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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InIn a move reflecting the network's commitment to decentralization principles, Vitalik Buterin confirmed that his personal influence on the Ethereum Foundation board will continue to shrink. According to reports, the foundation plans to reduce its ETH sales and focus on a narrower, more specific strategic mission. These structural changes aim to address community concerns regarding selling pressure and to foster governance independence from its founding figures.
These shifts occur as the foundation faces scrutiny over asset sale transparency, while market data shows Ethereum maintains its position as the second-largest cryptocurrency despite rising competition from networks like Solana and Cardano. Compared to previous quarterly sell-offs tracked by analysts, the new direction to limit liquidation could mitigate price volatility caused by large-scale institutional selling.
Regarding price action, ETH traded within a consolidation range as of the close on May 24, 2026. Traders are closely monitoring the global economic calendar, including Canada's inflation data and upcoming speeches from U.S. Fed officials on May 19, which historically impact risk appetite across digital asset markets.
Update: In a further clarification of the foundation's fiscal policies, Vitalik Buterin revealed that the Ethereum Foundation holds less than 1% of the total circulating ETH supply. This quantitative disclosure on May 25, 2026, aims to bolster confidence in the network's decentralization and address criticisms regarding wealth concentration or the foundation's disproportionate market influence.
Update: In a further clarification of his commitment, Buterin revealed that 90% of his personal net worth is held in ETH, mitigating concerns regarding his financial decoupling from the project. He also advocated for the Ethereum Foundation to evolve into a leaner organization, focusing strictly on the unique technical properties that differentiate the network from its competitors.
Update: Recent data reveals that the Ethereum Foundation holds less than 1% of the total circulating ETH supply, a stark contrast to other protocols where foundations control between 10% and 50% of their tokens. According to reports, these figures bolster the foundation's case for decentralization and reduce concerns regarding institutional control over the network's supply.
Update: In a further clarification to dispel centralization concerns, Buterin revealed that the Ethereum Foundation currently holds less than 1% of the total circulating ETH supply. He noted that this figure is significantly lower than that of other blockchain protocol foundations, which typically maintain holdings of their native tokens ranging between 10% and 50%.