Sonic SVM price

The controversy over subsidies that extends to Polygon (Sandeep), Andre Cronje, and Solana The article by Péter Szilágyi, the lead developer of Geth, which started with "Understanding the Ethereum Developer's Revelations()", has brought various reactions in the market. It begins with Sandeep, the CEO of Polygon. - He stated that they did not receive direct support from the Ethereum Foundation or the Ethereum community, and even chose L2 over L1, resulting in billions of dollars in losses. - If Polygon declared itself as L1, it would probably be valued 2-5 times higher than its current value. The Hedera Hashgraph L1 is valued higher than the combined valuations of Polygon, Arbitrum, Optimism, and Scroll. - The more serious issue is that the Ethereum community absolutely does not recognize Polygon as L2 and does not include it in the Ethereum beta in the market. - If Polymarket achieves great success, it will be considered "Ethereum", but it is really hard to understand that Polygon itself is not Ethereum. In summary, he expresses dissatisfaction that they are not recognized for their contributions to Ethereum by the Ethereum community and foundation. Next is Andre Cronje, who created Yearn Finance, Sonic (Fantom), etc. - He built while spending over 700 ETH from ETH, but received no response, grants, or marketing support from EF, and was shocked by the active support from other chains after participating in the Sonic ecosystem. - If core developers (Peter & Geth) and major L2 (Polygon) are not receiving support, then who exactly is EF supporting? At this time, key figures from Solana take the opportunity to leave comments on each article. In Sandeep's article, raj commented "Canyou imagine if we teamed up", while Andre Cronje left a "Come Join Us" GIF. Andre Cronje also responded with the RUST code GitHub for the developing Flying Tulip. Vitalik officially wrote a long response to Sandeep's article, addressing the overall difficulties and potential developments regarding L2 projects and ZK projects. Personally, I think they are all effectively utilizing PR strategies that align with their respective interests. Polygon has seen three of its four co-founders leave, and as the ecosystem is increasingly heading towards collapse, they needed to actively leverage this negative issue to gain community interest and support. Andre needed to gain interest in the new project Flying Tulip, while Solana Foundation personnel conveyed the message that they are more inclusive compared to Ethereum. Vitalik empathized with the understanding and difficulties regarding Polygon and L2, expressing expectations for ZK and future developments, and made efforts to minimize the division between builders and the community. Regarding subsidies, I believe it is more appropriate to support projects that are still in the early stages or public goods that do not generate profits but have a positive impact, rather than projects that have already achieved results and are of significant scale. Projects like Polygon and Sonic have paid excessive subsidies for the ecosystem but should reflect on their inability to deliver results. (I also feel disappointed that I cannot agree with the claim of Polygon's L1 value.) Currently, Ethereum's subsidies are focused on community/educational events, consensus/execution layer development, developer tools (Vyper, Solhint, etc.), L2 infrastructure (L2BEAT), protocol security/upgrades (Pectra, PeerDAS), and can be confirmed through official blog posts like Allocation Update - Q1 2025. (It would be nice if other foundations could disclose transparently as well..) Additionally, Ethereum is set to announce a new subsidy program in Q4 2025, so it will be interesting to see if L2 support increases due to this issue. I have conveyed the background of this issue along with personal thoughts and interests, and I hope this helps to view it from a multifaceted perspective rather than a fragmented one. Thank you.🙏

I'm not sure how much better EF has gotten under @tkstanczak, but I can relate to this firsthand 🙋. Between late 2023 and early 2024, we were working on a state-of-the-art protocol in private voting as a public good, and a friend connected us to EF. Although we didn't really need money back then, it would still help to stop paying out of pocket, and getting EF support behind you would be massive for any small project. What I didn't expect was for me and the engineering lead from our team to get on a call with an EF intern, who demanded that we give her a list of all clients and blockchain foundations that we had previously worked with, in order to prove that we were "Ethereum aligned". I stopped responding and never messaged in that chat again, even after they followed up with us.