#ETH.# Zach Cole, a renowned Ethereum developer, introduced a bold new initiative aimed at significantly expanding the altcoin ecosystem and increasing the price of ETH to $10,000.

In his speech at the "Ethereum Community" conference on July 2, Cole introduced the "Ethereum Community Foundation" (ECF) – an independent organization focused on the value of ETH as an asset.
Unlike the existing Ethereum Foundation, which primarily supports the development of the protocol, the ECF was created to pursue goals that have been "neglected or avoided," according to its official website. The main goal of the foundation is to directly support the increase in the price of the leading altcoin through education, funding, promotion, and ecosystem initiatives.
Mission: ETH at a price of $10,000
"The price of ETH has been overlooked for too long," says ECF. "Our mission is to increase its value." Cole emphasized that the target of $10,000 per token is not just a speculative sensation, but a necessary step for the role of Ethereum as a global settlement layer.
"ETH at $10,000 is not a meme. It is a requirement, a benchmark, a mandate," he shared, noting that a market capitalization of $1.2 trillion would position Ethereum as a viable monetary competitor to gold. He emphasized that the value of ETH supports not only market sentiment – it funds validators, secures the network, and strengthens Ethereum's capacity to settle global transactions.
More aggressive value growth strategy
To achieve this ambitious goal, Cole explained that ECF will take a more aggressive role in supporting the community and long-term holders. This includes funding projects aimed at promoting adoption, strengthening infrastructure, and expanding the reach of Ethereum beyond traditional crypto circles.
With the launch of the Ethereum Community Foundation, Cole signaled a strategic shift in the altcoin ecosystem's approach to market value – price is not viewed as speculation, but as critically important for infrastructure.