💥Messari releases April 2024 financing report💥

In April 2024, cryptocurrency project financing transaction volume increased by 3.8% month-on-month to $1.36 billion, continuing an eight-month growth trend since the low in August 2023 ($372 million);

However, the number of financing transactions fell by 16.7% to only 259.

In April, investment in the network field accounted for 37.7% of the total investment, and large-scale financing projects include Monad (financing US$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.