Revolutionizing Blockchain: Top 5 Altcoin Projects with Record 2024 Funding- Berachain, EigenLayer, Eclipse, Avail, & Monad
•Berachain
•EigenLayer
•Monad

Berachain
Berachain raised $169 million in fundraising using a novel Proof-of-Liquidity (PoL) consensus process. This blockchain is EVM compatible and incorporates validators and projects via an economic architecture that aims to increase liquidity and governance.
Berachain’s technique of aligning network incentives has sparked significant investment, demonstrating its ability to influence the blockchain ecosystem. Berachain intends to use this financing to further develop its technology and boost market adoption.

EigenLayer
EigenLayer has successfully raised $100 million in investment. The project is based on the Ethereum network and enables protocols to use the Ethereum trust network without needing to create their own set of validators.EigenLayer contributes to cost savings and efficiency gains by providing off-chain data availability for Layer 2.EIGEN tokens are utilized for staking alongside ETH, and the system has secured a total of $18 billion in value to far.

Monad
The Monad project has received $225 million in funding. Monad is a new Layer-1 blockchain that is geared for speed and network connectivity. It can execute 10,000 transactions per second, has one-second block timings, and one-slot finality.Monad’s interoperability with EVM boosts its appeal, positioning it as a key player in increasing blockchain efficiency and scalability. This technique is supposed to solve the problems of speed and transaction fees, which are common difficulties in many blockchain networks.
#monad #eigenlayer #berachain #BinanceTournament #AirdropGuide

$W following the plan, with the staking site going live and potential Monad airdrops for stakers, short-term demand will outweigh supply. 🚀🚀🚀

#wormhole @Wormhole #airdrop #monad