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Solana Blockchain Is Seeking To Raise $300-$450 Million, Focusing On The Dapps Space
Summary: According to a report from Decrypt, sources said that the Solana blockchain is raising $300 million to $450 million in funds. Solana declined to comment on the fundraising news, but its executives did not deny the information. According to its supporters, Solana focuses on dApps and is a potential competitor to Ethereum. The main attraction ...
According to a report from Decrypt, sources said that the Solana blockchain is raising $300 million to $450 million in funds. Solana declined to comment on the fundraising news, but its executives did not deny the information.
According to its supporters, Solana focuses on dApps and is a potential competitor to Ethereum. The main attraction of Solana is that it is faster and cheaper than Ethereum. Solana's maximum throughput exceeds 50,000 transactions per second, while Ethereum only deals with 10 to 15 transactions per second.
According to Crunchbase data, Solana had raised $21.8 million before this round of financing. This includes a $20 million A round led by Multicoin Capital in 2019, which was also supported by BlackTower Capital and other companies.
By Mary Liu
Tags: Ethereum,Solana
Link: Solana Blockchain Is Seeking To Raise $300-$450 Million, Focusing On The Dapps Space [Copy]
