In the past few days, the reversal news of Ethereum ETF seems to have completely changed the market's judgment on its fundamentals. Analysts who had been pessimistic before made a 180-degree turn in one day. With the official approval of the ETF, ETH almost broke through the $4,000 mark this morning, but behind the price climax, the Ethereum Foundation has come to a crossroads.

Since last year’s Montenegro EDCON, the industry’s dissatisfaction with the Ethereum Foundation has begun to manifest. The organization seems to have entered a mid-life crisis, and has fallen into trouble in terms of structure, efficiency, and culture. With the resurgence of Solana, the decline has become apparent. After ETH officially became a global asset, the Ethereum Foundation seems to have become the biggest burden of this ecosystem.