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Ethereum faces leadership crisis; developer proposes $1B new group to secure its future.

Protocol Fundamentals
24 May 2026
Bitcoin
View Source
Neutral
pluang ai news

Ethereum is experiencing a leadership crisis after nine key figures left the Ethereum Foundation, raising concerns about its future direction. Industry voices highlight the need for stronger business focus and better tokenomics to maintain market share. Developer Dankrad Feist proposed creating a new $1 billion organization aligned economically with Ethereum to provide stable leadership and funding through staking rewards. This move aims to secure Ethereum's market position amid ongoing challenges and uncertainty.

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