Ethereum Core Developers Launch Community Foundation with $10,000 ETH Price Target

·

The Ethereum ecosystem has taken a bold new step with the formation of the Ethereum Community Foundation (ECF), an independent organization established by core developer Zak Cole. This initiative marks a strategic shift toward enhancing ETH's value proposition as a core digital asset.

ECF's Mission: Driving ETH to $10,000

At the 8th Ethereum Community Conference in Cannes, France, Cole unveiled ECF's uncompromising vision:

👉 Discover how institutional ETH investments are reshaping crypto markets

Key Differences from Ethereum Foundation

Cole emphasized ECF's distinct approach:

"We say what (the Ethereum Foundation) can't say, we do what they won't do."

Key differentiators include:

  1. No VC-backed tokens: Projects must build non-tokenized, immutable applications
  2. ETH-centric design: Mandatory use of Ethereum mainnet for settlement
  3. Public goods focus: Funding projects that scale ETH without new tokens

First Grant Recipient: Ethereum Validator Assembly (EVA)

ECF's initial funding goes to EVA, which aims to:

ETH Price Outlook: Technical and Fundamental Drivers

Bullish Indicators Converge

Price Projections

Analysts present varying timelines:

ScenarioPrice TargetTimeframe
Optimistic$10,000-$12,000Early 2026
Conservative$10,000+Post-2026

Fundamental catalysts include:

Frequently Asked Questions

Why $10,000 ETH?

Cole argues ETH's price directly correlates with its security: "Stronger monetary foundations create higher valuation floors."

How does ECF differ from traditional VC funding?

ECF backs public-good infrastructure without token launches or venture capital influence—ensuring benefits flow to ETH holders.

What's the significance of EVA?

By empowering validators in protocol development, EVA creates more alignment between network security and ETH's monetary policy.

Are ETH ETFs impacting price?

Yes—recent institutional inflows suggest growing mainstream adoption could accelerate price appreciation.

👉 Explore ETH investment strategies for bull markets

Conclusion: A New Chapter for Ethereum

The ECF represents a watershed moment for ETH's evolution from smart contract platform to mature digital asset. With its clear $10,000 price target and focus on monetary fundamentals, the foundation could reshape how markets value Ethereum's native cryptocurrency.

Key takeaways:

As network upgrades and institutional adoption compound, Ethereum appears poised for its most significant valuation leap yet.