Ethereum co-founder and Consensys CEO Joe Lubin has defended the Ethereum Foundation’s recent budget cuts, leadership changes, and staff restructuring, arguing that the moves represent a necessary evolution rather than a sign of crisis for the Ethereum ecosystem.
Speaking to CoinDesk, Lubin emphasized that the Ethereum Foundation (EF) should maintain a limited and clearly defined role focused on overseeing Ethereum’s core technology and preserving its foundational values. According to him, responsibilities such as ecosystem expansion, institutional partnerships, commercialization, and adoption should be handled by independent organizations operating within the broader Ethereum network.
Lubin stressed that maintaining the Ethereum Foundation’s neutrality is essential for the long-term success of the blockchain. He explained that separating protocol development from business interests helps prevent conflicts of interest and strengthens Ethereum’s decentralized governance model.
The comments come amid ongoing discussions within the crypto community regarding the foundation’s direction. Critics have raised concerns about organizational restructuring, staff departures, and whether Ethereum has been moving quickly enough to compete with rival blockchain networks. However, Lubin believes many of these concerns stem from misunderstandings about the foundation’s intended purpose.
He noted that the Ethereum Foundation is working to clearly separate protocol stewardship from commercial activities, ensuring that Ethereum’s development remains independent and community-focused. Ethereum currently processes roughly 2 million transactions daily, highlighting the network’s continued relevance and scale.
Looking ahead, Lubin expects Ethereum’s future growth to be driven by multiple organizations rather than a single dominant entity. He envisions several major ecosystem participants taking leadership roles in specialized areas while collectively supporting Ethereum’s development and adoption.
Lubin also rejected claims that Ethereum is losing momentum. While acknowledging that artificial intelligence has recently attracted significant investor attention and capital, he argued that Ethereum remains well-positioned for future expansion. He pointed to advances in network scalability, increasing institutional adoption, and the emergence of autonomous AI agents capable of conducting blockchain-based transactions.
According to Lubin, the rise of agentic commerce and a growing human-machine economy could become major catalysts for Ethereum adoption. As these new use cases emerge, he believes the Ethereum Foundation’s renewed focus on protocol development will help ensure the network can support the next generation of decentralized applications and digital economic activity.
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