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Ethereum Foundation distributed $32.6M grants to ecosystem in Q1

Coin Telegraph LogoCoin Telegraph17h ago

Ethereum Foundation distributed $32.6M grants to ecosystem in Q1 - Coin Telegraph

Quick Summary:

Beneficiaries included projects focusing on creating software-development kits (SDKs), building analytics platforms and validator tooling. Several projects address Ethereum Improvement Proposal (EIP) accessibility, ecosystem tools and language support libraries. In addition, 14 grants were awarded to projects in the cryptography and zero-knowledge proofs (ZK-proofs) category.

The Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025. In an allocation update for Q1 2025, the organization reported spending $32 million on various initiatives through its Ecosystem Support Program (ESP). Categories included community and educational grants, zero-knowledge and cryptography.

Other allocations included execution layers, developer experience and tools, layer-2 networks and overall ecosystem growth and support. Ethereum Foundation focuses on education and communityOf the 101 grants awarded, 32 went to community and education-focused initiatives.

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Article Details

Author / Journalist: Cointelegraph by Ezra Reguerra

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 13:58:15 (17 hours ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 370 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28515159

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Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 26 posts per day

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News Last Updated: 8 hours ago

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Publisher ID: #11

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