Ethereum Just Got Its Own ‘Clarity Act,’ Says ‘Ethereum Maxirealist’ William Mougayar

William Mougayar said Ethereum was “untouchable” as criticism grew around the Ethereum Foundation following the departure of multiple longtime researchers and contributors.
Ethereum coins, Shiyan city, Hubei Province, China, Oct 31, 2022. (Photo credit should read CFOTO/Future Publishing via Getty Images)
Ethereum coins, Shiyan city, Hubei Province, China, Oct 31, 2022. (Photo credit should read CFOTO/Future Publishing via Getty Images)
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Anushka Basu·Stocktwits
Published May 26, 2026   |   6:55 AM EDT
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  • William Mougayar said on Monday that Ethereum had received its own “Clarity Act” moment.
  • Ethereum co-founder Vitalik Buterin outlined the Ethereum Foundation’s long-term direction.
  • The comments came amid criticism following the departure of multiple senior Ethereum Foundation researchers and operators this year.

Ethereum supporters rallied behind the network’s decentralized ethos after co-founder Vitalik Buterin said the Ethereum Foundation should operate as “one node” in the ecosystem rather than acting as a central governing authority. William Mougayar, founder of the Ethereum Market Research Center, said on Monday that Ethereum (ETH) had just received its own “Clarity Act” moment, arguing the network’s evolution toward greater decentralization was being misunderstood by critics. 

Mougayar, Special Advisor to the Ethereum Foundation who calls himself ‘Ethereum Maxirealist’ on X, described Buterin’s comments as “crystal clear” and called Ethereum “untouchable”. The Ethereum Foundation is the nonprofit organization that supports the Ethereum ecosystem by funding protocol development and ecosystem coordination.

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Screenshot 2026-05-26 at 6.50.38 AM.png
Mougayar declares Ethereum "untouchable" after Buterin's weekend post. Source: @wmougayar/X

The remarks followed a detailed post from Buterin, who said the Ethereum Foundation should operate as “one node” in the ecosystem rather than becoming the central authority overseeing Ethereum. He explained that the Foundation was never designed to function like a corporation or governing body controlling the network. Instead, Ethereum’s long-term success depends on independent builders, researchers, and organizations expanding beyond the Foundation itself, Buterin added.

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Buterin outlined the Ethereum Foundation's transition in a weekend post. Source: @VitalikButerin/X

Mougayar’s comparison came as the CLARITY Act, a proposed United States crypto market structure bill aimed at defining how digital assets are regulated, advanced earlier this month after clearing the Senate Banking Committee in a bipartisan 15-9 vote. 

Ethereum Foundation Debate 

The comments came amid growing criticism of the Ethereum Foundation’s leadership structure following the departure of multiple researchers and longtime contributors this year.

Some critics argued the exits reflected deeper operational or leadership concerns inside the Foundation. Moonrock Capital founder Simon Dedic described the departures as a “massive red flag,” saying several of the individuals leaving “were the foundation.”

However, Buterin emphasized that the EF was intentionally becoming a smaller, more focused organization centered on decentralization, privacy, security, and censorship resistance, rather than acting as Ethereum’s central coordinating authority.

Ethereum’s price was down by 0.7% during the past 24 hours. On Stocktwits, the retail sentiment around ETH moved to ‘neutral’ from the ‘bearish’ zone, while chatter around it increased to ‘high’ from ‘normal’ over the past day. This year, Ethereum is down nearly 30%.

Read also: Arthur Hayes Is Betting Bigger On Zcash Than NEAR — Even As He Sees 20x Upside In NEAR

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