The wave of governance restructuring is a signal that crypto teams are maturing operationally, not retreating ideologically. Regulatory clarity, internal bottlenecks, and strategic realignments are pushing protocols to rethink how decisions get made and who’s accountable for them. Projects like @apecoin, @JupiterExchange, @arbitrum, and @Scroll_ZKP are leading this shift, each adapting differently, but all with a shared goal. It’s less about decentralization vs centralization, and more about finding structures that work, faster execution, clearer accountability, and sustainable governance. Full report that unpacks these governance transitions, catalysts, and trade-offs: