news

bitcoin

1 X bitcoin bitcoin =

Monday

21 June 2021

Solana Labs Secures $314M in Funding as SOL Token Rises 20% - Decrypt

Solana Labs Secures $314M in Funding as SOL Token Rises 20% - Decrypt


smart summary beta

One of the reasons for the current upward trajectory of SOL, the project’s native token,could be the Solana Labs’ recent funding round which saw $314 million raised

“It is easy to imagine countless use cases for crypto as a technology, but building them into real products that millions of people use requires the existence of high-performance blockchains,” Ali Yahya, general partner at Andreessen Horowitz, said, adding, “Solana is a next-generation blockchain that can meet that high bar.” 

“Solana is build-ready today,” said Anatoly Yakovenko, co-founder and CEO of Solana Labs, adding, “After seeing explosive growth in global developer uptake, we are convinced that scalability and throughput in blockchain are now a solved problem.”

Goto Full Article

bitcoin bitcoin price

$31594.00

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Article Metadata

author

site

decrypt.co
Market data feeds provided by cryptocompare.com
bitsmart 2021