In the second quarter of 2024, the Ethereum Foundation has allocated over $8.47 million in grants to support the growth of its ecosystem. This funding is aimed at fostering development and innovation within the Ethereum community. The grants will be used to fund various projects and initiatives that will help strengthen and expand the Ethereum network. This investment highlights the Foundation’s commitment to supporting the growth and development of Ethereum, as well as its dedication to promoting a thriving ecosystem for the platform.