Ethereum distributed $ 32.6 million grants to the ecosystem in the first quarter
ETHEREUM, a non -profit organization that supports development via Ethereum Blockchain, distributed $ 32.6 million in grants in the first quarter of 2025.
In the allocation update, the organization I mentioned Spending on various initiatives through the Ecological System Support Program (ESP).
The groups included societal and educational grants, knowledge of scratch and encryption. Other allocations included the layers of implementation, the expertise and tools of developers, layer 2 networks, growth and support of the ecosystem in general.
ETHEREUM Foundation focuses on education and society
Of the 101 grants, 32 went to community initiatives and education. Among the creative beneficiaries of educational content, conference organizers, and gynecologists and penetration, such as Ethprague and Ethiopia.
Sixteen projects have focused on improving developer and tools experience. The beneficiaries include projects that focus on creating software development groups (SDKS), building analysis platforms and verification tools.
Several projects dealt with the ability to access ETHEREUM (EIP), ecosystem tools and language support libraries.
In addition, 14 grants were granted for projects in the Cryptography and Zero-Knowledge (ZK-PROBLARIRINS). These projects focused on developing encryption techniques, building the ZK resistance technology to search for security and post -quarter encryption.
Meanwhile, seven beneficiaries of grants focus on the implementation class projects, while seven others focus on the consensus layer. Nine beneficiaries of grants focused on protocol, general growth and support.
13 additional grants decreased under the “other” category, including areas including decentralized financing, DAPS, Stablecoin infrastructure and business development.
Related to: Vitalik Buterin determines the vision as it strikes Ethereum Ecosystem
Pectra upgrade from Ethereum works live on Mainnet
On May 7, Ethereum was fluctuated a lot Pectra upgrade is gone live. Live update on MainNet was at about 10:00 am International time, starting with EPOCH 364032. The upgrade included three EIPS, which is EIP-7702, EIP-7251 and EIP-7691.
The upgrade focuses on improving the storage of scaling data in layer 2, and improving the experience of authenticating user and features of the smart account wallet.
Since the upgrade, the ether (EthPrices were recovered from the recession, reaching the highest level in 30 days at $ 2,400 on May 9. At the time of this report, encryption assets were traded at $ 2,345.
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