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Vitalik Buterin just stepped up to defend the Ethereum Foundation against growing criticism. The community has been calling for EF to take a more active role in supporting ETH price action and marketing, but Vitalik made it clear thats not the mission.
He emphasized that EF is just one node in the Ethereum ecosystem, not its central command. Their focus remains on research, security, and decentralization, not price management or hype.
Heres a stat that puts things into perspective: EF holds only 0.16% of the total ETH supply. Compare that to other protocol foundations, which often hold 10% to 50%. Thats a massive difference, and it shows how lean and non-interventionist EF really is.
The criticism is heating up because ETH is currently trading more than 50% below its all-time high. On top of that, several senior team members have left EF, and network revenue took a serious hit after the Dencun upgrade in 2024.
Its a tough moment for Ethereum, but Vitalik is drawing a clear line. EF isnt here to pump the price. Its here to build the foundation for the long term. Whether you agree or not, the vision is consistent.
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