Odaily Planet Daily News Messari released its April 2024 financing report. In April 2024, the value of cryptocurrency project financing transactions increased by 3.8% month-on-month to US$1.36 billion, a growth trend that continued for eight months since the low in August 2023 (US$372 million); however, the number of financing transactions fell by 16.7%, Only 259 entries. Investment in the network sector accounted for 37.7% of total investment in April, with large financing projects including Monad (financing $225 million). It is worth noting that April saw a surge in Bitcoin Layer 2 projects, with multiple projects emerging from stealth mode. Significant financing activity was also seen in the financial and infrastructure sectors, with capital more evenly distributed across categories than in previous months.