The Ethereum Foundation said the ecosystem is supported by over $22 billion in treasury funds across Ethereum-based projects.
The Ethereum Foundation reported nearly $500 million was deployed to support ecosystem projects between 2022 and 2023, according to its 2024 annual report.
The foundation’s report revealed that entities across the Ethereum ecosystem spent over $497 million to fund projects, with $240.3 million, or roughly 48.3%, contributed by the Ethereum Foundation itself.
Total funding deployed across the Ethereum ecosystem from 2022 to 2023. Source: Ethereum Foundation