Ethereum enters its second decade after a year of upheaval at the foundation
Few periods in Ethereum’s 11-year history have brought as much change, from leadership shakeups at the Ethereum Foundation to institutional adoption, as the past year has.
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Summary
- Ethereum’s 11th year was defined by a dramatic transformation of the Ethereum Foundation, with leadership departures, layoffs, a new CROPS mandate, and the spinout of EthLabs, Ethereum Systems, and Ethereum Institutional as the organization sought to decentralize its own role in the ecosystem.
- Despite the internal overhaul, Ethereum continued advancing technically and institutionally, rolling out the Fusaka upgrade while attracting deeper Wall Street adoption through BlackRock, JPMorgan, growing tokenized assets, and more than $11.23 billion in cumulative inflows into U.S. spot Ethereum ETFs.
