The Ethereum Foundation has sold 100 ETH for 334,315.7 DAI! 🎉 This is the foundation’s first ETH sale since publishing its 2024 report. So why are they selling? According to Vitalik Buterin, these sales fund technological advances by paying researchers and developers. They also support projects such as privacy-enhancing ZK technology and user-friendly account abstraction.
The ETH price has not been affected by these sales and continues to rise, currently above $3,230! 💪 How do you think these sales will affect the future of Ethereum? Let’s meet in the comments! 💬