🚨 JUST IN: Top Ethereum researcher William Mougayar slams critics who claim the Ethereum Foundation is failing to pump ETH, saying the group isn't supposed to be a 'pump and dump' operation.
Ethereum's growth has led to increased scrutiny of the Ethereum Foundation's role, with many expecting it to be a driving force behind the price of ETH or to lure institutions into the space. However, Mougayar argues that's a misfiring narrative, and that the Foundation was never intended to act as a market influencer or a hub for institutional investment, which is where $RON and other DeFi projects have seen success.
In fact, Mougayar claims that critics are judging the Ethereum Foundation by the wrong standard, ignoring its stated mission to drive adoption and innovation in the space. By focusing on the price of ETH or the number of institutions invested, they're missing the point of what the Foundation is trying to achieve.
The impact of this revelation is clear: we need to redefine what succ