<div id="readability-page-1">Ethereum co-founder Joe Lubin said the Ethereum Foundation’s recent budget cuts, staff departures and restructuring are a necessary evolution, not a crisis. According to CoinDesk, the Consensys CEO argued the foundation should narrow its role to stewarding Ethereum’s core technology and values and remain “credibly neutral,” while other organizations handle adoption, institutional engagement and commercialization. Lubin also said Ethereum is “not on the decline” and pointed to AI-driven “agentic commerce” and growing institutional use as potential drivers of the next wave of growth.</div>

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<p>Ethereum co-founder Joe Lubin stated that the Ethereum Foundation's recent budget cuts, staff departures, and restructuring represent a necessary evolution rather than a crisis. He argued the foundation should focus on stewarding core technology while remaining neutral, allowing other entities to handle adoption and commercialization. Lubin emphasized that Ethereum is not declining, citing AI-driven agentic commerce and growing institutional use as key drivers for future growth.</p>

Joe Lubin says Ethereum Foundation cuts and departures are not a crisis