Ethereum Foundation Shakes Up Leadership – Here’s What’s Changing

Ethereum’s governing body just dropped a leadership bombshell—restructuring its core team around what it calls ’twin strategic goals.’

The move comes as ETH struggles to reclaim its DeFi dominance from Solana and layer-2 rivals. Because nothing says ’decentralization’ like a good old-fashioned corporate reshuffle.

Insiders hint the revamp targets scalability and ecosystem growth—though skeptics note it’s easier to change execs than fix gas fees.

Ethereum Foundation’s new vision

Apart from the management shake-up, the EF also revealed a new vision. Buterin reiterated the EF twin goals of real-world usage and decentralization. 

“Twin goals of EF: Usage of Ethereum – but usage of a type where users are actually benefiting from Ethereum’s underlying properties. Resilience and decentralization of Ethereum – viewed holistically, focused on addressing points of weakness anywhere in the stack.”

Source: EF (excerpt of the new vision)

The replacement of former EF executive director Aya Miyaguchi (now president) happened after an intense community backlash. The criticism also followed a series of ETH sell-offs from EF.  

The community complained about EF’s lack of transparency and called for a more technical and experienced developer within the Ethereum ecosystem to take her place. 

Stanczak will lead the role for two years, alongside his position at Nethermind and a private venture focused on Ethereum. 

While some hailed the move, some, like Pierre Rochard, downplayed the update. He said, 

“These two goals do nothing to help ETH accrue value…EF should instead IPO on the NASDAQ and run the ETH treasury company playbook with convertible bonds.”

Source: Santiment

That said, the update boosted ETH’s market sentiment, as revealed by a jump to positive territory. The Supply on Exchanges also slipped slightly, suggesting increased accumulation after the EF announcement.  

In fact, ETH was above key moving averages on the price charts, a bullish indicator on the possibility of the altcoin tapping the $1900 hurdle. However, the trendline support could be retested if $1,755 supports cracks. 

Source: ETH/USDT, TradingView