Ethereum Faces Leadership Challenges: Lido Co-founder Proposes Second Foundation
A new wave of criticism toward the leadership of the Ethereum Foundation has resulted in the co-founder of Lido, Konstantin Lomashuk, proposing a “Second Foundation” to settle community concerns. Therefore, some key issues are leadership change calls, centralization fears, and dissatisfaction with the road map holding a roll-up-centric position. Meanwhile, the price of Ethereum is poised for a 20% rally if it can break through the important resistance levels at $3,550 and $3,770, with support firmly held at $3,216. More buzz comes in as Donald Trump’s World Liberty Financial has staked 10,000 ETH, putting it in the top 0.1% stETH holders, marking growing interest in Ethereum’s staking ecosystem. KEY LOOKOUTS • Lido’s co-founder suggests a spin-off organization to address Ethereum community concerns, focusing on leadership changes, decentralization, and roadmap adjustments for improved scalability. • Ethereum’s price could surge 20% if it overcomes critical resistance levels near $3,550 and $3,770, backed by strong support at $3,216. • Donald Trump’s World Liberty Financial has entered the top 0.1% stETH holders by staking 10,000 ETH, signaling growing confidence in Ethereum’s staking protocol. • While the Second Foundation proposal gains traction, some members question its necessity, urging a balance between existing Ethereum Foundation goals and broader ecosystem representation. The Ethereum ecosystem is at a critical juncture, with growing calls for leadership changes within the Ethereum Foundation prompting Lido co-founder Konstantin Lomashuk to propose a “Second Foundation” to address decentralization and roadmap concerns. While this initiative is meant to promote wider community representation, it has elicited mixed reactions, with some questioning its necessity. Meanwhile, Ethereum’s price is promising, trading near $3,260 with a potential 20% rally if key resistance levels at $3,550 and $3,770 are breached. Adding to the momentum, Donald Trump’s World Liberty Financial recently staked 10,000 ETH, putting it in the top 0.1% stETH holders and showing growing confidence in Ethereum’s staking ecosystem. Ethereum is criticized by leadership as Lido’s co-founder suggests a “Second Foundation” to counter decentralization concerns. Meanwhile, ETH has the potential for a 20% rally, trading near $3,260 with staking interest growing as World Liberty Financial stakes 10,000 ETH. • The Ethereum Foundation is criticized for leadership issues and centralization, but also for their roll-up-orientated roadmap for scaling • Lido co-founder Konstantin Lomashuk proposes the need for a “Second Foundation” for better representation within the ecosystem as well as higher decentralization. • Ethereum Co-founder supports growing more organizations as representatives of portions of Ethereum the Foundation cannot fulfill. • Such a proposal led to a healthy debate, seeing it as an Ethereum bull’s call, as well as criticizing its necessity. • Ethereum may jump 20% if it breaks above the key resistance at $3,550 and $3,770, with strong support at $3,216. • Donald Trump’s World Liberty Financial staked 10,000 ETH, making it one of the top 0.1% stETH holders, which boosted confidence in Ethereum staking. • RSI and Stochastic Oscillator indicate mixed momentum, with bearish pressure still dominating but room for a potential breakout. Meanwhile, a heated community debate is centered on the fate of Ethereum with rising criticism now toward the leadership within the Ethereum Foundation. Concerns over centralization, selling activity, and a roll-up-centric scaling roadmap prompted calls for significant changes, including the resignation of Executive Director Aya Miyaguchi. In response to the debate, Lido co-founder Konstantin Lomashuk suggested a “Second Foundation” as a solution to fill these gaps and improve ecosystem representation. The co-founder of Ethereum, Vitalik Buterin, also chimed in and suggested that the Ethereum Foundation should focus on areas where it can be effective while fostering other organizations to represent the broader aspects of the blockchain network. Such a proposal is receiving mixed reactions; some welcome this step forward, while others question the necessity. ETHEREUM Daily Price Chart. Source: TradingView Prepared By ELLYANA Meanwhile, the price of Ethereum has shown some promise and traded near $3,260, with the potential to rally 20% if it breaks key resistance levels at $3,550 and $3,770. Strong support at $3,216 has held firm, and a breakout above the descending trendline could propel ETH toward the $4,100 level. Adding to the momentum, Donald Trump’s World Liberty Financial has recently staked 10,000 ETH, making it one of the top 0.1% stETH holders, highlighting growing confidence in Ethereum’s staking protocol. However, bearish pressure remains slightly dominant, as indicated by technical metrics like the Relative Strength Index (RSI) and Stochastic Oscillator, leaving the market in a critical state of anticipation. TECHNICAL ANALYSIS This brings in a technical point of view on the technicals in Ethereum, trading at about $3,260. It finds its major support at $3,216, while 100-day and 50-day SMAs work out to be strong immediate supports and resistances around $3,200–$3,550. If ETH can break past the trend line formed since 16th Dec, then one might see it take off into a 20% move. In that scenario, ETH can head to resistance at $4,100. However, relative strength index sits slightly below a neutral position still showing bear pressure, and stochastics’ oscillator is relatively above the zero line, neutral, but giving mixed momentum. Below the daily low of $2,817 cancels the Bullish thesis hence $3,000 psychological buy level to start collecting liquidity while reversing. FORECAST There is a good possibility of an upward move if Ethereum can break above the descending trendline resistance around $3,550. A daily close above this level may open the way for a rally to $3,770 and then to $4,100, driven by increased market confidence and technical momentum. The support at $3,216 is a critical foundation for a bullish breakout, as it has held against bearish pressures consistently. Positive market sentiment, combined with ongoing staking interest, such as the recent 10,000 ETH stake by Donald Trump’s World Liberty Financial, adds to the potential for upward movement. A sustained rally may attract more investors, increasing buying pressure and driving prices toward new local highs. On the downside, Ethereum is at risk if it cannot hold above the $3,216 support level, with the next key level of interest at $3,000. A