startup

Solaxy Secures $58 Million to Revolutionize Solana Scalability

Solaxy Secures $58 Million to Revolutionize Solana Scalability

Solaxy is a Solana Layer 2 scaling solution that increases processing capacity and reduces congestion on the Solana mainnet. Since launching in December of 2024, it’s been all the rage. Following this financing, Solaxy has raised a total of $58 million. Their vision is to improve scalability and reduce fees...

$BEST Wallet: Hype or Hope? A Centrist's Take on $12M Raise.

$BEST Wallet: Hype or Hope? A Centrist's Take on $12M Raise.

Bitcoin's been on a tear lately, supposedly hitting insane highs (let's just say over $100,000 – grain of salt, folks). With that comes the inevitable flood of new projects — many newly created — instantly claiming to be the next big thing. BEST Wallet, recently capitalized after a $12 million...

SOL Strategies Secures $500 Million Investment, Fuels Solana's Ascent

SOL Strategies Secures $500 Million Investment, Fuels Solana's Ascent

Solana (SOL) is doing exceptionally well, surging by 14% to rise above $154. This increase is largely driven by a major $500 million bet on SOL Strategies. The agreement is structured as a convertible note with ATW Partners. It begins with a $20 million funding commitment, but has the potential...