Ethereum Foundation has allocated $120 million worth of Ether $ETH to leading decentralized finance (DeFi) protocols Aave, Spark, and Compound, signaling a major shift in its funding strategy. The foundation transferred 45,000 ETH —with 4,200 ETH going to Compound, 10,000 ETH to Spark, and 30,800 ETH to Aave —as part of an effort to address long-standing concerns over its reliance on selling ETH to cover operational expenses.
With ETH trading at approximately $2,600, the total value of the deployment stands at around $120.4 million. This strategic allocation has been hailed as a win for the DeFi ecosystem, with many community members celebrating the foundation’s decision to provide liquidity instead of dumping ETH on the open market.
Stani Kulechov, founder and CEO of Aave, described the 30,800 ETH allocation (worth roughly $82.4 million ) as the foundation’s “biggest allocation in DeFi.” He expressed optimism, stating, “DeFi will win,” as the move adds significant liquidity to Aave Prime and Aave Core.
Community Reaction: A Collective Celebration
The crypto community has widely praised the Ethereum Foundation’s decision. Mark Jeffrey, a popular podcaster, called the move “smart,” emphasizing that lending is the “beating heart of DeFi” and that Aave represents the “beating heart of lending.”
On social media platform X, users echoed similar sentiments. One user encouraged the community, saying, “What we’re doing is working—keep it up!” Another remarked that continued engagement with DeFi apps would be “a positive thing” for the ecosystem.
Even critics like 0xNessus, co-founder of HyperLend, acknowledged the significance of the development. “All we had to do was bully them,” he joked, referring to years of urging the foundation to engage more deeply with DeFi applications.
Addressing Past Criticisms
This move comes after months of backlash against the Ethereum Foundation for selling ETH to fund its operations. In January, Eric Conner, co-author of EIP-1559, criticized the foundation’s primary use case as “dumping ETH.” Similarly, Anthony Sassano, host of The Daily Gwei, suggested alternatives like staking ETH or borrowing stablecoins against their holdings via platforms like Aave.
While Vitalik Buterin, Ethereum’s co-founder, previously cited regulatory uncertainty as a barrier to staking ETH, the foundation has hinted at exploring such options. In a recent post, the organization stated, “There’s more to come,” signaling further engagement with DeFi and inviting community suggestions for future initiatives.
Why This Matters for DeFi
By deploying funds directly into DeFi protocols, the Ethereum Foundation not only strengthens these platforms but also sets a precedent for institutional participation in decentralized finance. This move could encourage other organizations to follow suit, fostering greater adoption and innovation within the space.
As the foundation continues to explore staking and lending opportunities, the crypto world eagerly awaits its next steps. For now, the $120 million deployment marks a pivotal moment in Ethereum’s journey—one that aligns with its vision of empowering decentralized ecosystems.

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The crypto market remains under pressure, but Ethereum (ETH) is showing bullish signs as open interest surges. Meanwhile, XRP struggles and SUI aims to flip Avalanche (AVAX) in rankings.
Ethereum Open Interest Signals Bullish Momentum
Ethereum’s price is showing resilience amid a broader market downturn. As of writing, ETH is trading at $2,789.12, marking a 2.21% increase in 24 hours. In contrast, Bitcoin (BTC) is down 1.36%, trading at $96,634.
A key factor driving Ethereum’s recent strength is the increase in open interest in futures markets. Data from Coinglass reveals that Ethereum’s open interest has risen by 1.33% in the past 24 hours, with 8.57 million ETH ($23.94 billion) locked in futures contracts.
This uptick suggests growing trader confidence, hinting that Ethereum may decouple from Bitcoin and push towards $3,000. ETH recently bounced from $2,500, aligning with bullish forecasts for a sustained recovery.
XRP Bears Dominate, SUI Challenges AVAX for Market Ranking
While Ethereum is gaining momentum, XRP continues to struggle. The altcoin is down 5% in 24 hours, trading at $2,397. This decline comes despite XRP being considered a strong contender in the altcoin space.
Meanwhile, the rivalry between SUI and AVAX is intensifying.
SUI is trading at $3.349, down 6.66%, whileAvalanche (AVAX) is priced at $25.98, down 1.72%.
With a market cap difference of just $340 million, SUI has a real chance of overtaking AVAX in rankings. SUI has hit multiple all-time highs (ATH) in this bull run, while AVAX has failed to reach a new ATH in over three years.
If market conditions improve, SUI could flip AVAX soon.
Will ETH and XRP Lead the Next Altcoin Rebound?
As two of the largest altcoins by market cap, Ethereum and XRP are likely to lead the next crypto market recovery.
XRP ETF Speculation Fuels Bullish Hopes
Despite recent bearish momentum, XRP still has strong fundamentals that could trigger a price surge.
Multiple firms, including CoinShares, 21Shares, and Grayscale, are pushing for an XRP ETF in the United States.If approved, an XRP ETF could drive institutional adoption, leading to a long-term bullish trend.
With Ethereum showing strength, SUI closing in on AVAX, and XRP ETF discussions heating up, the altcoin market is gearing up for a potential recovery.
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$BTC $ETH Ethereum co-founder Vitalik Buterin has made headlines once again, offering a sharp retort to Bitcoin maximalists after crypto analyst Udi Wertheimer criticized diversified crypto portfolios. Wertheimer argued that any serious crypto investor should allocate at least 10% of their holdings to Bitcoin, suggesting a 70% allocation as ideal. Buterin swiftly countered, stating, “I hold less than 10% in BTC. But then again, I’m under 10% in anything that’s not ETH.”Buterin’s response underscores his unwavering confidence in Ethereum’s long-term potential. His stance has reignited debates within the crypto community: Should industry leaders diversify across different assets, or should they remain loyal to the platforms they helped build? While Bitcoin remains the original cryptocurrency and a go-to for many as a store of value, Buterin's ETH-centric portfolio signals his belief in Ethereum’s broader use cases, including smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs).Ethereum’s Price Swings Amid Growing Institutional InterestFollowing Buterin’s comments, Ethereum experienced a brief price surge, climbing 4% to $3,419 before dipping 2% in the past 24 hours, settling around $3,251.98. Despite last year's approval of spot ETH ETFs, Ethereum has struggled to match Bitcoin’s recent performance, leaving some ETH holders on edge. However, recent whale activity paints a different picture—large investors have accumulated over 100,000 ETH during the latest dip, signaling strong confidence in Ethereum’s future.Institutional interest is also on the rise, particularly after the SEC expedited approval for Bitwise’s Bitcoin and Ethereum ETFs on NYSE Arca. This regulatory green light could pave the way for further capital inflow, bolstering ETH’s standing in the market. While Bitcoin continues to dominate headlines, Ethereum’s evolving ecosystem suggests it remains a formidable contender in the crypto space.Why Vitalik Remains Firmly Rooted in EthereumButerin’s commitment to Ethereum isn’t just about loyalty—it reflects his belief in its expansive capabilities beyond serving as a digital currency. Ethereum powers a range of innovations, from DeFi protocols to NFT marketplaces, setting it apart from Bitcoin’s primary role as a store of value. Buterin has consistently advocated for fee-burning mechanisms and staking incentives to enhance Ethereum’s value proposition, positioning it as a long-term investment.While voices like Robert Kiyosaki have labeled Bitcoin a “safe haven” asset amidst warnings of potential market downturns, Buterin remains focused on Ethereum’s evolution. His strategic vision continues to guide the platform’s development, reinforcing his belief that ETH’s best days are yet to come. As the crypto landscape evolves, all eyes are on Ethereum’s trajectory and whether Buterin’s bold bet will pay off.#EthereumNews #VitalikButerin #CryptoPortfolio #BitcoinVsEthereum #DeFiInnovation

