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Ethereum Foundation Names New Co-Executive Directors

Key Takeaways

The Ethereum Foundation has revised its leadership structure. Two new Co-Executive Directors will now guide its strategic and operational direction. The goal is to make Ethereum more usable in everyday life while also enhancing the network’s resilience and decentralization. Market response was cautiously positive.

New Leadership Structure at the Ethereum Foundation

On April 28, 2025, the Ethereum Foundation (EF) announced a major change in its leadership. Hsiao-Wei Wang and Tomasz K. Stańczak were appointed as Co-Executive Directors. They will jointly take on responsibility for strategy and operational implementation.

The foundation’s board now consists of four members, including Ethereum co-founder Vitalik Buterin and Aya Miyaguchi, who has been appointed President. The board will be responsible for ensuring adherence to overarching strategic goals and policies.

Goals: Everyday Use and Network Stability

With the leadership change, the EF is pursuing two key objectives:

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  1. Promoting the practical use of Ethereum – that is, applications where users can truly benefit from the technical features of the blockchain.
  2. Strengthening the resilience and decentralization of the network – across all levels, from infrastructure to applications.

Vitalik Buterin emphasized that these objectives are long-term in nature and aim for the sustainable development of the Ethereum ecosystem.

Background of the Changes

The leadership shift came in response to criticism from the community. Some members had voiced concerns over a lack of transparency and called for more technical expertise in leadership. As a result, Aya Miyaguchi was transitioned from her previous role as Executive Director and appointed President.

Tomasz K. Stańczak, one of the new Co-Executive Directors, is the founder of the Ethereum infrastructure company Nethermind and brings extensive technical experience. His term is initially set for two years.

Community Reactions

Opinions on the new structure are mixed. While many welcome the technical expertise of the new leadership, some remain skeptical. Critics like Pierre Rochard question the benefit of the new goals for the ETH price and instead advocate for a more economically driven approach, such as taking the foundation public.

Market Development Following the Announcement

Following the announcement of the new structure, market sentiment rose slightly. The ETH price crossed key moving averages – a technical signal of potential price growth. At the same time, the supply of ETH on exchanges decreased slightly, indicating increased accumulation.

A sustained rise above the US$1,900 mark is possible if support at US$1,755 holds. If that level fails, a retest of the trendline could occur.

Our Assessment

With its new leadership, the Ethereum Foundation is committing to a clear strategic direction. The focus on real-world use and technical stability makes sense for strengthening the network over the long term. The inclusion of experienced developers like Tomasz Stańczak is a step in the right direction.

For you as a user or investor, this means Ethereum continues to follow a technology-driven vision. Short-term price gains are not the primary focus – long-term network stability and real-world applications are. Keep a close eye on developments, especially regarding new projects and technical improvements.

Sources

  • Ethereum Foundation
  • Santiment
  • TradingView
Casinos: 52
Profile Ethereum
Symbol ETH
Coin type Alt Coin
Transaction Speed Medium
Pros
  • Second largest cryptocurrency
  • Accepted in many casinos
  • High transaction speed
Cons
  • Partial bugs in smart contracts
Further practical applications
Price $1,824.79
24h % 3.12 %
7d % 7.24 %
30d % 0.94 %
60d % -17.45 %
1y % -42.44 %
Market Cap $220,353,909,236.00
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