Key Takeaways:
- Ethereum Foundation Leadership Change: Hsiao-Wei Wang and Tomasz Stańczak are the new co-directors, taking charge on March 17.
- Ethereum Faces Key Challenges: The transition comes amid concerns over ETH price struggles, Layer-2 competition, and network scalability.
- Strategic Moves for Growth: The Foundation deposited 45,000 ETH into DeFi protocols and launched Etherealize to boost institutional engagement.
The Ethereum Foundation has announced a leadership transition in response to community concerns about the project’s direction.
On March 1, it introduced Hsiao-Wei Wang, a core Ethereum researcher, and Tomasz Stańczak, CEO of Nethermind, as the new co-directors.
2/ @hwwonx has served as a researcher at EF for seven years, as a contributor to the beacon chain and as a community builder in Taiwan.
— Ethereum Foundation (@ethereumfndn) March 1, 2025
This experience gives her deep insight into Ethereum’s core values, and EF’s unique role in our ecosystem.
They will assume their roles on March 17.
The transition is seen as crucial as Ethereum evolves from an early-stage project into a robust, censorship-resistant financial and software infrastructure.
The leadership shift comes amid key challenges for Ethereum, including Ether’s price struggles, concerns over layer-2 networks diverting activity, and competition from newer blockchains.
In a January strategy post, Ethereum co-founder Vitalik Buterin proposed increasing Ethereum’s blob count to enhance transaction capacity while urging layer-2 networks to contribute fees to the main chain.
Additionally, on February 13, the Ethereum Foundation deposited 45,000 ETH (worth $120 million) into DeFi protocols like Aave and Compound to diversify its revenue.
To boost visibility, the Foundation has expanded its marketing efforts.
A new organization, Etherealize, co-founded by Ethereum developers Danny Ryan and Vivek Raman, was launched on March 1 to engage institutional investors.
These moves aim to position Ethereum for long-term success as a core layer of global finance and decentralized applications.
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