marks-11th-anniversary-as-eth-remains-more-than-60-below-record-high","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/07\/30\/ethereum-marks-11th-anniversary-as-eth-remains-more-than-60-below-record-high\/","title":{"rendered":"Ethereum Marks 11th Anniversary as ETH Remains More Than 60% Below Record High"},"content":{"rendered":"\n
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Ethereum celebrated the 11th anniversary of its genesis block on July 30, capping off a year filled with major network upgrades, institutional adoption, and internal restructuring. Despite continued technological progress, its native token remains well below last year\u2019s all-time high.<\/p>\n\n\n\n

Today, Ethereum operates with a 60 million gas limit\u2014double the capacity it had two years ago\u2014while Layer-2 rollups now process roughly 95% of all network transactions.<\/p>\n\n\n\n

On its anniversary, the blockchain was processing around 229 transactions per block, or nearly 21 transactions per second on the base layer, with network utilization at approximately 55%.<\/p>\n\n\n\n

According to Etherscan data, the base fee hovered around 5.3 gwei, translating to transaction costs of roughly $0.20 for a standard ETH transfer, $0.52 for ERC-20 transfers, and about $3.79 for token swaps.<\/p>\n\n\n\n

Scaling Advances and Institutional Adoption Continue<\/strong><\/p>\n\n\n\n

Ethereum\u2019s scaling improvements have coincided with growing institutional interest.<\/p>\n\n\n\n

Morgan Stanley recently launched the lowest-cost U.S. Ether exchange-traded product, charging a 0.14% expense ratio while staking between 50% and 80% of its ETH holdings and distributing staking rewards to investors.<\/p>\n\n\n\n

BlackRock has also introduced staking within its spot Ethereum fund, making ETHB the firm\u2019s first crypto investment product to generate staking rewards. Both offerings rely on Revenue Procedure 2025-31, which allows exchange-traded products to stake digital assets and distribute rewards without triggering separate tax consequences.<\/p>\n\n\n\n

Looking ahead, Ethereum developers are preparing two major upgrades\u2014Glamsterdam<\/strong> and Hegot\u00e1<\/strong>\u2014scheduled for later this year.<\/p>\n\n\n\n

The project\u2019s 2026 roadmap focuses on three priorities: expanding network scalability, improving user experience, and strengthening the base protocol. Developers also aim to increase the gas limit beyond 100 million per block while incorporating post-quantum security considerations into future protocol development.<\/p>\n\n\n\n

ETH Price Still Struggles<\/strong><\/p>\n\n\n\n

Despite the network\u2019s technical progress, Ethereum\u2019s price has endured a difficult year.<\/p>\n\n\n\n

As of July 30, ETH was trading around $1,920, representing a 49% decline over the previous 12 months and leaving it approximately 61% below its all-time high of $4,946 reached in August 2025.<\/p>\n\n\n\n

Ethereum\u2019s market capitalization stood at roughly $231 billion across a circulating supply of 120.7 million ETH, maintaining its position as the second-largest cryptocurrency behind Bitcoin.<\/p>\n\n\n\n

Ethereum Foundation Undergoes Major Leadership Changes<\/strong><\/p>\n\n\n\n

While the Ethereum ecosystem continued to expand, the Ethereum Foundation experienced significant organizational changes over the past year.<\/p>\n\n\n\n

Approximately 54 employees\u2014nearly one-fifth of the Foundation\u2019s workforce\u2014departed as the organization restructured into five core divisions focused on protocol development, accessibility, user experience, community and institutional engagement, as well as operations and management.<\/p>\n\n\n\n

Longtime community member and investor Ryan Beckmans suggested the departures were largely driven by disagreements over strategic priorities rather than concerns about Ethereum\u2019s long-term future.<\/p>\n\n\n\n

Several prominent contributors, including Carl Beek, Julian Ma, Barnab\u00e9 Monnot, Tim Beiko, Trent Van Epps, and Josh Stark, also left during the restructuring.<\/p>\n\n\n\n

Leadership changes followed soon after. Tomas Stanczak stepped down as co-executive director in February, with Bastian Aue appointed interim co-executive director. The Foundation said Stanczak departed after making significant contributions to its mission and operations.<\/p>\n\n\n\n

In June, Hsiao-Wei Wang also resigned as co-executive director and board member following her sabbatical. Her departure leaves Vitalik Buterin, Patrick Storchenegger, and Aya Miyaguchi as the remaining members of the Foundation\u2019s board.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum celebrated the 11th anniversary of its genesis block on July 30, capping off a year filled with major network upgrades, institutional adoption, and internal restructuring....<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5047","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/5047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=5047"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/5047\/revisions"}],"predecessor-version":[{"id":5049,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/5047\/revisions\/5049"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=5047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=5047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=5047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}