Messari: Solana blockchain DApps raised $173 million in funding in Q3

According to the Messari report, institutional investment in Solana native blockchain applications has recovered in the third quarter of 2024. 29 Solana-based decentralized applications (DApps) have raised a total of $173 million, an increase of more than 54% from the previous quarter. Although the number of financing rounds has decreased by 37%, these financings are the largest amount of investment on the Solana chain since the second quarter of 2022. It is reported that asset management giant Franklin Templeton plans to launch a money market fund on Solana. (Cointelegraph)