Ethereum Foundation distributed $32.6M grants to ecosystem in Q1

9 hours ago

The Ethereum Foundation, the nonprofit that supports improvement crossed the Ethereum blockchain, distributed $32.6 cardinal successful grants successful the archetypal 4th of 2025.

In an allocation update for Q1 2025, the enactment reported spending $32 cardinal connected assorted initiatives done its Ecosystem Support Program (ESP).

Categories included assemblage and acquisition grants, zero-knowledge and cryptography. Other allocations included execution layers, developer acquisition and tools, layer-2 networks and wide ecosystem maturation and support.

Ethereum Foundation focuses connected acquisition and community

Of the 101 grants awarded, 32 went to assemblage and education-focused initiatives. Recipients included acquisition contented creators, league organizers, bootcamps and hackathons specified arsenic ETHPrague and ETHiopia.

Sixteen projects focused connected improving the developer acquisition and tooling. Beneficiaries included projects focusing connected creating software-development kits (SDKs), gathering analytics platforms and validator tooling.

Several projects code Ethereum Improvement Proposal (EIP) accessibility, ecosystem tools and connection enactment libraries.

In addition, 14 grants were awarded to projects successful the cryptography and zero-knowledge proofs (ZK-proofs) category. These projects focused connected processing cryptographic techniques, gathering ZK-proof technology, and researching information and post-quantum cryptography.

Meanwhile, 7 assistance beneficiaries are focused connected execution furniture projects, portion different 7 are focused connected the statement layer. Nine assistance beneficiaries were focused connected protocol, wide maturation and support.

An further 13 grants fell nether an “other” category, encompassing areas specified arsenic decentralized finance, DApps, stablecoin infrastructure and concern development.

Ethereum’s Pectra upgrade goes unrecorded connected the mainnet

On May 7, Ethereum’s much-anticipated Pectra upgrade went live. The caller update went unrecorded connected the mainnet astatine astir 10:00 americium UTC, starting connected epoch 364032. The upgrade included 3 EIPs, which are EIP-7702, EIP-7251 and EIP-7691.

The upgrade focuses connected improving layer-2 scaling information storage, validator idiosyncratic acquisition improvements and astute relationship wallet idiosyncratic acquisition features.

Since the upgrade, Ether (ETH) prices recovered from a slump, breaking retired to the $2,000 levels, each the mode to a 30-day precocious of $2,400 connected May 9. At the clip of writing, the crypto plus trades astatine $2,345.