The Ethereum Foundation (EF) has sold a total of 300 ETH since the start of the new year, with the latest sale involving 100 ETH for $307,893.
Blockchain analytics firm SpotOnChain reported the transaction on Jan. 27, marking EF’s third Ethereum sale of 2025. This brings the total value of ETH sold by the Foundation in January to approximately $981,200.
Market analysts have noted that these sales have contributed to downward pressure on Ethereum’s price, which has dropped over 7% in the past 24 hours amid a wider market decline. At the time of writing, ETH is trading slightly above the $3,000 level, as per CryptoSlate’s data.
Despite these sales, the Ethereum Foundation retains a substantial reserve of ETH. According to data from Arkham Intelligence, the Foundation holds 269,175 ETH, valued at $817 million.
Calls for Changes Grow
The recent ETH sales come as the Ethereum Foundation faces increasing challenges and calls for internal restructuring and innovation.
The growing popularity of rival blockchains, such as Solana, has intensified pressure on Ethereum to enhance its ecosystem and maintain its competitive edge.
Justin Sun, founder of the Tron blockchain, suggested that Ethereum should prioritize improving user experiences to attract more developers and institutions. He also proposed staking the Foundation’s assets and halting further ETH sales to stabilize the network.
Paradigm, a leading crypto research and investment firm, has also weighed in, criticizing Ethereum’s annual upgrade cycle. The firm argued that the current pace limits the network’s ability to adapt to market trends and innovate effectively.
“Accelerating Ethereum development will make permissionless innovation accessible to more people, helping pave the way for a truly global, trust-minimized financial system,” Paradigm stated.
In response to these pressures, the Ethereum Foundation has announced plans to allocate 50,000 ETH—approximately $165 million—to support its decentralized finance (DeFi) ecosystem.
Ethereum Co-founder Vitalik Buterin has pledged reforms aimed at increasing transparency and providing better support for developers. However, he has rejected calls for the resignation of Executive Director Aya Miyaguchi and denounced campaigns targeting the Foundation.
Leave a Reply