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Home»Ethereum»Ethereum Community Foundation raises millions, aims for $10K ETH: ‘You deserve better!’
Ethereum

Ethereum Community Foundation raises millions, aims for $10K ETH: ‘You deserve better!’

July 2, 2025No Comments2 Mins Read
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The Ethereum Community Foundation: Driving Institutional Adoption and Price Appreciation

The Ethereum Community Foundation (ECF) has recently been established with the primary goal of supporting the institutional adoption of Ethereum’s infrastructure. This new organization aims to drive growth within the Ethereum ecosystem and facilitate the adoption of Ethereum by governments and institutions.

In a recent address at the Ethereum Community Conference in Cannes, France, Zak Cole, a key figure behind the ECF, emphasized the importance of boosting the price of Ethereum (ETH). He highlighted Ethereum’s pivotal role in decentralized finance and stablecoins, referring to it as the future of monetary premium. Cole expressed his belief that Ethereum had the potential to reach $10k and stressed the need for price appreciation to reflect the platform’s significance.

The ECF’s approach to achieving its goals involves funding neutral, immutable, and tokenless infrastructure that adds value to ETH stakeholders. The foundation will focus on supporting projects that contribute to the public good, advance core infrastructure, and scale Ethereum. One of the ECF’s initial initiatives, the Ethereum Validator Association, aims to empower Ethereum validators by allowing them to signal their preferences using staked ETH.

Despite Ethereum’s leading position in the decentralized finance (DeFi) space, the platform has faced challenges in terms of price performance. Competing with other Layer 1 blockchains such as Solana, Binance Smart Chain, and TRON, Ethereum has struggled to maintain its price against Bitcoin. The ETH/BTC chart reflects a prolonged downtrend for Ethereum investors, contrasting sharply with Bitcoin’s meteoric rise.

The ECF’s efforts to drive institutional adoption and price appreciation for Ethereum hold promise for the platform’s future. By supporting key infrastructure projects and initiatives, the foundation aims to position Ethereum as a leading blockchain platform for institutional and government use. The impact of the ECF’s work on Ethereum’s price trajectory remains to be seen, but its commitment to driving value for ETH stakeholders is a step in the right direction.

See also  Ethereum Price Repeats Bullish 'Megaphone' Pattern From 2017
10k Aims community deserve ETH Ethereum Foundation Millions Raises
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