Ethereum’s $10,000 Dream: Community Foundation Launches Bold Push to Boost Price and Power
Ethereum’s path to a $10,000 price target takes a new turn as top core developer Zak Cole announces the launch of the Ethereum Community Foundation (ECF). This group is completely focused on increasing the value of Ethereum (ETH), saying the price isn’t just a number—it’s what secures the network, supports the community, and shapes Ethereum’s future.
In This Article:
Zak Cole’s Vision: A New Community Foundation Focused on Price and Growth
Zak Cole introduced the Ethereum Community Foundation (ECF) at the Ethereum Community Conference on July 2nd. Unlike the existing Ethereum Foundation, the ECF is independent and entirely geared toward one goal: growing Ethereum’s value and targeting a $10,000 ETH price. The group will fund projects and support actions the main Foundation has not tackled, with a mission to educate, fund, and build the ecosystem.
New Goals and Clear Strategies: How ECF Plans to Reach $10,000 ETH
The ECF will use its resources to fund projects that improve Ethereum’s infrastructure, collaborate with institutions, and support ETH holders directly. Priority will be given to efforts that maximize ETH’s value and limit the creation of new tokens. Cole says this focus is essential: ETH’s price funds validators, secures the network, and is crucial if Ethereum is to take a global financial role. To ECF, ETH to $10,000 isn’t just a slogan—it’s a target and a necessity.
Responding to Criticism: ECF Emerges as Ethereum Foundation Faces Scrutiny
The ECF arrives at a time when the Ethereum Foundation is being questioned for its choices, such as selling ETH earlier this year, which some blame for a price drop. In response, the Foundation has added new leaders and now focuses more on serving the community, including lending ETH for stablecoin liquidity instead of selling it. But the ECF’s launch signals a new, more aggressive push to secure Ethereum’s future and market value.
