The shake-up comes as Ethereum's reputation among builders has soured in recent months. Members of the broader crypto community are flocking to fast and cheap competitors like Solana, which has been quicker to accommodate the recent memecoin fervor.

Vitalik Buterin, the co-founder of Ethereum, has changed his social media profile picture to a Milady NFT, marking another high-profile endorsement of the

Ethereum’s creator Vitalik Buterin announced on X today that the Ethereum Foundation (EF) is gonna have some major leadership changes. According to Buterin, the Ethereum Foundation has actually been under restructuring for almost a year,