• Home
  • Ethereum Foundation Names Wang & Stańczak as Directors

Ethereum Foundation Names Wang & Stańczak as Directors

Key Takeaways

The Ethereum Foundation has appointed new leadership. Hsiao-Wei Wang and Tomasz Stańczak will assume the positions of Co-Executive Directors on March 17, replacing Aya Miyaguchi. This change aims to support the continued development of the Ethereum network. Market reactions to this announcement have been muted so far.

The New Leaders of the Ethereum Foundation

Hsiao-Wei Wang brings seven years of experience as a core researcher at the Ethereum Foundation. She played a key role in the development of the Beacon Chain and helped build the Ethereum community in Taiwan. Her technical expertise and research background make her a crucial leader for the network’s future development.

Tomasz Stańczak is the founder of Nethermind and has experience in business growth and talent development. His work at Flashbots and his role in scaling Nethermind are considered valuable assets for the Ethereum Foundation. Together, Wang and Stańczak are expected to further advance Ethereum’s long-term vision.

Market Reactions Following the Announcement

Since the announcement of the new leadership on March 1, on-chain data has shown mixed signals. The number of daily active addresses slightly increased to 346,776, indicating moderate growth in user activity. At the same time, the Total Value Locked (TVL) in Ethereum-based DeFi protocols remained stable at $50.67 billion, suggesting that no significant capital inflow followed the announcement.

alert-circle
You can also find us on Telegram: Click here to follow our Telegram channel.

Open interest in Ethereum futures has also shown no strong movements. Market participants appear to be adopting a wait-and-see approach. If user activity continues to rise, it could be a positive signal for Ethereum. However, if growth stalls, investors may begin to question the platform’s competitiveness.

ETH Price Trends and Outlook

At the time of analysis, Ethereum was trading at $2,225. Following the announcement, price movements remained subdued. The Relative Strength Index (RSI) was in neutral territory, signaling neither overbought nor oversold market conditions.

The MACD indicator is showing early signs of a possible bullish signal. If Ethereum breaks the $2,300 mark, a rise to $2,500 could follow. However, if the price falls below $2,150, a decline to $2,000 may be imminent. Future developments will largely depend on market sentiment and potential momentum from the new leadership.

Our Assessment

The appointment of the new leadership at the Ethereum Foundation is a strategic move to further develop the network. Wang and Stańczak bring valuable experience that could strengthen Ethereum in the long run. However, market reactions remain cautious for now.

Whether the new leadership will have a positive impact on ETH’s price will become clearer in the coming weeks. Investors and users are closely monitoring developments. A sustained increase in user activity could be a positive signal for Ethereum’s future.

Casinos: 51
Profile Ethereum
Symbol ETH
Coin type Alt Coin
Transaction Speed Medium
Pros
  • Second largest cryptocurrency
  • Accepted in many casinos
  • High transaction speed
Cons
  • Partial bugs in smart contracts
Further practical applications
Price $1,934.82
24h % 0.38 %
7d % 0.95 %
30d % -27.29 %
60d % -44.33 %
1y % -45.02 %
Market Cap $233,047,080,514.00
Official Links
Socials Reddit | X
Best 3 Ethereum casinos

Latest News

Isabella Brown

Created by

Online Gambling, Greece and my dog Gringo are my three favorite things in my life. Before working for Kryptocasinos.com I was leading the content team of an iGaming Online magazine where I was focused on researching casinos, their licenses and the connection between the members of the industry.
Reviewed by
iGaming expert for > 10 years

Last update: March 2, 2025

kryptocasinos.com Logo Advertising transparency

We are independent, transparent and funded by revenue we generate when you sign up at a casino through us.

Our goal is to help you make better decisions when choosing a casino by offering different information, providing filters and comparison tables, and publishing objective content. Thus, we give you the opportunity to research for free, compare casinos and make your decision based on that.

We cannot guarantee that a casino that is very good for us will fit your type of player and your circumstances.

Why trust us?

We work according to transparent editorial guidelines and disclose our testing methods as well as funding. This article may contain links to our partners, but this does not influence our objective view in any way.

🍪
We use cookies. By using this site, you accept them.