Bankless co-founder David Hoffman posted that the Ethereum Foundation (EF) is intentionally leaving a 'power vacuum' to allow new organizational structures to emerge and influence Ethereum's future direction. He stated that the direction represented by eth labs might be the most promising future path for Ethereum and expressed continued support for its development. Previously, Hoffman publicly revealed that he had sold all his ETH, stating that the 'ETH is Money' narrative has largely played out and that the success of the Ethereum network may not necessarily be fully reflected in the price of ETH as an asset. https://(wublock123.com)/news/bankless-cofounder-shifts-support-to-eth-labs-after-eth-divestment-63283