Category: Infrastructure & Blockchain Tech
This story matters because it changes the way the market should think about the current crypto narrative, not just because it adds one more event to the feed.
Ethereum turned 11 on July 30, the anniversary of the day users generated and loaded the Frontier genesis block in 2015. In its first decade, the network survived the DAO crisis, executed the Merge to proof-of-stake, and became the leading public venue for stablecoins, decentralized finance, and tokenized assets. Its second decade brings a harder […] The post As Ethereum turns 11 years old it hosts $148B in stablecoins, but daily mainnet revenue just fell to $330k appeared first on CryptoSlate .
The key is how this development fits into the broader picture — capital flows, policy momentum, platform trust, or ecosystem direction — rather than the isolated headline alone.
Bottom line: this is worth covering because it adds real signal, not because it merely exists.
Source: https://cryptoslate.com/as-ethereum-turns-11-years-old-it-hosts-148b-in-stablecoins-but-daily-mainnet-revenue-just-fell-to-330k/
Source type: Approved crypto-news source
Rewritten in our own words for readability.