Ethereum Foundation cuts and departures aren't a crisis, Joe Lubin says

The Consensys leader told CoinDesk the Ethereum Foundation's role should be narrower and more focused on stewarding the network's core technology and values. What to know : Ethereum co-founder Joe Lubin rejected criticism of the blockchain foundation's recent budget cuts, staff departures and restructuring, arguing the changes are meant to keep the foundation focused on Ethereum's core technology and neutrality rather than commercialization. Lubin said Ethereum's future will be driven by a broader ecosystem of organizations handling adoption and institutional engagement, while emerging trends like AI-powered "agentic commerce" could drive the network's next wave of growth.