On February 24, 2026, the Ethereum Foundation made a major official announcement that all 70,000 ETH (worth approximately US$128 million) in the vault would be pledged.Future development and operating expenses will rely entirely on staking income and will no longer sell ETH through the secondary market.Previously, the market has been worried about the risk of market crash caused by the foundation's irregular sales of coins. This time, the official took the lead in locking up and pledging.Not only does it give reassurance to the market, but it is also the strongest endorsement of the long-term value of Ethereum.Say goodbye to selling coins to support development, and the pledge income covers all expenses. This operation of the Ethereum Foundation has completely broken the concerns of the market for many years.According to the announcement, this pledge is a strict implementation of the treasury management policy set in 2025. The core purpose is to achieve the sustainability of the treasury and no longer rely on selling native tokens to maintain development.Every large transfer made by the foundation before has triggered the market's panic about "official smashing" and even led to short-term dives of ETH many times.After this full pledge, all expenses such as the development team's salary, ecological support, technology iteration, etc. will be covered by the interest generated from the pledge.The official selling pressure was eliminated from the source and injected strong confidence into the market.