The Ethereum Foundation has unveiled a new governing body with co-founder Vitalik Buterin. Its two main goals are to guide the foundation's work toward achieving maximum use of Ethereum while maintaining decentralized operations and network sustainability.

Buterin is prioritizing expanding the use of Ethereum (ETH), which he plans to do by allowing developers to build a wide range of applications on the blockchain.

Buterin's second strategic goal is related to sustainability - the network requires additional efforts to increase decentralization and strengthen security measures. The foundation will address vulnerabilities that the network structure faces and that threaten its reliability in the future.

The change in approach to the development of the Etherem ecosystem is due to the fact that the Foundation has come under heavy criticism due to practices that raise questions among the community. The new leadership aims to address the Foundation’s current issues by establishing technical expertise as an organizational standard.

Along with the new initiatives, market sentiment towards Ethereum has improved . In particular, expectations are growing that the ETH price will soon exceed the $2,000 level and return to an upward trajectory. At the same time, it is obvious that this rise will be supported by the positive dynamics of Bitcoin.