The analysis from Grayscale is spot on: if the foundation shrinks, commercial organizations take over development, and the CROPS principles can be implemented, then the ETH infrastructure narrative can be solid.

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Crypto World News reports that Gray Scale Research Director Zach Pandl stated on the X platform that the architectural adjustments made by the Ethereum Foundation are positive for ETH, transferring development work to commercial organizations can improve ecosystem efficiency, and a clearly defined Ethereum Foundation is more conducive to ensuring Ethereum follows the CROPS principles, strengthening ETH's position as a decentralized digital asset infrastructure.
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