Ethereum News: Aya Miyaguchi Transitions from Executive Director to President of the Ethereum Foundation

In a significant leadership change, Aya Miyaguchi has stepped into a new role at the Ethereum Foundation, marking a new chapter for the organization.

Aya Miyaguchi Steps Down as Ethereum Foundation Executive Director, Becomes President

Aya Miyaguchi has stepped down from her role as executive director of the Ethereum Foundation to become its president. In a blog post, Miyaguchi expressed her enthusiasm for this new opportunity, which will allow her to continue supporting the Foundation`s institutional relationships and expanding its vision and culture. She decided to run for President one year ago and recent events have given her clarity about what matters to her. Miyaguchi noted that recent weeks have revealed something profound about Ethereum, with moments of tension bringing the deepest truths to light. People worldwide talk about Ethereum as if it were their own, which inspires her the most.

Ethereum Foundation Discusses Network`s Future in Reddit AMA

The Ethereum Foundation (EF) recently conducted a Reddit Ask Me Anything (AMA) session, addressing challenges around scaling, Layer 1 revenue, and security. The conversation covered leadership changes, community scrutiny, the upcoming Pectra upgrade, Ethereum’s economic model, and long-term scaling strategies. Top EF researcher Justin Drake mentioned that the first step of the two-phase Pectra update is expected to roll out in the coming months, doubling the number of “blob” transactions per block from three to six. The foundation’s security team also launched a $2 million bug bounty competition to stress test the hard fork, running until March 24.

Ethereum Price Attempts Recovery from $2,300

Ethereum price started a fresh decline from the $2,550 resistance zone and is now down over 10%. ETH is attempting a recovery wave from the $2,300 zone. The cryptocurrency is facing an increase in selling below the $2,550 zone and is trading below the 100-hourly Simple Moving Average. A short-term bearish trend line is forming with resistance at $2,500 on the hourly chart. A decent upward move could start if Ethereum settles above $2,500 and $2,550.

Ethereum Buyers Stack Up – A Sign of ETH’s Rebound?

Ethereum [ETH] has seen price turbulence recently, but investors are showing steady sentiment. The ETH cost basis distribution reveals accumulation at lower price levels, particularly around $2,632 and $3,149. These zones are creating a solid support structure, which could signal price stabilization after recent downturns.