Former Ethereum Foundation member Trent Van Epps warned on Thursday that Ethereum (CRYPTO: ETH) faces a critical funding gap within 3 to 9 months.
Why The Foundation Is Pulling Back On Purpose
Van Epps, who spent five years at the Ethereum Foundation before recently stepping away, explained in an interview with Coindesk that the organization is deliberately pushing legitimacy and funding power out into the broader ecosystem rather than holding onto it.
The Foundation’s treasury, built from the network’s earliest days, has funded critical shared resources like client development and the move from proof of work to proof of stake, but that treasury is shrinking by design.
Core development funding needs sit at roughly $30 million per year, a small figure against Ethereum’s $200 billion market cap and the trillions in stablecoin settlement the network handles.
