Joe Lubin, CEO of Consensys and a key figure in Ethereum's creation, has defended the Ethereum Foundation's recent budget cuts and leadership changes, describing them as a necessary evolution rather than a crisis. Lubin emphasized the importance of the foundation maintaining a narrow focus on stewarding Ethereum's core technology and values, while other organizations handle adoption and ecosystem growth. He argued that this separation is crucial to avoid conflicts of interest and maintain the network's decentralized nature. Lubin's comments come amid criticism over the foundation's direction, with some questioning its response to competitive threats and market positioning. He clarified that the restructuring aims to delineate protocol stewardship from commercialization, ensuring Ethereum's future is shaped by multiple organizations rather than a single dominant entity. Despite concerns, Lubin dismissed the notion of Ethereum's decline, highlighting its ongoing infrastructure scaling and potential for new adoption waves, including AI-driven transactions and institutional use of Ethereum-based systems.