Rapidly Growing Cryptocurrency Projects Raise $95 Million Despite Market Downturn

Although the cryptocurrency market is in a downturn, startup blockchain projects continue to attract strong interest from the investor community. Last week, these companies successfully raised a total of $95 million, reaffirming the industry’s steady growth trend despite valuation challenges.

Growth Opportunities Amid Market Downturn

According to analysis from NS3.AI, although the global cryptocurrency market valued at $2 trillion is undergoing a correction, this creates a unique advantage for high-quality projects. Reduced competition from less committed investors makes collaboration conditions more favorable, opening significant development opportunities for well-established startups.

As a result, current deal terms favor projects with potential, allowing startups to focus on long-term growth strategies rather than short-term financial pressures.

Notable Funding Rounds: From Sports Prediction to AI Agents

Among the standout funding rounds this week, Novig led with $75 million for a peer-to-peer sports prediction platform. This platform represents the prediction sector on blockchain, one of the industry’s key development directions.

Kresus Labs also secured $13 million to develop simplified Web3 wallets, aimed at making decentralized financial services more accessible to users. This is a crucial step in developing blockchain infrastructure for the broader public.

PlutonAI, another project, raised $2.7 million to develop autonomous AI agents in DeFi. This funding reflects the growing demand for AI solutions integrated into decentralized financial platforms.

Industry Development Outlook

These three funding rounds not only total $95 million but also clearly highlight the main development trends in the industry. Investors are seeking projects with distinct strengths: sports prediction, user-friendly Web3 technology, and AI integration in DeFi.

These investments demonstrate that, even in a declining market, truly high-quality projects can still achieve remarkable growth. This sends a positive signal to both investors and startups striving to develop innovative blockchain solutions.