Ethereum Foundation allocated more than USD $ 32 million to finance 90 projects

The donations were made during the first quarter of this year. The organization mainly urged projects and proposals focused on education, community development and privacy.

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• The Ethereum Foundation He distributed funds among more than 90 initiatives in various technical and educational categories.
• Education and community represented most, with 32 supported projects.
• Eth exceeded the USD $ 2,000 after a strong ascent, driven by update Pectra

The Ethereum Foundation, entity responsible for providing technological and community support to the network Blockchain, This week published its assignments report corresponding to the first quarter of 2025, revealing the delivery of subsidies for a total of USD $ 32.65 million to more than 90 projects in the ecosystem.

This is the fourth time that the organization publicly disseminates the details of its quarterly donations, a practice that began to carry out since August last year.

Although the report does not specify how much each beneficiary received, it does detail the names of the projects, the areas to which they belong and the general objectives of the subsidies. This transparency has been well received by the crypto community, which has several more clarity requested on the use of the Foundation’s funds.

Focus on Education, Community and Privacy

According to the report, published in the official blog of the Ethereum Foundationthe category with more financed projects was that of Community and education, with a total of 32 backed initiatives. These include from explanatory videos about the Accounts abstraction even academic events such as ACM conference on economics and computing.

Educational programs financed in diverse regions such as Argentina, Japan, Greece, India, Italy and the United States are also highlighted. Among them, there is a privacy residence in Taipéi and a summer school in the University of Buenos Aires Focused on Ethereum.

This educational approach highlights the long -term strategy of the Ethereum Foundation: Build technical capabilities and knowledge in a global network. It also demonstrates that the organization is willing to invest not only in technological development, but also in human capital.

Advances in infrastructure and cryptographic tests

Beyond the educational field, the report mentions seven projects linked to the consensus layer, such as Goteth, Fabric, Lighthouse and Lodestarwhich received financial support. Also, 14 projects focused on cryptography and zero knowledge tests (ZK) were selected to receive funds.

Other important categories included tools for developers, execution layer projects and general efforts to improve the ecosystem Ethereum. On this occasion, only a layer 2 project, L2 Beats, He was benefited, with funds aimed at continuing his informative work on the ecosystem L2 of Ethereum.

Subsidies at complex moments

The publication of the subsidies report comes to place weeks after a certain controversy around the Ethereum Foundation, since the organization has been making administrative changes for the panorama that faces transparency and financing.

At the end of February, Aya Miyaguchi, who had held the position of executive director since 2018, assumed as president of the non -profit foundation. His appointment was in the midst of intense internal debates and external criticism due to the alleged lack of transparency in the management of the organization.

The Ethereum Foundation He has faced criticism for the lack of transparency in his operations and the complexity of his internal structure. The accusations intensified after a Miyaguchi interview arose, in which it seemed to reject a “Culture to compete and win.”

In addition, some community members expressed their frustration for the slow pace in the development of scalability solutions for Ethereum, A recurring problem that has stopped the mass adoption of the network, deriving in congestion peaks and a pronounced increase in the cost of transactions.

In response to these criticism, the Foundation recently allocated 50,000 Eth (approximately USD $ 80,000,000) to decentralized finance protocols such as Aave, compound and spark, seeking to show a more active commitment to the community.

Eth exceeds USD $ 2,000

In parallel to the advertisement of subsidies, the price of Ethereum (eth) It registered an increase of more than 13 % in the last 24 hours, exceeding the USD $ 2,000 for the first time since March. This rebound positions it as the asset with the best performance among the ten most important cryptocurrencies for market capitalization.

According to analysts of Cryptoquant, although Eth It still faces obstacles to a sustained recovery – it is 39 % below its value at the beginning of the year – the recent update “Pectra” It may have been a key catalyst.

The increase of Eth It also occurred within the framework of an increase in the price of Bitcoin, which today exceeded the USD $ 100,000 per unit again, just after the recent ads of the US Federal Reserve. (Fed) which left interest rates for the US economy for a new period.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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