#AltcoinRevolution2028 ETH Price Rises as Ethereum Foundation Shifts 50,000 ETH to DeFiEthereum (ETH) is trading at $2,666.49, rising 1.91% in the past 24 hours. The market cap now stands at $321.4 billion, up 1.92%. However, the 24-hour trading volume dropped 48.83% to $15.15 billion, signaling reduced activity. 

The Ethereum Foundation transferred 50,000 ETH worth $131.66 million to a multi-signature wallet used for DeFi participation. The move aligns with community proposals to generate yield rather than selling ETH. This decision could reduce sell pressure and enhance Ethereum’s role in the DeFi ecosystem.