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KuCoin Research's Monthly Report: Early-Stage Series A Financing Soars 142%, TON Ecosystem Achieves 80% TVL Growth Despite Market Downturn
In the ETH Layer 2 sector, Base outperformed Optimism in TVL rankings, while Linea and Scroll attracted considerable attention and capital for their token issuance and restaking innovations. The Solana Foundation's new tools, "Actions" and "Blinks," aim to simplify on-chain transactions and enhance user interaction within Web3 applications.
Investment activity remained robust, with a total financing volume close to $900 million . Early-stage investments showed a notable increase, with Series A funding surging from 7.77% to 18.84%, indicating a jump of 142%. This trend highlights strong interest in emerging projects and innovative solutions within the cryptocurrency market.
For further details and a deeper analysis of these trends, please refer to the full KuCoin Research monthly report
here .
KuCoin Research is a leading provider of research and analysis in the cryptocurrency industry. With a team of experienced analysts and researchers, KuCoin Research aims to deliver high-quality insights and reports to empower investors and industry professionals.
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