The Ethereum Foundation has announced a comprehensive treasury policy aimed at strengthening the Ethereum ecosystem and supporting decentralized finance (DeFi) through 2025 and 2026, which it expects to be pivotal years for network development. The policy sets a target to maintain a 2.5-year operating expense buffer and caps annual spending at 15% of total treasury assets initially, with a planned reduction to 5% over the next five years. The strategy emphasizes minimizing ETH sales, maintaining a long-term ETH bias through staking, DeFi yield generation, and real-world asset exposure. The foundation's approach aligns with cypherpunk principles, focusing on privacy, permissionless access, and open-source development. This financial strategy reflects a shift towards stricter treasury management and increased transparency, aiming to balance capital preservation with ecosystem growth. Concurrently, the DeFi sector is seeing multiple developments, including major upgrades from projects like AAVE and integrations such as MorphoLabs on Unichain, which has attracted over $42 million in deposits within 24 hours. These initiatives coincide with broader regulatory easing, stablecoin companies pursuing IPOs on Nasdaq, and Coinbase's inclusion in the S&P 500, signaling a maturing crypto ecosystem.