Ethereum Launches $1 Trillion Security Push to Reinforce Blockchain Safety
New Initiative Targets Wallets, Smart Contracts, and Infrastructure to Support Mass Onchain Adoption
The Ethereum Foundation has launched an ambitious campaign to overhaul blockchain security across the ecosystem. Announced on May 14, the “Trillion Dollar Security Initiative” is designed to tackle the persistent vulnerabilities in legacy security systems that currently limit the broader adoption of onchain technologies.
The initiative is being spearheaded by Fredrik Svantes, a lead protocol security researcher, and Josh Stark from the Foundation’s management team. Supporting the leadership are well-known Ethereum contributors samczsun, Medhi Zerouali, and Zach Obront — all of whom bring deep experience in safeguarding Ethereum’s infrastructure.
Focus Areas: Wallets, UX, Smart Contracts, and Infrastructure
The project takes a developer-first approach, targeting key issues like wallet security, smart contract vulnerabilities, user experience, and underlying infrastructure reliability.
“Achieving Trillion Dollar Security is only possible with the support of the broad Ethereum ecosystem,” said the Foundation in a public statement. “Billions of users are already comfortable storing $1,000 or more onchain, representing trillions of dollars secured on Ethereum.”
According to DefiLlama, Ethereum continues to dominate decentralized finance (DeFi), commanding between 50%–60% of all total value locked (TVL) since May 2022. As of May 14, the network’s TVL is nearly $80 billion, underscoring the scale of value at stake.
Ethereum’s Technical Comeback: Pectra Upgrade Fuels Price Surge
The security initiative comes at a time when Ethereum is regaining momentum thanks to Pectra, its most significant network upgrade since The Merge. Despite a sluggish start in this bull market—marked by low traffic and underwhelming app development—Ethereum has rebounded.
Pectra introduced three major improvements:
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External accounts as smart contracts
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Increased staking limits
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Support for data blobs per block
Following the upgrade, Ethereum’s native token (ETH) surged over 43% between May 7 and May 14, with ETH currently priced at $2,597.
With both a technical and security renaissance underway, Ethereum is positioning itself not just as a blockchain platform, but as a resilient financial layer capable of securing trillions in global assets.
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