- The Ethereum community has launched Ether Guild, a non-profit initiative aimed at restoring ETH’s value after a 50% decline since December 2024, emphasizing that “ETH is money” and vital to Ethereum’s security.
- This move seeks to rebuild investor confidence and strengthen Ethereum’s ecosystem amid market volatility.
The Ethereum community has taken a bold step to restore the value of ether (ETH) with the launch of a non-profit initiative, Ether Guild. This move comes as ETH has suffered a drastic price decline since December 2024, sparking growing concerns among investors and developers.
The Need for Ether Guild
Once hailed as “the world computer” by Ethereum’s creator, Vitalik Buterin, Ethereum’s ecosystem has struggled to maintain ETH’s market position. Since December 2024, ETH has lost nearly 50% of its value, plunging from around $4,000 to approximately $1,951.21. This steep drop has led to internal conflicts within the Ethereum community, including threats directed at key figures like Aya Miyaguchi, the former executive director of the Ethereum Foundation.
To address these challenges, Ether Guild was introduced as a new entity focused on strengthening ETH’s position in the market. The initiative aligns itself with other Ethereum-supporting entities, such as Etherealize, which promotes institutional adoption of Ethereum’s technology.
Ethereum’s New Mantra: “ETH is Money”
Ether Guild is not just another advocacy group—it is redefining the narrative around Ethereum’s economic security. In a recently posted image, the organization emphasized that Ethereum is the foundation of ETH’s value, stating:
“Ethereum is the world computer, ETH is money. Without Ethereum, there would be no value for ETH. Without ETH, there would be no economic security for Ethereum.”
This statement underscores the interconnected nature of Ethereum’s network and its native cryptocurrency, suggesting that bolstering ETH’s value is crucial for maintaining the entire blockchain’s security and credibility.
What This Means for ETH Investors
The launch of Ether Guild signals an organized effort to restore faith in ETH as a valuable asset. While market volatility remains a concern, the initiative’s impact will depend on its ability to introduce effective strategies to increase demand and investor confidence. With ETH showing a modest 4.66% price increase in the last 24 hours, early signs indicate that the Ethereum community is responding positively.
As Ether Guild gains traction, investors and crypto enthusiasts alike will be watching closely to see whether this initiative can help ETH reclaim its former strength in the ever-evolving digital economy.
