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Ethereum Backers Respond to Critics: ‘Markets Will Catch Up’

Summary by Coin Desk
TORONTO — Ethereum just completed its most significant upgrade in more than a year, but the milestone comes after a turbulent stretch for the blockchain. The price of ether (ETH) has declined, developers have migrated to rival platforms, and the Ethereum Foundation — a nonprofit steward of the project — has faced criticism for a lack of coordination and vision.Speaking on a panel at CoinDesk’s Consensus conference in Toronto, Paul Brody — global…

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Coin Desk broke the news in Manila, Philippines on Friday, May 16, 2025.
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