In the blockchain sector, Solana-based layer-2 gaming infrastructure Sonic raised $12 million in a Series A funding round to scale Solana's gaming ecosystem. This is part of Solana's efforts to expand and improve the gaming ecosystem.

However, this comes at a time when cryptocurrencies and blockchain technology are facing regulations around the world. This could hinder the growth and development of the industry.

In particular, tightening regulations on cryptocurrencies and blockchain technology could hinder the adoption and development of these technologies. This could negatively impact the industry's overall growth prospects.

In conclusion, although Sonic raising investment is a positive step, the industry's overall growth prospects are still uncertain, given the regulatory challenges facing the cryptocurrency and blockchain industry.