Ethereum developers have posted their thoughts on the development of the network and the milestone it hit in the form of The Merge. The reflection comes at a time when the Ethereum network has passed $15 billion in cumulative revenue since its launch in 2015.

Ethereum has certainly had an eventful few years, both good and bad, before becoming a powerhouse thanks to sectors like DeFi. A hard fork, the commitment to switching to proof-of-stake, and the growth of DeFi have consistently put the network in the spotlight over the years.

Despite the birth of new networks in the past five years, Ethereum has remained king and has hardly been offered a challenge by any rival networks. Ethereum, for example, burns more value in ETH every week than the revenue Solana has generated in its entire history.

(By Rahul Nambiampurath)

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