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COINTURK NEWS > Ethereum (ETH) > Ethereum Foundation Empowers Network with Key Updates and Leadership Changes
Ethereum (ETH)

Ethereum Foundation Empowers Network with Key Updates and Leadership Changes

In Brief

  • Ethereum Foundation announces key updates and leadership changes to strengthen the network.

  • New tools and strategies aim to enhance developer efficiency and network scalability.

  • Upcoming Pectra update expected to improve speed and efficiency in the Ethereum ecosystem.

İlayda Peker
İlayda Peker 2 weeks ago
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The Ethereum $2,549 Foundation is making headlines with new updates aimed at strengthening the network’s future. The Foundation announced steps to enhance the scalability of the Ethereum network in line with significant leadership changes and technical improvement plans. These developments are considered likely to impact the network’s price volatility and market expectations.

Contents
Ethereum News Ecosystem Updates

Ethereum News

On April 28, 2025, it was announced that Aya Miyaguchi transitioned from her previous managerial role to the presidency. Additionally, Hsiao-Wei Wang and Tomasz K. Stańczak were appointed as new Co-Managers. These appointments were made in response to the community’s increasing expectations for transparency and technical governance. Foundation officials expressed their intention to enhance the network’s resilience through scalability efforts while preserving Ethereum’s core values.

In the cryptocurrency market, Ethereum’s price remains volatile. Current data shows that ETH’s price is still below $2,000. While investors are tracking price movements, improvements in the network’s technical infrastructure are seen as promising developments.

Significant movements by large investors and millions of tokens added to whale wallets are attracting attention in the market. Additionally, the new proposal EIP 9698, which suggests raising the gas limit, could significantly boost the network’s transaction capacity. This development may contribute to Ethereum gaining an advantage over competing blockchains.

Ecosystem Updates

The Ethereum ecosystem is planning improvements to tools for developers, strengthening Layer 2 connections, and increasing application support. The new structure aims to enable developers to create more efficient infrastructure on the network.

Furthermore, the Pectra update is in preparation for deployment to the main network in May. This update is expected to bring significant advancements in scalability, speed, and efficiency for Ethereum.

The current restructuring and new strategies are seen as significant in shaping Ethereum’s future technical developments and the overall dynamics of the ecosystem. Managers stated that they will continue their efforts to create a transparent structure, moving away from centralization.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 29 April, 2025 - 1:21 am 29 April, 2025 - 1:21 am
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