Blockchain Venture Capital Surges By 32% In May, Exceeding $1.3 Billion

According to Foresight News, data from The Block indicates a significant surge in blockchain venture capital in May. The investment amount increased by 32%, exceeding $1.3 billion, with the number of investments growing by 11% to a total of 293. Bitcoin and Solana saw a high volume of investment activity, with trading activity skyrocketing over the past six months. The blockchain industry is expected to see an increase in financing in the second quarter, with investment reaching $3.5 billion across 834 transactions. This marks the third consecutive quarter of increased financing and trading activity. The data underscores the growing interest and investment in the blockchain sector, particularly in Bitcoin and Solana.