According to the "State of Solana: Breakpoint Edition" report, in Q3 2024, 29 projects built on the Solana blockchain received $173 million in financing, the highest level since Q2 2022. Each month of Q3 2024 has seen consecutive growth, and September's $103 million was the strongest month for financing since June 22.
In addition, Solana's tokenized treasury market has also seen significant growth, doubling its total value to $123 million in 30 days. The surge was driven by a $50 million USDC inflow from Ethereum on September 23. Solana currently ranks third in tokenized treasuries, behind Ethereum ($1.6 billion) and Stellar ($422 million). (Cryptonews)