Ethereum Foundation's Shift in Strategy Sparks Optimism

According to Odaily, Dragonfly Capital partner Hasseb Qureshi shared insights on X following his attendance at the ETH SF conference, expressing increased optimism about Ethereum's future. After meeting with several members of the Ethereum Foundation (EF), Qureshi noted a newfound urgency and consensus within the EF, recognizing the need for change. Unlike the situation in 2020, the EF is aware of the necessity to maintain Ethereum's significance in the blockchain space. The foundation is actively gathering feedback from investors and developers, contemplating strategies to replicate the success of Solana Superteam within the Ethereum ecosystem. There is a noticeable shift from focusing on research and academia towards capital building and entrepreneurial endeavors. Despite facing criticism, Ethereum's leadership is attentive and considering how to adapt effectively. Qureshi concluded with a positive outlook, stating, "I am now bullish on ETH."