Ethereum Foundation Sells 10,000 ETH to SharpLink Gaming for Ecosystem Growth

The Ethereum Foundation has sold 10,000 Ether (ETH) to SharpLink Gaming in a private transaction valued at approximately $25.7 million. This move supports the development of the Ethereum network through grants, research initiatives, and community projects. The sale highlights growing institutional interest in the cryptocurrency, with SharpLink integrating ETH as part of their treasury asset.