#writetoearn $ETH
about ETH (Ethereum) price raises or Ethereum fundraises, here's a breakdown of both possibilities:
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🟩 1. Ethereum Price Raises (Market Movement)
Ethereum (ETH), the second-largest cryptocurrency by market cap, experiences price raises due to several key factors:
✅ Main Reasons ETH Price Increases:
Increased Adoption: More people using Ethereum for DeFi, NFTs, and smart contracts.
Network Upgrades: Events like the Merge (shift to Proof of Stake) boost confidence.
Scarcity from Staking: ETH staked in validators reduces circulating supply.
Institutional Investment: Big companies and funds investing in ETH.
Bull Market Trends: Overall crypto market momentum pulls ETH up.
🔼 Recent Price Patterns (as of 2025):
Ethereum crossed several milestones post-ETF approvals.
Positive sentiment from L2 ecosystem (like Arbitrum, Optimism).
Growing use in tokenized real-world assets (RWAs).
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🟩 2. Ethereum Raises (Fundraising History)
📅 Initial Ethereum ICO (2014):
Raised ~$18 million in Bitcoin.
ETH was priced at around $0.30 during the crowdsale.
Over 60 million ETH were distributed.
🔄 Ongoing Development Funding:
Ethereum doesn’t do centralized fundraising now, but:
Ethereum Foundation receives donations.
Grants are given to core developers and ecosystem tools.
Projects on Ethereum (like Arbitrum, EigenLayer) raise their own funding.