Aya Miyaguchi is resigning from her position as Executive Director of the Ethereum Foundation to take on the role of president. This change comes amid a leadership overhaul within the nonprofit organization, which has faced challenges in attracting new developers and has seen a decline in the popularity of the Ethereum blockchain.

Some industry analysts have suggested that the underperformance of Ethereum’s token price may be linked to Miyaguchi’s leadership. In a recent blog post, she reaffirmed her commitment to enhancing the foundation’s institutional relationships and broadening its vision and culture.

Having joined the Ethereum Foundation in 2018, Miyaguchi has played a crucial role in its operations. The co-founder of Ethereum acknowledged her contributions, highlighting the foundation’s achievements during her tenure, which include:

• Successful hard forks
• Community initiatives

Established in 2014, the Ethereum Foundation is dedicated to the advancement of the Ethereum blockchain.

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