The shake-up comes as Ethereum's reputation among builders has soured in recent months. Members of the broader crypto community are flocking to fast and cheap competitors like Solana, which has been quicker to accommodate the recent memecoin fervor.

Ethereum co-founder Vitalik Buterin reaffirmed his authority over the Ethereum Foundation in an X post on Jan. 21, in which he dismissed all calls for a leadership shakeup. Buterin said that the decision remains his until planned reforms to introduce a “proper board” and criticized certain crypto community members for “actively toxic to top

Vitalik Buterin, the co-founder of Ethereum, has changed his social media profile picture to a Milady NFT, marking another high-profile endorsement of the

Ethereum’s creator Vitalik Buterin announced on X today that the Ethereum Foundation (EF) is gonna have some major leadership changes.