The Ethereum Foundation (EF) is set to undergo a leadership transition as co-executive director Tomasz Stanczak announces his departure, effective at the end of February. Stanczak”s tenure, which lasted less than a year, saw significant developments within the organization, including a restructuring aimed at enhancing transparency and operational efficiency.
In a recent blog post, Stanczak reflected on his time with the EF, stating that the organization had successfully achieved several key objectives during his leadership. Following his exit, Bastian Aue will join Hsiao-Wei Wang as co-executive directors. Wang was appointed alongside Stanczak in 2025.
Stanczak expressed that his role had become increasingly limited over time, indicating that it was an appropriate moment to pass on the leadership responsibilities. He noted, “The EF is in a healthy state of an organization that can balance long-term goals and the need for change.”
Stanczak”s arrival at the EF coincided with a period of scrutiny from community members regarding the foundation”s long-term objectives and operational transparency, a challenge he addressed alongside Wang. The duo implemented various initiatives, including the launch of a security program, the introduction of a new treasury policy, and the establishment of an AI team.
Looking ahead, Stanczak highlighted plans for 2026, which include a merged roadmap from the Lean Consensus and core development teams to address quantum threats and advance agentic AI solutions.
Despite stepping down from his executive role, Stanczak intends to remain active within the Ethereum ecosystem, continuing his work as a core developer and supporting the foundation”s initiatives. He remarked, “I plan to continue working directly with founders in frontier tech, and Ethereum is one of the most exciting places to build.”
In market developments, Ethereum (ETH) recently reclaimed the $2,000 mark as it faced a broader market downturn that has left many investors in exchange-traded funds with significant unrealized losses. Onchain data indicates that while retail investors may be capitulating, larger holders, or whales, are capitalizing on the price dip.
As of now, ETH is trading at $2,055, still significantly below the 20-week Exponential Moving Average (EMA) of $2,999, a critical resistance level. This ongoing situation suggests a persistent bearish sentiment until a decisive move above the EMA is confirmed.
In the last 24 hours, the Ethereum market saw $70 million in liquidations, predominantly from longs, signaling heightened volatility. With the Relative Strength Index (RSI) at 33, the market leans towards oversold conditions, suggesting that while immediate resistance is at $2,107, support levels are identified at $1,741 and $1,524.
