Some recent ETH developer developments and community news indicate that Ethereum may face challenges in the short term.

The Ethereum Foundation and co-founders have been criticized for frequently selling coins. In addition, the important developer responsible for The Merge recently left, bringing some uncertainty to the project.

Meanwhile, at last month’s core developer meeting, the upcoming Pectra hard fork upgrade was discussed. Due to technical difficulties, the upgrade will be carried out in two stages, with the first expected to be completed in early 2025, but major functional improvements will be left for the second stage.