Ethereum’s non -profit arm deployed a main security campaign on May 14. It aims to consolidate the portfolios, intelligent contracts and the network itself. This decision comes as more money is circulating on the blockchain, with a plan large enough to protect the “billions” of digital assets.
Scope and objectives of the initiative
According to the Foundation, the effort is called the billion dollar security initiative. He has three steps. First, the team will scan everything from the design of the portfolio to consensus rules. They will chase weak points in the code and in the network. Then, they will choose the upper fixes and will work with the manufacturers to deploy updates. Finally, they will share what they will learn and help users, businesses and regulators to inform Ethereum security.
2. Ethereum must reach a “security of billions of dollars” – a world where:
– billions of people feel safe with $ 1,000 in onchain, raising collectively to billions of dollars
– Individual organizations are comfortable to store $ 1 billion in a single contract or application.
– Ethereum Foundation (@ethereumfndn) May 14, 2025
Team and Expert Roles
Based on the reports, two leaders in – Co -chair of the project. Fredrik Svantes manages research on the security of the protocol. Josh Stark seated the foundation management team. They will rely on three outdoor experts: Samczsun, Mehdi Zerouali and Zach Obont. These names have weight in crypto circles. Together, they will guide audits, suggest fixes and shape the plan.
ETHUSD trading at $2,569 on the 24-hour chart: TradingView.com
Market reaction and data
The price of ETH has jumped more than 40% since the Pectra update on May 7, reaching almost $ 2,755 before a slight withdrawal. Analysts indicate a key support in the band of $ 2,000 to $ 2,300. If it holds, a lot expects a thrust around $ 3,000. According to quince data, the volume of derivatives has increased by 25% to 121 billion dollars, while open interest increased by 4.5% to more than $ 32 billion. These figures highlight the increase in the interests of large traders.
Impact on Dominance DEFI
Ethereum still holds about half of any challenge value. Total locked value (TVL) on May 14 experienced around $ 80 billion, which represents almost 50 to 60% of the total locked on blockchains. By tightening security at all levels, the network hopes to keep its lead. In particular institutions are looking for clear security measures before committing more funds.
Ethereum on-chain activity. Source: IntoTheBlock
This safety push arrives at a key moment. The activity on the chain has resumed, just like the issues. High -level hacks in previous cycles cost hundreds of millions. A public and well -reduced audit can help relieve fears and advance money. It can also increase the bar for other intelligent contract platforms who wish to keep Ethereum users away.
However, the real test will be execution. The foundation must define clear deadlines and follow public progress. Corrects should be easy to adopt and messages must reach end users in simple terms. A smooth report will not calm the nerves if the wallets remain confusing or if the updates are lagging behind.
Star image of Gemini Imagen, tradingView graphic
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