The Ethereum whitepaper, authored by Vitalik Buterin, celebrated its 12th anniversary on November 27, 2025. Coinbase CEO Brian Armstrong lauded Ethereum for its transformative impact on the crypto industry, particularly through its smart contract capabilities and Turing-complete programming language. On this milestone, Ethereum's price stood at approximately $3,000, a decline from $3,450 on the same date last year. Since its inception, Ethereum has introduced a blockchain with built-in programming functionality, allowing developers to create complex applications beyond simple value transfers. Over the years, Ethereum has undergone significant upgrades and now supports a wide range of applications, including DeFi, NFTs, and DAOs, with its market capitalization surpassing $365 billion.