Crypto funding fell 30% in August to $1.9 billion

Crypto protocols’ funding dropped 30% in August to $1.9 billion from July’s $2.67 billion, according to data from ￰0￱ this decline, venture capital raises were consistent with July’s levels, supported by the $600 million generated from PUMP’s public ￰1￱ projects especially attracted investments across infrastructure and trading platforms in August, bringing third-quarter totals to $4.57 billion, already edging past Q2’s $4.54 billion in just two ￰2￱ Crypto says lower valuations on new launches have led to stable price performance In a Thursday X post , market analyst Daan Crypto Trades argued that investor interest has pivoted from continuous new-chain launches to treasury firms developing on existing ￰3￱ noted that capital is now concentrated in liquid markets, reducing the amount of raises for new chains and similar ventures.

Still, he argued that this trend is healthy for the market.