ETH was abandoned by the Ethereum Foundation. In 2025, the EF called Ethereum "an infinite garden." Vitalik Buterin and Aya Miyaguchi amplified it a month later: "purposeful subtraction." And now, the EF Mandate is law, inasmuch as code is law.
The Ethereum board put it on the Ethereum blockchain.
Dana Love, PhD breaks down how the Ethereum Foundation stepped away from ETH the asset, then, with the token down 63 percent from its all-time high set less than a year ago, codified that retreat into a 38-page constitution that never mentions the people holding the coin.
In 2025, the Foundation said it in metaphor: stewardship, not control. In 2026 it said it in doctrine. This is the forensic timeline, sourced entirely to the Foundation's own posts.
CHAPTERS 00:00 ETH jumps 11% today, down 63% from ATH 01:13 The "Infinite Garden" looks like a slaughterhouse. What makes the green grass grow? 02:00 Chapter 1: The signal nobody read 03:23 Chapter 2: The run and the fall 04:38 ETFs life ETH to ATH 07:20 Chapter 3: The doubling down 10:03 Chapter 4: Who is left holding it 12:02 Dana's final thoughts
