- Aya Miyaguchi leaves Ethereum Foundation CEO position to become board chair, focusing on global partnerships.
- Vitalik Buterin cites governance refresh restructuring aligns Miyaguchi’s chair role with long-term institutional strategy.
Aya Miyaguchi will transition from her role as CEO of the Ethereum Foundation to become its board chair, according to a public statement released on July 15. Miyaguchi confirmed she will retain responsibility for institutional partnerships, focusing on expanding the foundation’s global influence. This follows internal discussions about restructuring leadership roles to align with long-term goals.
Aya first shared the idea of transitioning from ED of @ethereumfndn to President a year ago.
She has accomplished much in her seven years as executive director of the EF. As I see it, the role of an ED is to create an environment where others can shine and do their best work,…
— vitalik.eth (@VitalikButerin) February 25, 2025
Vitalik Buterin described the shift as part of a broader effort to “refresh governance structures.” He emphasized Miyaguchi’s continued involvement in strategic decisions but did not name her successor. The foundation has not disclosed timelines for appointing a new CEO, though sources indicate an external candidate is under consideration.
Criticism from Ethereum community members surfaced following the announcement. Several developers and validators cited unresolved scalability challenges and perceived delays in addressing network congestion. One pseudonymous contributor stated, “Leadership changes won’t fix transaction bottlenecks without clear technical roadmaps.”
Miyaguchi’s tenure as CEO began in 2018, during which she prioritized regulatory engagement and academic collaborations. Her new role will involve coordinating with governments and enterprises to promote Ethereum-based infrastructure. ETHNews analysts speculate the reorganization aims to decentralize decision-making ahead of planned protocol upgrades.
The current price of Ethereum (ETH) is $2,412.50 USD, reflecting a 9.37% decline in the past 24 hours. Over the last week, ETH has dropped 7.75%, showing increased selling pressure. However, despite this short-term correction, Ethereum has seen a 27.8% gain over the past month, demonstrating its long-term strength.
Ethereum’s market capitalization currently stands at $290.85 billion USD, maintaining its position as the second-largest cryptocurrency by market cap. The 24-hour trading volume is approximately $46.14 billion USD, signaling high liquidity and active trading. The circulating supply is 120.57 million ETH, reinforcing its role as the leading smart contract platform.
From a technical analysis perspective, Ethereum has been fluctuating within a 24-hour range of $2,337.39 to $2,661.70 USD. The key support levels to watch are $2,350 and $2,300 USD, where buyers might step in to prevent further declines.
On the upside, resistance levels are found at $2,500 and $2,600 USD. If ETH successfully breaks through these resistance levels, it could regain momentum toward the $2,800 USD mark.
