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Ethereum Rumors of Changing Operators? With a change in the core team, can Ethereum break through its critical window period?

This year marks the tenth anniversary of Ethereum's birth, but in this tenth year, Ethereum's fate is facing multiple challenges. New public chains are emerging constantly, narrative dominance is frequently shifting, and prices have lost momentum during a prolonged adjustment.

Since the Ethereum Foundation changed its core team in February this year, Ethereum has begun to show a posture of 'active correction'. The change in the core team has resulted in a lack of market liquidity. Is Ethereum facing a 'change of operators'? According to on-chain data from NiNi's investigation, a large amount of chips are still concentrated in the market, indicating that major institutions have long-term confidence in their investments in Ethereum.

At the same time, a large number of traditional institutions are choosing to invest in Ethereum. Will major financial institutions build exclusive L2s or private chains on top of Ethereum's security layer in the future? These early actions may just be the prologue. However, in the short term, whether Ethereum can realize value redemption is very important, and the explosion of the application layer is crucial.

Ethereum is entering its 'critical window period'.

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