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.

Is Solana decentralized?

Despite this, other factors such as Solana's token distribution show that the network is currently not as decentralized as it could be. Solana has gained many new users this summer thanks to its fast transactions and low fees. However, critics have pointed out that the network may not be as decentralized as people think. What Is Decentralization?

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.

Is Solana's $300 million funding round the top six venture capital rounds ever?

If the rumored current round raises even $300 million that would place this round in the top six venture capital rounds in crypto and blockchain ever. Multicoin Capital was the lead investor in Solana’s early funding rounds and received the blockchain’s native token, SOL, in return for their investments.