Gradient Network Secures New Funding Round To Enhance Decentralized Protocols

According to PANews, Gradient Network, a Solana ecosystem edge computing open layer, announced on the X platform that it has completed a new round of financing. The round saw participation from notable investors including Pantera Capital, Multicoin Capital, and Sequoia Capital. While specific details regarding the amount raised and the valuation were not disclosed, the new funds will be directed towards advancing its decentralized protocol and developing solutions for converting computing power and staking within blockchain networks.