ETH Value Stays Crushed Regardless of New President at Ethereum Basis

On Feb. 25, Aya Miyaguchi introduced her transition from Govt Director to President of the Ethereum Basis (EF), a choice she made a yr in the past.

“These previous few weeks have illuminated one thing profound about Ethereum — a reality that turns into clearest in moments of pressure when debates come up over the community’s efficiency or ETH’s market worth,” she mentioned.

She added that groups and people throughout the globe have been talking of Ethereum as if it had been their very own, however this pressure is the place the best power lies:

“Ethereum belongs to everybody exactly as a result of it belongs to nobody.”

As we speak, I’m excited to show the web page and share that I shall be closing this chapter as Govt Director of the @ethereumfndn quickly and getting into a brand new position as its President.

Let’s proceed constructing within the backyard.

Learn my full assertion :https://t.co/sn3Rpsatqy https://t.co/4Gz3WdLPLD

— Aya Miyaguchi (@AyaMiyagotchi) February 25, 2025

New EF President

She emphasised Ethereum’s core philosophies, which embrace decentralized possession, a “Tempo Layering” framework, and credible neutrality. She additionally reiterated the Basis’s position: It doesn’t management all domains however works to establish gaps and uphold Ethereum’s core values.

Ethereum co-founder Vitalik Buterin congratulated Aya, including that the position of the chief director is to create an setting the place others can shine and do their finest work:

“So each success of the EF – the regular execution of Ethereum arduous forks, consumer interop workshops, Devcon, Ethereum’s tradition and steadfast dedication to its mission and values, and extra – is partially a results of Aya’s stewardship.”

Miyaguchi mirrored on her seven-year journey with EF, noting how Ethereum has grown from having fewer voices to turning into a various ecosystem that grows “like a backyard, strengthened by its biodiversity.”

Tensions escalated on the EF in January when there was backlash towards Miyaguchi and accusations of inefficiencies throughout her tenure. Buterin asserted his authority, however some core builders, akin to Eric Connor, jumped ship and have since began fuelling extra damaging sentiment towards Ethereum.

ETH Value Hammered

These tensions have been amplified by the underlying asset’s dire efficiency in current months. Regardless of Bitcoin reaching a file peak in 2025, Ethereum received nowhere close to its all-time excessive and stays 50% down from it, wallowing on the similar value ranges it was at the moment final yr.

Extra not too long ago, ETH tanked to $2,337 within the newest crypto market rout, its lowest value since early November, wiping out all post-US election beneficial properties.

The asset is presently hovering slightly below $2,500 and has misplaced 25% because the starting of this yr regardless of the bullish fundamentals akin to a possible staked Ether ETF, purchases by the Trump household DeFi platform, and the upcoming Pectra improve.