TLDR:
- Crypto startup funding rose over 2.5% to $2.7 billion in Q2, despite a decline in overall investment deals.
- Tron network may become the most profitable blockchain, surpassing Ethereum in revenue.
Crypto startup funding increased in Q2 despite a drop in overall investment deals, reaching $2.7 billion. Tron network has shown promising revenue potential, surpassing Ethereum in revenue over the past 90 days. Additionally, a ZK-powered DEX raised $10 million, Coinbase highlighted flaws in the SEC’s proposed exchange definition, and Ethereum’s supply exceeded 120 million ETH. DeFi markets saw fluctuations, with some of the top 100 cryptocurrencies ending the week in the red.
