How much did Solana raise?

In May, Solana devoted $20 million to support projects on the network through a partnership with MATH Global and raised $60 million to support projects in emerging markets in Brazil, Russia, India, and Ukraine. Then in June Solana launched another $20 million fund to further expansion in South Korea in partnership with ROK Capital.

What will Solana labs do with new funding?

The new injection of funding will fuel Solana Labs with the resources necessary to further accelerate the development and launch of new DeFi, or Web3, projects across the ecosystem. Solana is the most performant blockchain in the world.

What is the Solana creator fund?

The Solana Creator Fund is just one of the many community initiatives empowering creators, so be sure to follow Solana on Twitter for future announcements. And if you’re a creator who wants to join the crypto revolution, get in touch here.

Could Solana become the preferred blockchain for decentralized applications?

Try refreshing the page. Leading Ethereum challenger Solana could be making a big play to become the preferred blockchain for decentralized applications, such as DeFi and NFT offerings, if rumors of a funding round that could reach $450 million, prove to be true.