Tom Lee dismissed warnings that Ethereum’s main developer could face a financial crisis within nine months. “Zero chance” of a problem, according to him.
The comments come as pressure builds on the Ethereum Foundation, where key employees are leaving, and long-term funding concerns are growing. A former developer who helped build Ethereum’s largest external vehicle now says that major development costs around $30 million a year.
What Sparked the Fear of Ethereum Coins
Trent Van Epps, who has spent five years coordinating funding for the Ethereum Foundation, warned that development could enter a slow-burn crisis within 3 to 9 months.
He wrote two sources of construction at the same time:
- The Client Incentive Program, a four-year program that paid client groups from higher fees, ended in April without a successor.
- The base rotates separately annual income Treasury from 15% to 5% for the first five years, a process that was implemented by June 2025. process.
The warning carries weight because Van Epps also founded the Protocol Guild, a major fundraising vehicle outside of the Foundation.
It places the project’s tokens on the developer’s list and asks the projects to contribute 1% of their contribution, an amount that helps to encrypt the network. client groups and researchers.
Base Departure Increases Depression
The chaos reaches the surface. Hsiao-Wei Wang, who wrote the financial plan, stepped down as chief executive on June 18, a few months after his colleague Tomasz Stańczak left in February.
“After my weekend, I have decided to step down as a director and board member of the Ethereum Foundation today,” Wang said. he said.
All the chairs of the same director are now turned this year.
At least eight officials have left in the past five months, sparking controversy foundation movements.
Board member Bastian Aue is working on a temporary basis, while researcher Dankrad Feist arrested losses to managers, not methods.
“The problem is not with the strategy, but with the management. And this departure of talent is easy for Ethereum, unfortunately.”
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Why Tom Lee Doesn’t See Problems
Lee leads BitMine Immersion Technologies, and The lowest price of Ethereum Treasury shareswho they hold more than 5 million ETH and is targeting a target of 5% of the total supply.
This position suggests that profit-seekers, not the Foundation, are the ones who will pay back the network. He to be invited emits a short sound.
“In my opinion, there is no chance of this ‘crisis’ happening in $ETH zero ‘secure currency'”
Bulls adds that independent client groups, as well as Van Epps himself of the Protocol Guild, maintain a large operation independent of the Foundation.
Skeptics are not satisfied. Investor Virtual Bacon they argued that the layer-1 network usually dies due to lack of funds but stalls when the builders stop building, citing EOS and Cosmos as jobs that disappeared after the talent stopped.
“… two co-EDs have come out including a currency warning at the same time, not one out. Cosmos and Eos had builders too, they stopped when the will went. ETH can survive, no L1,” he said. he added.
Ethereum traded at $1,725 at the time of writing, down 2% in the last 24 hours.
A note Ethereum Crisis or Overblown FUD? Tom Lee Denies Money Fear appeared for the first time BeInCrypto.
