According to PANews, according to the (State of Solana: Breakpoint Edition) report, in the third quarter of 2024, 29 projects built on the Solana blockchain received US$173 million in private financing, the highest level since the second quarter of 2022.
Each month in the third quarter of 2024 saw sequential growth, with September’s $103 million being the strongest month since June 2022.
Solana’s tokenized funding market has also seen significant growth, with total value doubling to $123 million in just 30 days. This surge was primarily driven by an inflow of 50 million USDC from Ethereum on September 23.