PANews reported on August 1 that RootData data showed that the total financing amount of the crypto market in July 2024 was US$1.018 billion, an increase of 85% from US$550 million in July 2023 and 37% from US$743 million in June 2024. In addition, the number of financings in July 2024 was 111, a month-on-month increase of 9.9%. In terms of the total financing amount of the track, the top three tracks are other categories, Cefi and Defi.