Ethereum (ETH) has experienced a significant downturn, dropping more than 25% from its recent highs and dipping below the crucial $3,000 support level. As the bears continue to dominate, ETH now finds itself trading below $2,800, creating uncertainty for investors. With the price of Ethereum currently consolidating around $2,120, here's a closer look at what’s next for Ethereum and the key technical levels to monitor.
Ethereum Price Plunges Below $3,000 Support Zone
Ethereum started a steep decline after failing to hold the $3,000 level. The price tumbled below $2,800 and eventually slipped to the $2,120 range, marking a sharp 25% drop from its highs. Currently, ETH is facing multiple resistances on the upside, particularly near the $2,650 and $2,770 levels.
Despite a minor rebound above the $2,300 mark, Ethereum’s price remains below key technical indicators, including the 100-hourly Simple Moving Average (SMA). A bearish trendline is forming with resistance near $2,900, signaling that further gains may be hard to come by unless ETH can push past this resistance.
Can Ethereum Recover? The $2,200 Support Zone Holds the Key
Ethereum's immediate future hinges on the $2,200 support level. If ETH can maintain above this critical level, there’s potential for a recovery. A break above the $2,600 resistance could lead to a potential push towards the $3,000 zone. On the other hand, if Ethereum fails to hold the $2,200 support, further downside could be expected, with targets at $2,120 and possibly $2,000 in the near term.
The MACD and RSI indicators are both showing bearish momentum, which suggests that Ethereum’s downtrend could continue if the price fails to reclaim significant resistance levels. Investors should closely monitor these levels to gauge the market's next move.
What Lies Ahead for Ethereum? Possible Scenarios
Potential Recovery: A breakthrough above $2,900 could signal a rebound toward the $3,000 resistance level, potentially setting ETH up for further gains toward $3,150.Bearish Continuation: Failure to reclaim the $2,600 zone could lead to more declines, with the $2,120 level acting as the next critical support. A drop below $2,250 could bring Ethereum closer to $2,000, raising concerns about a deeper correction.
Ethereum traders are now waiting for clear indications of either a recovery or a deeper decline. With volatility remaining high, ETH holders need to stay vigilant and prepared for price swings in both directions.
Technical Indicators at a Glance:
Hourly MACD: Bearish momentum is growing.Hourly RSI: Currently below 50, signaling a bearish sentiment.Major Support: $2,200.Key Resistance: $2,600.
With Ethereum's price hanging in the balance, the coming days will be crucial in determining whether ETH can regain its strength or if the bear market will continue. Stay tuned for further updates as the market reacts to these critical levels.

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Ethereum (ETH) stands as the leading platform for decentralized applications (dApps) and smart contracts. Its transition to Proof-of-Stake (PoS) through the Ethereum 2.0 upgrade has enhanced scalability and energy efficiency. ETH fuels the decentralized finance (DeFi) ecosystem, NFTs, and layer-2 scaling solutions, making it an essential asset for traders. Investors monitor ETH's price movements and staking rewards, exploring opportunities in yield farming and liquidity pools.

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