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What’s going on with Ethereum?
【Plain Language Guide】This article, written by Pavel Paramonov, provides an in-depth analysis of the survival crisis facing Ethereum in 2026. The author points out that Ethereum’s core “centralized aggregation” roadmap has essentially failed due to excessive pursuit of technological ideology, serious internal conflicts, and misaligned interests.
The article bluntly states that Ethereum is falling into “self-consumption” due to a lack of clear direction, talent drain, and neglect of user needs, and calls for the Ethereum Foundation to undertake radical reforms and rapid iterations to break free from blind faith and restore ecological attractiveness.
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