- Shiba Inu’s Layer-2 solution on Ethereum processed over 800 million transactions, showcasing its growing impact in the crypto space.
- The Ethereum Foundation has sold 200 ETH in 2025, reigniting discussions on its financial strategy and the role of staking vs selling.
- Shytoshi Kusama has reached out multiple times to Vitalik Buterin, seeking support for global adoption of SHIB in the crypto market.
Shiba Inu leader, Shytoshi Kusama, has once more requested for a conversation Ethereum co founder Vitalik Buterin. After Ethereum Foundation (EF) co founder Vitalik Buterin called for restructuring of the Ethereum Foundation, Kusama made this request. He intends to talk about the future of SHIB and get the Ethereum Foundation’s support for its global adoption.
Kusama also pointed to SHIB’s achievements, as it is the leading altcoin on Ethereum and the Layer-2 solution that has already processed more than 800 million transactions. The Shiba Inu community wants to grow its presence globally and thinks that endorsement from Ethereum’s management will go a long way in realizing this goal. Kusama has requested and received attention, but Buterin has not replied to Kusama even after several attempts.
Focus on Developer Support and New Talent
Vitalik Buterin posted on X that the Ethereum Foundation is undergoing a leadership reorganization to enhance technical capacity and communication with the community. The intention is to provide better support for app developers, attract new talent, and increase the speed of the foundation’s operations.
However, Buterin noted that the Ethereum Foundation would not take a stand on political lobbying and would not support certain agendas. These are Ethereum’s foundational principles, and the foundation remains dedicated to decentralization and open-source development. Buterin said that the EF will support developers without taking sides, neither supporting political nor regulatory agendas.
Controversy Over Ethereum Foundation’s ETH Sales
Meanwhile, the Ethereum Foundation has faced criticism for selling its ETH holdings, raising community concerns about managing its resources. In January, the EF sold 200 ETH worth approximately $672,000. Critics argue that the foundation should focus on staking its ETH to generate yields, aligning with Ethereum’s long-term goals.
Buterin addressed these concerns, stating that regulatory pressures and potential hard forks influenced the decision to sell rather than stake ETH. He assured the community that the EF is exploring staking options, but these efforts are still in the early stages. Blockchain analysts have suggested that the foundation consider over-the-counter (OTC) trading for future sales to avoid public scrutiny and reduce negative perceptions regarding its financial management.
These developments occur as the Ethereum Foundation works toward decentralizing its leadership to improve the Ethereum ecosystem’s overall health. The foundation remains committed to supporting developers and app builders, central to Ethereum’s vision of an open and decentralized platform.
