【Crypto World】The Solana ecosystem is making another big move. DePIN track Fuse Energy has just announced the completion of a $70 million Series B funding round, with the valuation soaring to $5 billion. This funding round was led jointly by Lowercarbon Capital and Balderton Capital, which demonstrates the strong confidence institutions have in this project. The application of DePIN (Decentralized Physical Infrastructure Networks) on the Solana chain is gaining increasing attention, and the scale of this financing reflects the growing enthusiasm in the entire track. Based on the funding progress, the project has entered the growth stage, and upcoming product and ecosystem expansion are worth watching.
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TrustlessMaximalist
· 15h ago
5 billion valuation? Solana's recent DePIN wave is a bit crazy; we'll have to see if it can truly lead to tangible products later on.
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GasFeeWhisperer
· 15h ago
Solana is starting to heat up again. Is depin really about to take off? Feels like I hear this argument every time.
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MetaverseHomeless
· 15h ago
Sol ecosystem is about to take off again, this time DePIN is really hot... $70 million Series B is not a small number, and a $5 billion valuation is quite outrageous.
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BTCRetirementFund
· 15h ago
Solana's surge is quite intense this time. Is the DePIN concept so popular? A valuation of 5 billion feels a bit exaggerated... But being able to attract these major institutions definitely indicates there's something real. We should keep an eye on how the product implementation goes.
Fuse Energy completes $70 million Series B funding, DePIN continues to heat up in the Solana ecosystem
【Crypto World】The Solana ecosystem is making another big move. DePIN track Fuse Energy has just announced the completion of a $70 million Series B funding round, with the valuation soaring to $5 billion. This funding round was led jointly by Lowercarbon Capital and Balderton Capital, which demonstrates the strong confidence institutions have in this project. The application of DePIN (Decentralized Physical Infrastructure Networks) on the Solana chain is gaining increasing attention, and the scale of this financing reflects the growing enthusiasm in the entire track. Based on the funding progress, the project has entered the growth stage, and upcoming product and ecosystem expansion are worth watching.