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    Ethereum Foundation’s new leaders – How ETH reacted to the news

    Yeek.ioBy Yeek.ioMarch 2, 2025No Comments3 Mins Read
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    • The Ethereum Foundation welcomed new leadership to guide its next phase of growth.
    • Danny Ryan has joined Etherealize to help drive global adoption and expand Ethereum’s reach.

    The Ethereum Foundation has announced major leadership changes that could reshape the future of the network.

    On the 17th of March, Hsiao-Wei Wang and Tomasz Stańczak will step into the role of co-Executive Directors, replacing former Executive Director Aya Miyaguchi.

    This shift in leadership marks a strategic effort to strengthen Ethereum’s growing ecosystem and guide the project through its next phase of development.

    Will this new leadership help Ethereum [ETH] regain momentum and solidify its place at the forefront of the crypto space?

    Meet Ethereum’s new co-executive directors

    The Foundation’s new leadership team brings a mix of experience and expertise.

    Hsiao-Wei Wang, who has spent seven years as a core researcher at the Foundation, has contributed to key initiatives such as the beacon chain and has played an important role in building Ethereum’s community in Taiwan.

    Her in-depth knowledge of Ethereum’s research and development process, along with her understanding of the project’s core values, positions her to help guide Ethereum’s ongoing development.

    “This new leadership structure marks an exciting new chapter in the Foundation’s evolution as we continue to support a growing Ethereum ecosystem.”

    Tomasz Stańczak, the founder of Nethermind, brings experience in organizational growth and talent development.

    His leadership at Flashbots and his role in scaling Nethermind are seen as valuable assets to the Ethereum Foundation as it looks to strengthen its internal operations.

    Together, Wang and Stańczak will work to advance Ethereum’s ecosystem in a way that aligns with the Foundation’s long-term vision.

    What has changed since the leadership announcement?

    ethereum

    Source: Santiment

    Since the Ethereum Foundation’s leadership change on the 1st of March, on-chain activity has shown mixed signals. Daily active addresses saw a slight uptick, reaching 346,776, reflecting a moderate increase in user engagement.

    However, Total Value Locked (TVL) across Ethereum-based DeFi protocols has remained stable at $50.67 billion — no immediate influx of capital following the announcement.

    ethereumethereum

    Source: DeFiLlama

    Open Interest in Ethereum Futures also remained steady, so it is becoming evident that there is a wait-and-see approach among traders.

    While the leadership shift was positioned as a growth catalyst, the data suggests market participants have yet to react decisively.

    If engagement continues to rise, Ethereum could see renewed bullish momentum. However, if stagnation persists, investors may reassess Ethereum’s competitive position in the evolving landscape.

    ETH price outlook

    Ethereum was trading at $2,225 at press time; post-announcement, price action has remained relatively muted, struggling to break key resistance levels.

    ethereumethereum

    Source: Coinalyze

    The RSI hovered near neutral territory, indicating neither overbought nor oversold conditions. Meanwhile, the MACD indicator flashed early signs of a potential bullish crossover, hinting at upward momentum.

    A break above $2,300 could signal further upside toward $2,500, but failure to hold support at $2,150 might lead to a retracement toward $2,000.

    The market remains in a consolidation phase, with Ethereum’s next move likely to be dictated by broader sentiment and further signals from the new leadership.

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