According to Odaily Planet Daily, Solana's second-layer network Sonic announced the completion of a $12 million Series A financing round, led by Bitkraft Ventures, with participation from Galaxy Interactive, Big Brain Holdings, etc. It is reported that Sonic's fully diluted token valuation after this round of financing reached $100 million. Sonic's legal entity, Mirror World Labs, has built a proprietary technology called HyperGrid Framework, which can achieve horizontal expansion through Solana chain aggregation.

#Solana