Ethereum Foundation Co-Executive Director Tomasz Stanczak has provided insights into Ethereum's strategic direction, addressing competition from Solana, challenges with Layer 2 solutions, and potential risks associated with staking. Stanczak emphasized Ethereum's commitment to scalability and security as it continues to evolve in the competitive blockchain landscape. He acknowledged Solana as a formidable competitor but highlighted Ethereum's robust developer community and ongoing innovations as key strengths. Additionally, Stanczak discussed the importance of addressing Layer 2 challenges to enhance transaction efficiency and reduce costs, while also noting the need for careful management of staking risks to ensure network stability.