Vitalik Buterin Plans Ethereum Foundation Overhaul, Gains Support  

• Vitalik Buterin is explaining changes in leadership at the Ethereum Foundation with optimism on decentralization, privacy, and developers’ help. 
• Ki Young Ju of CryptoQuant introduced himself as more focused on the creation of value rather than on profit, therefore he backs Buterin even if in the short term these ideas can negatively affect the market. 
• The crypto market is in a state of excitement once again as one meme coin associated with Donald Trump skyrockets, including warnings from the former CEO of Binance Changpeng Zhao. 

Ethereum co-founder Vitalik Buterin has revealed massive top-level leadership reorganization plans within the Ethereum Foundation (EF). Detailed on X (previously tweeting at Twitter), Buterin outlined an intent to build up the technical skill of employees in EF and to better interact with Ethereum builders. Also, he focused on decentralization, privacy, and, specifically, support for dApp creators. These are the steps to make the Ethereum ecosystem healthier. 

This announcement follows criticism from the community regarding EF’s past decisions. Buterin also hinted at ideological shifts, positioning the foundation for long-term growth and innovation. 

CryptoQuant CEO Joins the Conversation 

CryptoQuant CEO Ki Young Ju voiced his support for Buterin’s leadership overhaul, emphasizing the importance of prioritizing value creation over short-term financial gains. In his post on X, Ju noted that Ethereum’s price might face challenges in the short term but praised Buterin’s decision to focus on long-term value. 

“I’m with Vitalik on this one,” Ju stated, acknowledging that while $ETH could underperform, this approach reinforces the importance of building meaningful products over speculative market practices. 

Value Over Price in the Crypto Market 

Ju further stressed the need for the crypto industry to prioritize creating value rather than catering to profit-driven motives. Highlighting past failures of initial coin offerings (ICOs) in 2018, he pointed out that projects with no intrinsic value have largely disappeared. Ju contrasted these examples with Bitcoin’s success, attributing its longevity to the strong philosophy of its creators. 

According to Ju, market trends often depend on hype, particularly during bull markets. He argued that community-driven projects frequently struggle to survive during bear markets, citing the collapse of many decentralized autonomous organizations (DAOs) as an example. 

TRUMP Token Sparks Frenzy in the Market 

Meanwhile, the crypto market has been experiencing significant volatility. The launch of a new meme coin, TRUMP, linked to former U.S. President Donald Trump, has created a wave of FOMO (fear of missing out). The token surged dramatically, nearing a $75 valuation and boasting a market cap close to $15 billion.