CoinMarketCap disclosed that the Ethereum Foundation distributed a total of $5.5 million in grants during the second quarter of 2026. The funding covered ecosystem development, research tied to zero-knowledge proofs, and security audit work. According to the disclosure, the grant program was designed to support the upcoming Glamsterdam upgrade. The stated focus was on strengthening network infrastructure and improving technical security capacity. The funding was also framed as part of the foundation’s continued effort to support growth across the Ethereum ecosystem. The disclosure links the quarter’s grant activity directly to preparation work around the planned upgrade and the broader technical needs surrounding Ethereum’s development.
CoinMarketCap says the Ethereum Foundation handed out $5.5 million in grants in the second quarter of 2026. The money went to ecosystem development, zero-knowledge proof research, and security audit work.
The grants were aimed at backing the coming Glamsterdam upgrade. The goal: stronger network infrastructure, better technical security, and continued support for Ethereum development. Simple as that.
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