Solana ranked first in public fundraising across blockchains over the trailing 12 months, with $884 million raised across its ecosystem, per CryptoRank's ICO analytics dashboard. Ethereum placed second at $529 million, followed by BNB Chain at $451 million — together accounting for the majority of public capital deployed into the sector during the period.
Why it matters
The gap between Solana and Ethereum has roughly doubled versus prior fundraising cycles, reflecting a market that is concentrating capital into chains with proven developer throughput and an active on-chain user base rather than narratives alone. Public market investors are now reading on-chain metrics as part of their due diligence, treating ecosystem activity as a forward indicator of where liquidity and listings will follow.
Market impact
The data point lands as SOL trades around $67 on a circulating supply near 580 million tokens, with daily volume above $1.3 billion — a liquidity base large enough to absorb the kind of token unlocks the fundraising figure implies. Watch the next two quarterly token unlock schedules: sustained fundraising leadership combined with orderly unlock flow is the structural bull case for continued SOL bid.
Source: [Solana Price | SOL Price Today, Live Chart, USD converter, Market Capitalization | CryptoRank.io](https://cryptorank.io/price/solana)
Frequently asked questions
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How much did Solana raise in public fundraising over the last 12 months?
Solana ranked first in public blockchain fundraising over the trailing 12 months with $884 million raised across its ecosystem, per CryptoRank's ICO analytics dashboard.
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How does Solana's fundraising compare to Ethereum and BNB Chain?
Ethereum placed second at $529 million, followed by BNB Chain at $451 million. The top three ecosystems together account for the majority of public capital raised in the period.
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Why is Solana's fundraising lead significant?
The gap between Solana and Ethereum has roughly doubled versus prior cycles, indicating public market capital is concentrating around chains with measurable developer throughput and active on-chain user bases, not narrative alone.
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What is SOL's current market position?
SOL trades around $67 on a circulating supply near 580 million tokens, with daily trading volume above $1.3 billion — a liquidity base large enough to absorb the token unlocks implied by the fundraising figure.
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What should investors watch next for Solana?
The next two quarterly token unlock schedules are the structural beat to monitor. Sustained fundraising leadership combined with orderly unlock flow is the bull case for continued SOL bid.
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