Can ETH Price Recover Above $2,500 as EF Promises To Sell Less ETH?
as market attention turned to new comments from Vitalik Buterin about the future role of the Ethereum Foundation and its ETH sales. The Ethereum Foundation is to become smaller, more focused, and more selective in how it uses its remaining resources, with Buterin saying this approach means the organization will “sell less ETH.” The update came while ETH remained under pressure. Ethereum bounced about 5% from a weekend low near $2,020 but later moved sideways around $2,115. The asset is still down about 9% over the past 14 days, while the Ethereum Fear and Greed Index stood at 33, signaling fear among traders. Source: Santiment data showed that crowd sentiment around Vitalik-related trending words turned about 76% bullish after the comments. However, the price response remained limited, showing that improved sentiment has not yet created a strong recovery in ETHs market structure. Ethereum Foundation Plans Smaller Role Buterin the Ethereum Foundation is not the center of Ethereum, but one node with a defined mission. He said the organization will focus on core priorities such as censorship resistance, capture resistance, openness, privacy, and security. He also said the foundation holds only about 0.16% of the total ETH supply. That level is far below the treasury share held