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Ethereum Community Foundation Aims for $10,000 ETH

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Disclaimer :
The information provided in this news article is for informational purposes only and reflects publicly available data and opinions at the time of writing. It should not be considered financial or investment advice.
At the Ethereum Community Conference on July 2, 2025, core developer Zak Cole announced the formation of the Ethereum Community Foundation (ECF)—an independent organization dedicated to elevating ETH’s value toward the ambitious $10,000 target. The initiative intends to accomplish this through strategic grants for ecosystem growth, infrastructure upgrades, and validator empowerment—prioritizing ETH’s worth as a secure, trust-layer asset rather than mere speculation.
Unlike the existing Ethereum Foundation, the ECF adopts a more direct, asset-focused mandate. As Cole stated:
“We say what the [Ethereum Foundation] can’t, we do what the [Ethereum Foundation] won’t… ETH to $10K isn’t a meme. It’s a requirement… It funds validators. It secures the network.”
🎯 Mission & Activities
Targeted grants: Funding projects that increase ETH burn, advance public goods, strengthen core infrastructure, and scale Ethereum, all while avoiding new token issuance.
Validator-led governance: Launch of the Ethereum Validator Association (EVA) marks the ECF’s first grant recipient—aimed at giving validators input on upgrading, consensus, and network policy.
🧭 Why $10,000?
Network security: Higher ETH prices enhance staking incentives, reinforcing the network’s security—crucial in a proof-of-stake system .
Asset legitimacy: Reaching a $1.2 trillion market cap positions ETH alongside gold as a global settlement asset.
Foundational critique: Cole criticized the Ethereum Foundation’s…