In celebration of Ethereum’s 10th anniversary, Ethereum has released The Ethereum Torch, a special NFT to celebrate. The Ethereum Torch is a digital token that symbolizes the Ethereum network’s decade-long celebratory journey. Beginning July 20, 2025, the NFT will move from wallet to wallet each day for 10 days. This thrilling trip will come to its conclusion on July 30. This powerful digital ritual has helped underscore Ethereum’s promise to continue being a community-owned and -driven protocol.
Each 24-hour period, the Ethereum Torch is in the symbolic possession of one of the most well-known figures or builders of the Ethereum community. Ethereum Torch will be publicly minted on its last day, July 30. The NFT will be permanently burned on July 30, closing the book on Ethereum’s first chapter forever. In addition to being a programming capstone, this gathering will mark the thrilling launch of its next phase.
A Decade of Ethereum: Honoring the Past, Lighting the Future
The Ethereum Torch is designed to honor the individuals, ideas, and values that have shaped the Ethereum ecosystem since its launch in 2015. This effort acts as an open, public archive of Ethereum’s historic achievement. Each time The Ethereum Torch passes from wallet to wallet, it’s a symbolic gesture.
The Torch is an NFT honoring the people and values that have shaped Ethereum’s first decade and will help build its future. - Ethereum
Joseph Lubin is an Ethereum cofounder and the founder of blockchain firm ConsenSys. He is proud to be the ceremonial first bearer of The Ethereum Torch. His role highlights the importance of visionary people in the development of any network. His involvement is a nod to the collaborative spirit that has propelled Ethereum’s ecosystem growth and innovation throughout the last 10 years.
Ethereum's recent price and market capitalization highs coincide with the network's 10th anniversary. This convergence is a demonstration of the all-around enthusiasm and faith in what the platform can bring to bear. The reason for that convergence is a proof of the positive sentiment surrounding Ethereum’s future and prospects.
The Digital Ritual: Passing the Torch
The Ethereum Torch started its journey on July 20, 2025. It all began with the electric digital ceremony, in which one influential community leader gifted the NFT to another. Each holder will have the Torch in their possession for one full day. This process may seem mundane, but it highlights the collaborative, decentralized nature of the Ethereum network.
During this time, the Ethereum Torch will not be available for trading. This narrow limitation allows the focus to remain on the largely symbolic transfer of the NFT. It makes for a poetic time to celebrate Ethereum’s remarkable accomplishment. This limitation further cements its status as a commemorative piece as opposed to a new speculative instrument.
On July 30, The Ethereum Torch will be open to anyone willing to mint it. The network hopes tens of thousands of artists, collectors, and enthusiasts from all corners of the ecosystem will mint this special commemorative NFT.
Culmination and Legacy: Burning the Torch
The Ethereum Torch will be permanently burned on July 30, which will mark the end of the 10-day-long celebration. This act represents the beginning of the end of Ethereum’s first act. The act really marks the dawn of a new, more competitive era of innovation and growth.
Burning the Torch reflects a bigger change. This turning point serves as a significant testament to the network’s growth and maturation. In it, it chiefly touts its commitment to innovation in the space.
Given the amount of attention it will generate from the Ethereum community, we’re expecting this event to be a little different. The gathering is a time to look back at what the network has accomplished. The event will provide opportunities too before, during and after to shape its future trajectory.
