According to TechFlow TechFlow, on June 14, Vivek Raman stated that more and more traditional financial institutions are deploying Ethereum as infrastructure in real-world production environments, rather than just as an experimental technology platform.
Regarding the recent relatively weak performance of ETH prices, Raman believes the market is still in a "transition phase." He points out that Ethereum's core infrastructure is largely complete, but its adoption rate has not yet been fully reflected in the market pricing of the ETH asset itself.
Raman stated that as more stocks, bonds, funds, and other real-world assets (RWAs) are gradually tokenized and migrated on-chain, the market will eventually reassess the importance of ETH as a cybersecurity asset and a value-carrying asset.
Regarding the recent controversies and criticisms surrounding the Ethereum Foundation, Raman believes that the Ethereum Foundation's deliberate "step back" is not a governance flaw, but rather an important design principle of decentralized systems.
He pointed out that the underlying infrastructure of the future financial system should not be dominated or controlled by any single institution. The Ethereum Foundation's more important responsibility is to maintain the core values of the network, including security, censorship resistance, privacy protection, and open standards, while continuing to promote long-term technological directions such as zero-knowledge proofs (ZK) and quantum-resistant computing.
Raman believes that as institutional adoption increases and the on-chain financial ecosystem matures, Ethereum's role as a global financial infrastructure will become clearer, and ETH's value capture mechanism is expected to be repriced by the market.
