Solayer

Solayer, a company focused on enhancing the scalability and security of the Solana blockchain, has announced the successful completion of a $12 million seed funding round. The round was led by Polychain and Hack VC, with the funds aimed at developing Solayer's integrated restaking network on Solana. This network is designed to improve transaction processing and mitigate issues like spam and congestion on the Solana network. The company has already achieved significant milestones, including $190 million in total value locked (TVL) and a growing user base.