Ethereum Foundation faces pressure as it continues 100 ETH sales amid market drops
The Ethereum Foundation (EF) has continued its ETH sales by selling 100 ETH for $307,893.
This transaction, reported on Jan. 27 by blockchain analytics firm SpotOnChain, marks the Foundations third Ethereum sale of 2025.
In total, EF sold 300 ETH, valued at roughly $981,200, during the first month of the year.
Market observers noted that the Foundations actions have added pressure to Ethereums price, which dropped by more than 7% in the past 24 hours amid a broader market decline. As of press time, ETH was trading just above the $3,000 mark, according to CryptoSlates data.
Despite this, the Foundation holds significant ETH reserves. According to Arkham Intelligences data, the organization owns 269,175 ETH, valued at $817 million.
Calls for changes grow.
The recent sales come as the Ethereum Foundation navigates significant challenges as calls for innovation and internal restructuring grow louder.
The rise in popularity of rival blockchains, like Solana, has amplified Ethereums need to enhance its offerings and innovate within its ecosystem to maintain its edge against these emerging competitors.
Justin Sun, Trons blockchain founder, proposed that Ethereum focus on improving user experiences to attract developers and institutions. He also suggested staking the Foundations assets and refraining from further ETH sales to stabilize the ecosystem.
Paradigm, a leading crypto research and investment firm, has echoed the need for change. The firm argues that Ethereums annual upgrade schedule limits its capacity to innovate and respond to market trends effectively.
According to the firm:
Accelerating Ethereum development will make permissionless innovation accessible to more people, helping pave the way for a truly global, trust-minimized financial system.
In response to mounting pressure, the Ethereum Foundation announced plans to allocate 50,000 ETHapproximately $165 millionto support its decentralized finance ecosystem.
Ethereum Co-founder Vitalik Buterin has also promised reforms to increase transparency and better support developers.
However, he has rejected calls for Executive Director Aya Miyaguchis resignation and denounced the campaigns targeting the Foundation.
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Text source: CryptoSlate
