Ethereum (ETH)

At least 8 senior people have left the Ethereum Foundation in 2026

5 of them just in May

Co-ED Tomasz Stańczak lasted 11 months. Dankrad Feist left for a Stripe-backed competing L1.

They also unstaked $48.9M in ETH in April

Don’t care what you say, that ain’t normal 🤨

I usually refrain from commenting on the current thing of the day because it’s almost always rage bait. But since everyone seems to be saying they’re bearish on the direction of the EF, I’ll say the opposite, I’ve truly never been more bullish. There is now a very clear direction

The Ethereum Foundation is doubling down on what it uniquely should be doing: making the entire Ethereum experience, from the protocol to wallets to middleware to apps, maximally self-sovereign, private, secure, resilient, and easy to use

The cypherpunk vision is building systems that can’t be evil, not just today, but decades from now when incentives, leadership, and the world itself have changed. What makes Ethereum unique is that it’s still actually trying to fulfill that original vision, building a global consensus system with the properties the original cypherpunks would have wanted. And the EF is here to help defend and strengthen that path

That also means positioning Ethereum where it actually belongs, alongside the broader