In a recent post on social media platform X on September 3, 2025, the Ethereum Foundation (EF) – the organization managing the world’s second-largest blockchain, Ethereum (ETH) – announced plans to sell 10,000 ETH (approximately $44 million) in September.
These ETH will be converted by EF into cash via centralized exchanges (CEX) to raise additional funds for their ongoing research and development, as well as donations and contributions within the Ethereum ecosystem. EF stated that the conversion will take place across multiple smaller orders, rather than a single large transaction.
In a contrasting move, Yunfeng Financial Group has just announced that it purchased 10,000 ETH on the open market. It is known that billionaire Jack Ma is a co-founder of Yunfeng Capital, which controls Yunfeng Financial Group, and indirectly holds approximately 11.15% of the shares.
After reaching a new peak on August 22, ETH has retraced by about 8%, falling below $4,400. However, compared to the beginning of April, the digital currency’s price has nearly tripled, attracting the attention of investors.
In an earlier post on social media platform X, Joseph Lubin, co-founder of Ethereum, predicted that the price of ETH could increase by a hundredfold or more from its current value. “Ethereum/ETH will surpass the monetary base of Bitcoin/BTC,” emphasized Lubin. This suggests that Ethereum may not only be the leading blockchain platform in terms of technology but also potentially become the most valuable digital asset in terms of market capitalization.
Joseph Lubin believes that Wall Street is currently paying for a fragmented infrastructure and that Ethereum will eliminate much of this fragmentation. “Large financial corporations like JPMorgan will soon have to join the decentralized infrastructure,” said Lubin. This implies that these financial giants will participate in staking, operate validators, manage Layer 2 and Layer 3 networks, develop smart contracts, and engage in DeFi. He also dismissed concerns that Layer 2 networks would weaken the Ethereum mainnet.
The Ethereum Co-founder: ETH Could Surge 100X from Here!
“Ethereum/ETH will surpass Bitcoin/BTC as a currency,” emphasized Joseph Lubin.
The Digital Asset Investment Frontier: Unlocking the Potential
Bitcoin has come a long way since its mysterious inception on October 31, 2008. In just 16 short years, it has evolved from a niche digital currency to a global financial powerhouse, with a market capitalization in the billions. But is Bitcoin’s remarkable growth simply a fluke, or does it signal a new era in the world of finance?
“CEO of VanEck Shares Insights on Developing the Digital Asset Market, Proposes a Bitcoin Fund with SSI”
On March 17, 2025, VanEck Asset Management’s CEO, Jan van Eck, engaged in a fruitful discussion with Permanent Vice Minister, Nguyen Minh Vu, at the Ministry of Foreign Affairs. This landmark meeting paved the way for the transfer of invaluable international expertise and strategic insights into the development of Vietnam’s burgeoning digital asset market.
“The Crypto Report for August 2025 (Part 1): The Long-Term Uptrend Remains Intact”
The world of cryptocurrency is ever-evolving, and keeping abreast of market trends is crucial for investors. This analysis delves into the trends and behaviors of prominent cryptocurrencies that are on the radar of discerning investors. The insights provided herein offer a valuable reference point for both short-term trades and long-term investment strategies.
What Type of Digital Currency Should Vietnam Choose for its Pilot Program on Digital Asset Exchanges?
“When it comes to selecting digital assets for a pilot, our experts recommend focusing on liquidity, popularity, and other factors such as stock exchange listings. These criteria ensure a strategic and data-driven approach to choosing the right assets for your specific needs.”
