Ethereum (ETH) Price Remains at March 2023 Levels Despite Community Activity and Internal Changes

Despite community activity and changes within the Ethereum Foundation, there has been no major breakout.

YEREVAN (CoinChapter.com) – Ethereum price continues to stay at March 2023 levels, trading nerr $1,600 on Thursday. Despite community activity and changes within the Ethereum Foundation, there has not been a major breakout.

As fear, uncertainty, and doubt (FUD) persists online, some developers have left the network in 2025, leading to speculation about leadership issues within the Ethereum Foundation. Still, the network supports decentralized applications, stablecoins, real-world asset tokenization, and DeFi systems.

Among those discussing the changes, David Hoffman from Bankless stated on Friday that “the Ethereum ship is slowly turning around.” According to him, the shift began more than six months ago.

Hoffman's comment comes as Ethereum faces internal restructuring and attempts to improve scaling. Uniswap founder Hayden Adams has also joined the public discussion, focusing on Ethereum scaling and the ongoing roadmap debate. At the same time, the Ethereum Foundation has added new leadership roles.

The foundation experienced leadership issues earlier in the year, with some developers departing and FUD circulating on social media.

Highlighting six areas of internal change, Hoffman specified that the foundation has taken a more active role by naming new co-executive directors. Additionally, there is now broader participation in roadmap talks.

Hoffman noted that Ethereum is opening up its “Ivory Tower” by including more voices in decision-making. As such, the community is being engaged in interoperability and better integration between layer-1 and layer-2 networks. Finally, roadmap cycles have become shorter, with a faster pace for protocol upgrades.

Ansgar Dietrichs and Dankrad Feist, researchers at the Ethereum Foundation, confirmed in a recent podcast that the group is trying to help coordinate these changes.

“Parts of the Ethereum community have been pushing for this shift, while others have been resisting it,” said Hoffman.

“Ethereum is a big tent that holds space for many different voices.”

Further discussing Ethereum scaling, Adams said in a separate post that he is "all for scaling improvements to L1."

According to him, the rollup-centric roadmap actually requires it. However, he believes that Ethereum should not rely solely on layer-1 for DeFi support, especially when other platforms like Solana offer strong scaling models.

Instead, Adams suggested that Ethereum should stick to its existing rollup-centric layer-2 scaling approach. According to him, switching between strategies could create uncertainty.

“People need to pick a lane and attempt to mitigate the risks associated with it vs scrambling to shift narratives and

operability.

Finally, Adams disagreed with the idea of using every possible scaling solution. According to him, doing everything at once could cause more problems than staying on a single path.

“Just do every approach’ is probably the only thing worse than not picking an approach.”