On April 28, 2025, the Ethereum Foundation (EF) announced a new leadership team, reaffirming its mission to bring the world's leading smart contract blockchain into a new phase of development. After a period of criticism, can EF regain community trust? Let's analyze in detail.


New Leadership Team of the Ethereum Foundation

#EthereumFoundation (EF) – the organization behind the Ethereum blockchain – announced a new leadership team after months of criticism from the community for bureaucracy and slow adaptation. Specifically:



  • Operations and Strategy Board: Co-CEOs Hsiao-Wei Wang and Tomasz K. Stańczak; Bastian Aue (Management Strategy, Recruitment, Training); Josh Stark (Project Promotion, Communication, Marketing).


  • Board of Directors: Vitalik Buterin (Founder, technical direction); Aya Miyaguchi (Chair, vision and outreach); Patrick Storchenegger (Swiss Advisor, legal and compliance); Hsiao-Wei Wang (bridge between boards).



Previously, the community criticized EF for being passive in the face of market volatility and not listening to passionate voices. Vitalik Buterin had to speak out to call for calm, later agreeing to appoint two new co-CEOs to replace Aya Miyaguchi – who was elevated to Chair.


Reaffirmed Mission: 'Global Computer'

EF is committed to continuing its mission of scaling #Ethereum without compromising community values:



  • Caring for the 'Endless Garden': Supporting projects, communities, and infrastructure on Ethereum, maintaining the position of a 'global computer' with free access for millions of users.

  • Investing in infrastructure: Funding client development, protocol upgrades (The Merge, Dencun, Pectra), researching technologies like zero-knowledge proofs, enhancing privacy, organizing Devcon events, and educational initiatives.


  • Upholding values: Rapid adaptation, long-term planning, community empowerment, and addressing multifaceted issues.

  • Goals: Increase users, maximize benefits, and reinforce the safety and resilience of Ethereum technology.



Development Priorities: Addressing Shortcomings

Two new Chief Executive Officers aim for the next 12 months:



  • Scaling the Ethereum mainnet.


  • Increasing the data blob size of layer-2.


  • Improving user experience (UX), especially the connection between layer-2 and the application layer.



These tasks target community issues that have been pointed out: the layer-2 strategy since 2020 has been ineffective with layer-1, leading to reduced demand for the mainnet and negatively impacting ETH prices (currently $1,800). Nevertheless, EF remains committed to maintaining the layer-2 strategy but will adjust to address liquidity fragmentation and expand the blob data space.


Challenges and Concerns from the Community

EF's new direction raises concerns about conflicts of interest between layer-1 and layer-2. If both scale and transaction fees are low, this could lead to internal competition, affecting overall efficiency. Nevertheless, with the Fusaka upgrade (late 2025) expected to quadruple the gas limit to 150 million, Ethereum has the opportunity to improve performance, attract more users, and dApps.


Impact on the Crypto Market

EF's innovations bring many positive signals:



  • Increasing trust: The new leadership team and clear mission help EF regain trust, supporting prices $ETH amid a recovering market (Bitcoin at $94,800, preparing to reach $120,000 according to Standard Chartered).


  • Promoting innovation: Upgrades like Pectra and research on zero-knowledge proofs will strengthen Ethereum's position against competitors like Solana ($149).


  • Supporting the ecosystem: The development of Ethereum will lead to growth in DeFi and NFTs, leveraging the market's upward momentum (crypto fund inflows reached $3.4 billion last week).



Conclusion: Can Ethereum Regain Its Leading Position?

The Ethereum Foundation, with its new leadership and reaffirmed mission, is striving to take the leading smart contract blockchain into a new phase. Despite facing concerns about conflicts between layer-1 and layer-2, the priorities of scaling the mainnet and improving UX show a determination to address shortcomings. With the Fusaka upgrade and the recovery of the crypto market, Ethereum has the opportunity to strengthen its position as a 'global computer.' Investors should closely monitor to capitalize on growth potential.


Risk warning: Crypto investments carry high risks due to price volatility and legal uncertainty. Please consider carefully before participating. #anhbacong