<img src="https://cryptoslate.com/wp-content/uploads/2025/01/ethereum-dump.jpg” />
The ethereum Foundation (EF) has continued its eth sales by selling 100 eth for $307,893.
This transaction, <a target="_blank" href="https://x.com/spotonchain/status/1883807740897968294″>reported on January 27 by blockchain analysis firm SpotOnChain, marks the Foundation's third ethereum sale in 2025.
In total, EF sold 300 eth, valued at approximately $981,200, during the first month of the year.
Market watchers noted that the Foundation's actions have added pressure to the price of ethereum, which fell more than 7% in the last 24 hours amid a broader market decline. At press time, eth was trading just above the $3,000 mark, according to CryptoSlate data.
Despite this, the Foundation holds significant reserves of eth. According to Arkham Intelligence data, the organization holds 269,175 eth, valued at $817 million.
Calls for changes are growing.
The recent sales come as the ethereum Foundation faces significant challenges as calls for innovation and internal restructuring grow.
The rise in popularity of rival blockchains, such as Solana, has amplified ethereum's need to improve its offerings and innovate within its ecosystem to maintain its advantage against these emerging competitors.
Justin Sun, founder of the Tron blockchain, proposed that ethereum focus on improving user experiences to attract developers and institutions. He also suggested staking the Foundation's assets and refraining from further eth sales to stabilize the ecosystem.
Paradigm, a leading cryptocurrency research and investment company, has <a target="_blank" href="https://www.paradigm.xyz/2025/01/ethereum-acceleration-1″>echoed the need for change. The firm maintains that ethereum's annual upgrade schedule limits its ability to innovate and respond to market trends effectively.
According to the firm:
“Accelerating the development of ethereum will make permissionless innovation accessible to more people, helping pave the way for a truly global, trust-minimized financial system.”
In response to growing pressure, the ethereum Foundation announced plans to <a target="_blank" href="https://x.com/icebearhww/status/1881413731780821405″>assign 50,000 eth (approximately $165 million) to support its decentralized financial ecosystem.
ethereum co-founder Vitalik Buterin also promised reforms to increase transparency and better support developers.
However, it rejected calls for CEO Aya Miyaguchi to resign and denounced campaigns targeting the Foundation.