<ul data-eligibleForWebStory="false">A new Ethereum Community Foundation (ECF) with the goal of increasing the value of ETH to $10,000 has been formed.The foundation aims to fund projects that align with ETH burn and expand the Ethereum ecosystem.The ECF will grant funds to projects that promote ETH growth, with a focus on projects burning ETH and enhancing scalability.The ECF's first grant recipient will be the Ethereum Validator Association (EVA), emphasizing decentralized monetary policy and empowering validators.