• Login
Crypto Newsmart
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
No Result
View All Result
Crypto Newsmart
No Result
View All Result

Ethereum Foundation Revamps Leadership Amid Market Volatility

Crypto Newsmart by Crypto Newsmart
3 months ago
in Crypto Price Analysis
Reading Time: 3 mins read
8
VIEWS
Share on Facebook


Este artículo también está disponible en español.

The Ethereum Foundation has announced a significant shake-up in its leadership ranks, appointing two new co-executive directors as it embarks on a fresh strategic direction. Hsiao-Wei Wang and Tomasz Stańczak will jointly take the helm of the non-profit that stewards Ethereum’s development, replacing the sole executive role previously held by Aya Miyaguchi​.

Related Reading

On the other hand, Miyaguchi, who served as Executive Director for seven years, is transitioning to the newly created position of Foundation President​. This interesting change in leadership comes as Ethereum’s price continues to undergo a decline towards the $2,000 mark.

Co-Executive Directors Take Helm Of The Ethereum Foundation

Ethereum’s new leaders bring a blend of deep protocol expertise and industry experience. Hsiao-Wei Wang, a seven-year veteran of the Ethereum Foundation’s research team, was a key contributor to core initiatives like the Ethereum 2.0 beacon chain and sharding research. She also earned respect as a community builder by organizing Ethereum developer events in Taiwan.

Tomasz Stańczak, meanwhile, is best known as the founder of Nethermind, one of Ethereum’s major software clients, which he grew from a small project into a global blockchain infrastructure company​. Stańczak’s expertise in engineering and talent development is expected to strengthen the Foundation’s technical teams, and he’s even in the process of stepping down as Nethermind’s CEO to focus on this new role​.

This leadership restructuring is a shift from Ethereum’s earlier setup, where decision-making often centered on a few figures like Miyaguchi and even Ethereum creator Vitalik Buterin. Buterin, who had hinted that changes were coming, took to social media platform X to publicly congratulate Wang and Stańczak on their appointments.

In practical terms, the new directors are expected to double down on technical R&D (like scaling improvements and protocol upgrades) and nurture the developer community, all while keeping Ethereum’s ethos of a permissionless and censorship-resistant financial platform intact.

ETH is currently trading at $2,239. Chart: TradingView

Price Action More Bearish Than Bullish

Ethereum’s market performance has been on a full decline in recent weeks, which is an extension of its underperformance in the current market cycle. After a strong start to the year when the ETH price surged to about $3,700 in early January, the momentum has been of a decline for the past two months.

Notably, ETH’s lack of a bullish price momentum has been aggravated by Bitcoin’s price crash in the past week, which has flowed into the altcoin market. This fall in the price of Ethereum has been accompanied by a decline in on-chain activity and sentiment reaching a 12-month low.

Related Reading

Transaction volumes in late February dropped about 15%, to roughly $12 billion per day, the lowest in two months, while the number of active Ethereum addresses fell by 10% over the same period​.

At the time of writing, Ethereum is trading at $2,210 and is at risk of breaking below $2,200 this week. 

Featured image from VOI, chart from TradingView



Source link

Related Posts

Is a Bitcoin Rally Coming? Exchange Net Flow Data Suggests So
Crypto Price Analysis

Is a Bitcoin Rally Coming? Exchange Net Flow Data Suggests So

28 March 2025
Ethereum Price Hits 300-Week MA For The Second Time Ever, Here’s What Happened In 2022
Crypto Price Analysis

Ethereum Price Hits 300-Week MA For The Second Time Ever, Here’s What Happened In 2022

28 March 2025
Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend?
Crypto Price Analysis

Investors Withdraw 360,000 Ethereum From Exchanges In Just 48 Hours – Accumulation Trend?

21 March 2025
XRP Coils For A Breakout, But Key Resistance Still Stalls The Rally
Crypto Price Analysis

XRP Coils For A Breakout, But Key Resistance Still Stalls The Rally

18 March 2025
Chainlink Price Shows Signs Of Recovery — Why  Is The Level To Watch
Crypto Price Analysis

Chainlink Price Shows Signs Of Recovery — Why $15 Is The Level To Watch

15 March 2025
BNB Bulls Take Charge: Price Rebounds Strongly After Recent Dip
Crypto Price Analysis

BNB Bulls Take Charge: Price Rebounds Strongly After Recent Dip

11 March 2025

[convertful id="153816"]

by CurrencyRate.Today
  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Preferences
{title} {title} {title}