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🪙 ETH to $10K?

The newly announced Ethereum Community Foundation (ECF) has caught the industry’s attention: the fund aims to finance key pieces of Ethereum’s infrastructure and, in doing so, help lift Ether’s price to $10,000.

Funding is slated for multiple areas — layer-2 solutions, payment and custody services, and other projects that strengthen the network’s core infrastructure.

According to its initial statement, the ECF will roll out information in stages:

🟡 a detailed grant list with eligibility criteria
🟡 the first initiatives selected for funding
🟡 the core team and external contributors
🟡 guidelines for builders and researchers on how to apply or launch a project with ECF support

Several questions remain. The organization has yet to disclose the size of its capital pool, its legal structure, or the identities of its founders. It is also unclear how ECF’s work will coordinate with the longstanding Ethereum Foundation, which stewards protocol development.

The first official documents and the launch of the grant program are expected in the coming weeks. Their content will be crucial for assessing the initiative’s scale and its potential impact on Ethereum’s long-term trajectory.#uscryptonews