Ethereum launches NFT Torch to celebrate the anniversary of 10 years star-news.press/wp

The last ETHEREUM price and high market markets come in a timely manner for the tenth anniversary of the network.

Before this teacher, the network launched a symbolic flame (unmissable symbol) to honor its growth and global community.

Ethereum Torch lights NFT code 10 years ago

Ethereum ignited a strong new symbol to celebrate the next tenth anniversary. It is a unique NFT flame aimed at embodying the spirit specified in the first decade of Ethereum.

ETHEREMM announced the initiative on Monday, July 21, in a post on the official (Twitter) account.

According to the announcement, the NFT, which is called the “Ethereum flame”, will move from a wallet to a portfolio every day until July 30.

The digital torch is designed to honor individuals, ideas, and values that formed the ethereum ecological system since its launch of 2015.

A group of prominent figures from the community’s prominent figures will retain the flame for 24 hours during the next ten days. This includes a coordinated procession to reflect the arrival of ETHEREUM global and joint supervision.

On the last day, July 30, NFT will be constantly burned, representing both the coronation of the first semester of Ethereum and the beginning of the next.

A new NFT will be provided to anyone for mint freely and frankly to celebrate this occasion.

“The memorial NFT will be available on that day for anyone for mint,” the network mentioned.

This distinctive symbol will be a general memorial for the teacher, and it is expected to demand it thousands through the ecosystem. The initiative reflects the long -term ETHEREUM, transparency and decentralization.

By converting a 10 -year celebration into cooperative digital rituals, the Foundation has reiterated its commitment to preserving ETHEREUM a platform owned by society.

This announcement sparked a conversation on social media, as many praised the symbolic nature of the flame.

“Ethereum finally admits NFTS? Interestingly,” one user Mockery.

Ethereum flame has not yet been included in the famous NFT Marketplace.

This means that the ethereum flame is not available for trading at this time.

Ethereum NFT size increases by 300 % with the passage of the market

While the NFT symbolic flame of Ethereum is drawing attention to its cultural heritage, the data on the series reveals a more realistic return in the NFT market activity, with Ethereum at the head.

Last week, the weekly NFT trading volume in all Blockchains exceeded $ 140 million, which is the highest level in more than six months. ETHEREUM -based projects formed more than half of this total, as they recorded $ 75 million in size and led the broader NFT market.

This represents only 300 % of two weeks, when Ethereum NFTS only saw $ 18.3 million in trade volume. The height coincides with the final price of Ethereum.

Since July 6, ETH jumped nearly 50 %, which has caused speculation interest in digital holdings, especially among merchants who have long been long and local communities NFT.

The apostasy also comes after the year 2024 of NFTS. Last year, the total trading activity decreased by 18 % on an annual basis (YOY).

Other Blockchains also witnessed a movement. The Bitcoin -based NFTS recorded $ 25.6 million in weekly size, more than weak than $ 11 million in early July.

However, the activity on the polygon showed a slight decrease. The momentum extends beyond the mere trading numbers.

On the institutional front, the CBOE BZX recently introduced for the Canary Capital market that would carry the penguin. The penguin code is associated with the original Penguins Ethereum.

The group ranks second in the size of Coingecko per encrypted, behind Cryptopunks only. I have already exceeded the derivatives of the yacht club with bored Bayc and the sponsors of Infinex.

Amid the renewed interest in NFTS, one buyer has bought 48 Cryptopunks for $ 8.5 million.