Ethereum 10th Anniversary, SharpLink Gaming Massive Acquisition Worth $43 Million!

Jakarta, Pintu News – On the 10th anniversary of Ethereum (ETH), SharpLink Gaming has made a major purchase by acquiring 11,259 ETH worth $43 million. This transaction marks an important momentum in the institutional adoption of Ethereum (ETH) and demonstrates the high confidence in this blockchain technology.

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Big Buys on a Historic Day

SharpLink Gaming has purchased 11,259 Ethereum (ETH) at an average price of $3,828 per ETH, increasing their total holdings to 449,276 ETH valued at $1.73 billion. This purchase was made through a transaction using digital US dollars (USDC), confirming Ethereum’s (ETH) position as a digital asset that continues to attract corporate interest.

Joseph Lubin, co-founder of Ethereum (ETH) and chairman of SharpLink, positively commented on Ethereum’s (ETH) achievements over the past decade. Lubin emphasized that Ethereum (ETH) has shown remarkable resilience and continues to evolve to become a reliable layer of trust in a rapidly evolving digital world.

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Institutional Adoption Increases

According to a report from Standard Chartered, since the beginning of June, corporate treasuries have acquired 1% of the total supply of Ethereum (ETH). This has supported Ethereum’s (ETH) strong price performance in the market. The bank also predicts that Ethereum (ETH) could surpass its year-end price target of $4,000 if inflows continue.

Furthermore, Standard Chartered estimates that treasury companies may hold up to 10% of the total Ethereum (ETH) supply in the future. This is driven by the advantages of staking and decentralized finance (DeFi), which offer more incentives for corporates to invest in Ethereum (ETH).

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Celebrations and Future Projections

Besides SharpLink, Ether Machine also celebrated Ethereum’s (ETH) birthday with a $56.9 million purchase of Ethereum (ETH). The company now owns 334,757 ETH worth more than $1.2 billion.

Ether Machine has also allocated $407 million for future acquisitions, showing high optimism for the future of Ethereum (ETH).

With Ethereum (ETH) price currently at $3,857.62 and having risen 2% in the last 24 hours, the bullish momentum in the market still seems to be strong. This suggests that Ethereum (ETH) continues to be a top choice for institutional and corporate investors.

Conclusion

The 10th anniversary of Ethereum (ETH) is not only a moment of celebration but also a turning point in institutional adoption and global trust in blockchain technology. With the support of key figures and major corporations, the future of Ethereum (ETH) looks even brighter and has the potential to bring more innovation and integration in the global financial system.

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Reference

• Crypto Times. SharpLink Adds 11,259 ETH on Ethereum’s 10th Anniversary. Accessed on August 1, 2025
• Featured Image: Coingape