The community has a strong opinion on Ethereum during this cycle, and we can fully understand this sentiment. Some of the decisions made by the Ethereum Foundation are indeed difficult to understand, and there have been many discussions in the community, so I won't go into detail here. Briefly describe the current position of Ethereum. In terms of underlying security, Ethereum still has the strongest security in the entire encryption field, which is still the preferred platform for future large-scale RWAs. If we can focus on solving the problem of liquidity fragmentation and returning the ranking to L1, value capture will also resume. We are currently in a special emotional period, and the market is not paying much attention to the most scarce and valuable block space in the cryptocurrency field. The speed of fees and speculative objects will receive more attention, but over time, they will gradually be priced. Ethereum should have this confidence. If there is no fundamental wavering, opportunities are always there. The biggest fear is to follow the path of other public chains and lose its own characteristics. In terms of applications, besides the basic DeFi and RWA disks, the Ethereum ecosystem will not completely miss out on AI agents in the future. Currently, the virtual ecosystem is at least born from the L2 base. In terms of application innovation, the Ethereum ecosystem can even adopt a follow strategy appropriately, as AI+crypto has great potential and scale, and will expand to the entire chain market in the future. The question here is how Ethereum L1 and L2 can form a synergy. As we can all see, most of the on chain hotspots in this cycle occur in Solana. If it weren't for Base supporting the scene, it would have been unsightly. If Ethereum no longer has a sense of crisis, the landscape will undergo some real changes, especially from developers and new user groups, which is a true impact. Ultimately, most users won't care if you are Ethereum L1 L2， Still Solana, what users care about is their own needs and experience, and only by allowing users and developers to truly stay can there be a future. The intense feedback from the community now will prompt the foundation to make some changes, which is a good thing. One way is for the Ethereum First Foundation to focus on underlying infrastructure, decentralization, and privacy; The second foundation can focus on developers and community building. If we can go our separate ways and form complementarity, it will be interesting. Previously, @ mindaoyang teacher also proposed the idea of splitting the Ethereum Foundation. In addition, the community should also play a role in major decisions regarding Ethereum, such as allowing ETH stakers to express their views on certain matters (such as the responsibilities and treasury allocation of the first and second foundations) through voting, similar to the role of supervising the first and second foundations. The weight can be balanced based on factors such as the amount of collateral and time.