Ethereum will surge beyond the $2,800 mark on July 10th ahead of the project’s 10th anniversary. So far, tokens have jumped over 6.4%.
The value of the token peaked at $2,816 on July 10 at around 7:16am, according to data from crypto.news. The last time Ethereum (ETH) reached over $2,800, it was back in mid-June and was unable to climb until now.
However, the tokens experienced minor fixes and temporarily peaked before settling down to the $2,790 mark. At Press Time, tokens are currently trading hands at $2,791, an increase of 6.34% over the past 24 hours.
Market capitalization rose 6.37%, enjoying the boost driven by the recent price surge. The second largest cryptocurrency currently boasts a market capitalization of $336.9 billion.
July 10, 2025, Ethereum price list for deals over the past few hours | Source: crypto.news
Not only that, ETH’s daily trading volume also experienced a jump compared to the previous day. ETH’s daily trading volume rose 86.4% to $30.9 billion, according to Coingecko data. This indicates a significant increase in market activity in recent years.
Until last week, tokens rose 7.3%. Meanwhile, over the past month, ETH has experienced moderate profits of 4.3%.
read more: Ethereum exceeds the $2,600 threshold in rally fueled by US pay number
Will the Ethereum Foundation move $2.7 million to internal wallets, anniversary gifts?
According to Peckshieldalert’s on-chain data, the Ethereum Foundation recently moved 1,000 ETH chunks worth around $2.7 million at current market prices to its internal address. The relocation took place around 6am on July 10th.
At this time, the addresses linked inside are worth 14,000 ETH or nearly $40 million.
At the beginning of June, the Ethereum Foundation announced that it would implement new financial policies designed to ensure long-term sustainability while supporting the continued growth of the ecosystem.
Although EF has historically relied on retaining its own ETH, the new strategy will result in Fiont running more regular ETH sales to maintain its fiat reserve and expanding its staking and Deprey deployment.
On July 30, 2015, Ethereum debuted on Crypto Space by launching its first decentralized blockchain. Officially named Frontier at the time, it became the first live mainnet for a project that included Genesis Block Mining.
Since its first launch, Ethereum has evolved through many upgrades and innovations, with the latest Pectra upgrades recently released on May 7, 2025.
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