Ethereum (ETH) has recently experienced some volatility, currently trading around the $1800 level. Despite the sell-offs affecting the market, some analysts believe that Ethereum is still undervalued, based on on-chain metrics.

In other news, the Ethereum Foundation has made adjustments to its governance structure, separating the board from the executive management in order to enhance ecosystem growth.

On the technical development front, work continues on network upgrades aimed at improving scalability and reducing transaction fees. The community is looking forward to developments related to scaling solutions like "rollups" which are expected to have a significant impact on network usage.

Overall, the Ethereum community remains active and committed to developing the network and enhancing its adoption in various decentralized applications.