10 Years of Ethereum: What Comes Next?
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Ethereum has come a long way as an ecosystem leader over the last ten years, but it has more work to do to remain relevant in the next decade.
It’s already been ten years since Ethereum launched and brought significant innovation to the blockchain ecosystem. Within this time, the network has pioneered the growth of decentralized finance (DeFi), non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs).
As Ethereum celebrates its tenth anniversary, CryptoPotato has obtained exclusive commentary from a few industry experts. Their opinions address questions about the blockchain’s journey so far and what the next decade holds in store.
Ethereum at 10
Ethereum introduced programmability and smart contracts to blockchain. While the network’s user base has expanded to at least 80 countries, and its transaction count is running into millions, competitors are challenging its leading position in the industry.
Although the project has recently been seeing institutional adoption, it may struggle to stay relevant over the next ten years. Jamie Elkaleh, CMO at Bitget Wallet, is of the opinion that Ethereum will have to continuously re-earn its position as the default layer-1 (L1) blockchain. Only infrastructure maturity will shape the network’s future, not some “killer app.”
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