Ethereum Foundation awards $32.65 million in Q1 grants to over 90 projects
By: bitcoin ethereum news|2025/05/09 04:15:02
0
Share
The Ethereum Foundation Ecosystem Support Program (EFESP) has announced the donation of $32.65 million in grants for Q1. In its quarterly allocation report released today, the Foundation said it donated the funds to over 90 projects. In the report, the Foundation listed the grant recipients, the project they got the funding for, and which category they belonged to. However, the report did not state how much each recipient got. Still, it is possible to identify what the Foundation cares about by which project category appeared the most in the report. Community & Education appears to be leading with 32 projects. These projects varied from educational videos about Account Abstraction and the ACM Conference on Economics and Computation to a Privacy Residency in Taipei and a summer school at the University of Buenos Aires, Argentina, on topics related to Ethereum. Interestingly, the educational events show Ethereum’s global reach through the Foundation as it sponsored hackathons in the USA and Ethiopia while funding educational programs in Italy, India, Greece, and Japan. Beyond educational and community projects, seven consensus layer projects, such as GotEth, Fabric, Lighthouse, and Lodestar, also received grants, while 14 cryptography and Zero Knowledge proofs projects got funded. Other categories that secured funding include Developer experience & tooling, Execution layer projects, and other projects focused on the general growth and support of the network. Only one Layer-2 project, L2 Beats, secured funding from the grant, with the funds meant to enable the platform to continue providing accurate information about the Ethereum L2 ecosystem. Recipients praise Ethereum Foundation’s efforts The report marks the fourth time the Ethereum Foundation has disclosed an allocation report, a practice that started in August last year when it released the Q2 report. The decision to start reporting is likely due to concerns about the Foundation’s expenses. When the first report was released, Ethereum co-founder Vitalik Buterin praised the effort, stating that anyone who wants more details on what the Foundation spends money on should review the report. So far, many of the recipients of the grants have started acknowledging the grant and praising the effort. Amber Group noted that its Web3 Security Team got two grants for their efforts to improve EVM security. It posted: “From enhancing EVM security through Mothra’s reverse engineering toolkit to boosting Geth performance with PebbleDB, we’re proud to keep pushing the boundaries of Ethereum’s security and performance.” The pseudonymous security expert SunSec also acknowledged that they were part of the ETH Rangers Program, which supports several individuals working on public goods security efforts in the Ethereum ecosystem. While many recipients have praised the Foundation for the grants, some users believe publicizing the allocation is a good step. However, they want the Foundation to start including how much money it allocated to each project. Ether back above $2k for the first time since March Meanwhile, Ether has surpassed $2,000 for the first time since the end of March after seeing over 13% rise in value in the last 24 hours. The massive surge in ETH price comes amidst a general upswing in the crypto market. However, ETH still stands out as the best performer among all the top ten crypto assets in the last 24 hours. This suggests that Ether might have more factors at play. A possible catalyst for its gains was the successful Pectra upgrade, which has been the biggest improvement to the network since the merge event. Nevertheless, it is too early to conclude that the ETH bullish run will last. The token is still down 39% year-to-date and, according to CryptoQuant analysts, faces many headwinds that could hinder price recovery. Still, the gains represent a positive development, and according to technical analyst Ali Martinez, the major supply barrier for ETH is $2,380. He claimed that clearing this level would start a new bull rally for the asset. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot Source: https://www.cryptopolitan.com/ethereum-foundation-awards-32-65-million-in-q1-grants-to-over-90-projects/
You may also like

Cursor, why did you get on Musk's spaceship?
SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin
Overview of Important Market Events on June 16

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?
The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record
Overview of Important Market Events on June 15

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?
SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.

How to exit after asset tokenization?
Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?
How does the GENIUS Act reshape the stablecoin landscape?

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion
A deep analysis of Musk's ultimate grand vision: how SpaceX, xAI, and Tesla are deeply intertwined, using space AI data centers and Starships to gradually turn the sci-fi fantasies of Mars colonization and multi-planetary civilization into reality.

Mergers and acquisitions in the cryptocurrency market are exceptionally active
Behind the rise in mergers and acquisitions is a sluggish financing market, declining project valuations, and increased pressure for startup teams to exit. However, it also indicates that the cryptocurrency industry has not lost its capital vitality, but is completing resource reorganization in anot...

Concerns Behind the Binance Customer Service Controversy
As the user base expands to the scale of Binance today, relying on the personal efforts of the founder and a few employees to fill process gaps has become an unsustainable arrangement.

SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?
SpaceX stock has become one of the hottest trades of 2026. Can SPCX reach $200 before QQQ inclusion? Discover the latest SpaceX stock prediction, analyst targets, Bitcoin exposure, and the key catalysts that could move SpaceX stock after its historic IPO.

Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph
Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport.

Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle
The CLARITY Act has cleared a major Senate hurdle, but the hardest battle is still ahead. With the July 4 deadline approaching, can the White House finally pass its biggest crypto regulation bill? Find the clues in our exclusive analysis below.

France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival
France vs Senegal World Cup 2026 preview: Can Mbappe lead France past Senegal after the shocking 2002 World Cup defeat? Full team news, predicted lineups, key battles, and WEEX's exclusive match prediction.

What is the connection between Huang Zheng of Pinduoduo and blockchain?
From Pinduoduo's "reverse insurance" to blockchain's smart contracts, this article explains how Huang Zheng's underlying logic uses "certainty" rules to reshape the flow of wealth for ordinary people.

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...
Overview of Important Market Events on June 15

If the AI bubble has already burst, who will truly remain?
What remains after the AI bubble bursts? The plummeting cost of computing power is driving AI to accelerate the reshaping of various industries. What will be left after the major reshuffle is an irreversible revolution in real productivity.

Paul Graham: How to Make a Billion Dollars
Silicon Valley guru Paul Graham reveals the underlying logic of billion-dollar wealth: no need to cheat, just create products that users love intensely, allowing exponential growth to create wealth miracles.
Cursor, why did you get on Musk's spaceship?
SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...
Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin
Overview of Important Market Events on June 16
SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?
The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?
Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record
Overview of Important Market Events on June 15
The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?
SpaceX Supply Chain Revealed: The Invisible Gold Mine Behind the Trillion-Dollar "Space Dream," from Nvidia's Computing Power Monopoly to China's Sole Supplier of Special Materials, these overlooked water-selling talents are the true wealth creation engine.
How to exit after asset tokenization?
Currently, three models have emerged, aimed at providing instant exit routes for tokenized real-world assets. Their differences lie in: who holds the funds required for exit, how efficiently the funds operate, and the extent to which this model can be scaled across different asset types.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com

