Vitalik Buterin defines Ethereum's "never stop" tenth anniversary! Institutions are hoarding coins, BitMine boasts an acquisition of 5% of the supply.

On the occasion of the 10th anniversary of Ethereum's launch, co-founder Vitalik Buterin emphasized the core goal of the network to "Never Goes Down" and reiterated its mission to lay the foundation for human progress and digital autonomy. Many industry leaders look forward to the next decade: Ethereum will transform from a smart contracts platform into a global economic infrastructure, driving asset digitization and enterprise-level adoption. The trend of institutions accumulating coins continues to heat up, with publicly listed companies such as BitMine (holding 625,000 ETH), Sharplink (438,000 ETH), Bit Digital (100,000 ETH), and BTCS (70,000 ETH) significantly increasing their ETH holdings, and BitMine even plans to acquire 5% of the total ETH supply.

Vitalik Buterin's 10th Anniversary Declaration: Perpetual Operation, Empowering Human Collaboration Ethereum co-founder Vitalik Buterin stated during the live broadcast celebrating the 10th anniversary of the network on July 30, the core mission of Ethereum: to ensure the network Never Goes Down, continuously promote human progress, and defend digital sovereignty. Vitalik Buterin reflects that the original intention was to create an open space for global developers, allowing anyone to freely build applications and unleash creativity. He emphasizes that the network must maintain programmability to support users in creating independently on it, and its core value lies in empowering applications that drive human progress and enhance collaboration capabilities.

Through storms and hardships, resilience creates legends Ethereum supporter and Oxbow co-founder Zak Cole praised the network's extraordinary resilience: enduring forks, failures, regulatory attacks, and internal community disagreements, it remains steadfast. Despite facing unexpected challenges such as the DAO hack, DeFi Summer, and the NFT boom, the Ethereum ecosystem continues to build and grow. Co-founder Joseph Lubin pointed out that Consensys has played a key role in shaping network infrastructure and has developed an ambitious roadmap for the future.

Leadership Outlook: The Next Decade as the Foundation of the Global Economy Multiple industry leaders outline the future blueprint of Ethereum in the Consensys report:

1. Engine of Economic Transformation: Mallesh Pai, chief economist at Rice University, predicts that in the next 5-10 years, Ethereum will leap from a smart contracts platform to the underlying infrastructure of the future global economy, with the digitization of assets such as stablecoins being the core driving force. The migration of on-chain assets depends on existing contributors and a new generation of institutional builders.
2. Internet Finance Pillar: GameSquare CEO Justin Kenna stated that investing in ETH is due to its status as the most reliable long-term virtual currency, aligning with the direction of internet evolution. Ethereum is evolving into one of the financial backbones of the internet, supporting global payments, entertainment IP, gaming economy, and digital identity.
3. Corporate On-Chain Revolution: Sam McIngvale, Product Lead at Optimism Labs, predicted: "In the next decade, all large enterprises will go on-chain, and most will vertically integrate their own infrastructure on Ethereum."
4. Developer-Driven Innovation: Nemil Dalal, the head of a mainstream CEX, believes that the Ethereum builder community will determine its long-term success over the next decade, and the network will continue to serve as a testing ground for new use cases.

Institutional Coin Accumulation: Public Companies' ETH Holdings Surge Ethereum is gaining strong momentum as an emerging reserve asset among institutional adopters:

1. BitMine Immersion Tech: Largest Holdings Institution, holding approximately 625,000 ETH. Recently announced plans to acquire up to 5% of the total supply of Ethereum (approximately 6 million ETH, worth over 20 billion USD at current prices), demonstrating its extreme optimism.
2. Sharplink: Holds approximately 438,000 ETH as reserve assets. Last week, it just increased its holdings of ETH worth $290 million at an average price of $3,756.
3. Bit Digital: Holds 100,600 ETH. Announced a shift to an Ethereum reserve strategy (Treasury Strategy) on July 7, planning to raise $172 million through public equity and convert its assets from Bitcoin to Ethereum (BTC to ETH Conversion).
4. BTCS: Holds approximately 70,000 ETH. Plans to complete $10 million Convertible Note financing, which will bring its total financing this year to $207 million.

Conclusion: Ten Years of Foundation, Opening a New Chapter of "Never Going Offline" The tenth anniversary of Ethereum is not only a milestone but also a new starting point. Vitalik Buterin's declaration of "never going offline" defines the highest standard of network reliability, while institutions hoarding coins and the grand vision of industry leaders together outline Ethereum as the core infrastructure of the future digital economy. With the deepening of enterprise-level adoption and the wave of asset digitization, Ethereum's next decade will focus on becoming a "never offline" public utility that supports global collaboration and value.