The price of Ethereum, is back in the spotlight after new updates from the Ethereum Foundation. Vitalik Buterin and other key leaders of the foundation have shared a fresh vision to strengthen the network’s future. The announcement comes as the Ethereum price shows signs of bullish consolidation. The Ethereum Foundation Vision: Key Takeaways The Ethereum Foundation announced significant leadership changes on April 28, 2025. As part of the many transitions, Aya Miyaguchi, who had led the organization as Executive Director, has stepped into the role of President. Notably, Vitalik Buterin spoke on EF leadership change and what to expect earlier in the year. Hsiao-Wei Wang and Tomasz K. Stańczak have been named Co-Executive Directors. The move follows community pressure for more transparency and more decisive technical leadership. According to the update, the Foundation plans to focus even more on scaling Ethereum while protecting its core values under this new structure.  2/ First, from @AyaMiyagotchi and @VitalikButerin: a restatement and update on the EF’s vision, principles and values for this new era.https://t.co/kdqOMDyu2i — Ethereum Foundation (@ethereumfndn) April 28, 2025 Wang and Stańczak will focus on areas like improving Ethereum’s mainnet. In addition, they will work on boosting Layer 2 performance and creating an environment for developers to build and grow. The leadership says the goal is to keep Ethereum resilient while helping the wider community lead future developments. It is essential to add that the Foundation clarified that decentralization remains a priority. They intend to guide Ethereum price growth without taking complete control, describing their role as stewards rather than rulers. Implications For Ethereum Price The Ethereum vision shared by the protocol’s core leaders has not impressed the community, as seen in the price outlook. CoinMarketCap data shows that ETH’s price has been fluctuating. It is currently trading at $1,767.59, down 1.82% daily.  However, historical data shows that May tends to be a strong month for the Ethereum price. This is because activity always increases, often driving the Ethereum price to see a potential 30% rally. Analysts are watching closely to see if the pattern repeats. Whale investors have also made significant moves recently. According to a CoinGape report, traders holding between 1,000 and 10,000 ETH added around 10 million tokens to their holdings over the past 24 hours. It is worth noting that a new proposal, EIP 9698, could further support Ethereum’s growth by increasing the gas limit. This will allow the network to record up to 2,000 transactions per second. If this improvement moves forward, it could give Ethereum an edge over rival blockchains. Ethereum Ecosystem Updates in View Beyond price moves, the Ethereum ecosystem is expected to benefit from the Foundation’s new approach. Plans to improve developer tools, Layer 2 connections, and application support are underway. The leadership aims to make Ethereum easier for developers, improve its performance, and make it more appealing to users globally. If these goals are achieved, Ethereum could become a more dynamic and resilient platform in the years ahead. Notably, the conversations around visions for the protocol come when the ecosystem is waiting for the next major upgrade after the Dencun update. After months of development, the Ethereum Pectra upgrade is set to go live on the mainnet in May. The upgrade will bring more scaling developments to the protocol moving forward. The post Ethereum Price Reacts As Vitalik Buterin Co-Unveils Ethereum Foundation’s Vision appeared first on CoinGape.

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