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EF has no dreams
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.
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.
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