{"id":2010,"date":"2024-11-01T17:32:22","date_gmt":"2024-11-01T17:32:22","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2010"},"modified":"2024-11-01T17:32:22","modified_gmt":"2024-11-01T17:32:22","slug":"solana-sees-173m-funding-surge-in-q3-amid-rising-institutional-interest-from-paypal-visa-franklin-templeton","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2010","title":{"rendered":"Solana Sees $173M Funding Surge In Q3 Amid Rising Institutional Interest From PayPal, Visa, Franklin Templeton"},"content":{"rendered":"<div>\n<p><strong>Solana<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) ecosystem showed notable financial and institutional growth in the year\u2019s third quarter, securing $173 million in new funding across 29 projects despite a slowdown in the number of funding rounds, according to a new Messari report.<\/p>\n<p><strong>What Happened: <\/strong>This 54% quarter-over-quarter increase represents the highest quarterly funding total since Q2 2022, highlighting investor confidence in Solana\u2019s infrastructure and DeFi solutions, Messari writes.<\/p>\n<p>A notable aspect of Solana&#8217;s growth is its appeal to institutional giants. <\/p>\n<p>\u201cSolana has caught the attention of major players like Visa, PayPal, and Franklin Templeton, each of whom expanded operations on Solana this quarter,&#8221; the report states. <\/p>\n<p>With Solana now holding $123 million in tokenized treasuries, it ranks third globally in this category, trailing only <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) and Stellar, and edging closer to rivaling Ethereum&#8217;s dominance. <\/p>\n<p>This stronghold in tokenized treasuries reflects a &#8220;shifting landscape&#8221; in blockchain adoption, with more financial entities recognizing the unique offerings of Solana&#8217;s network.<\/p>\n<p>Messari\u2019s report &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41691846\/solana-sees-173m-funding-surge-in-q3-amid-rising-institutional-interest-from-paypal-visa-f\" alt=\"Solana\" sees funding surge in q3 amid rising institutional interest from paypal visa franklin templeton>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana&#8216;s (CRYPTO: SOL) ecosystem showed notable financial and institutional growth in the year\u2019s third quarter, securing $173 million in new funding across 29 projects despite a slowdown in the number of funding rounds, according to a new Messari report. What Happened: This 54% quarter-over-quarter increase represents the highest quarterly funding total since Q2 2022, highlighting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2010","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2010"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2010\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}