According to Foresight News, Gradient Network, the open layer of edge computing in the Solana ecosystem, announced the completion of a new round of financing, with participation from Pantera Capital, Multicoin Capital, Sequoia Capital and others. The specific amount of financing and valuation data have not been disclosed yet. The new funds will be used to promote its decentralized protocol and the development of computing power and staking solutions for conversion in blockchain networks.

Currently, Gradient Network has achieved liquidity staking and seamless connection between Ethereum, Solana and TAO networks. Its platform can use edge computing to support decentralized cloud, provide accessible and affordable AI-driven solutions for content delivery, allowing serverless functions and AI reasoning.