Crypto attracted 2.67 billion USD in July thanks to Pump.fun and stablecoin

Last month, cryptocurrency projects attracted 2.67 billion USD in investment, equivalent to 85% of the total amount raised in the second quarter.

According to data from DefiLlama, this figure is more than 6% higher than in June, when crypto startups exceeded 2.5 billion USD. This is also the second largest month for investment capital since the beginning of the year, only behind March with 3.5 billion USD. Notably, the pre-sale of Pump.fun contributed nearly 1 billion USD before the token launch, significantly contributing to the results of July.

Major investments in reserves (treasury)

In the "Investments" category that DefiLlama tracks, crypto companies have received a total of 512 million USD in investments.

• BitMine leads with 250 million USD to add Ethereum to the reserves.
• Upexi ranks second with 200 million USD to buy Solana.

These two transactions accounted for 88% of the total investment in the "Investments" portfolio for July.

Stablecoin Infrastructure Rises

The "Stablecoin infrastructure" sector has also attracted strong interest, with 352.5 million USD invested in projects.

• OSL Group ( Hong Kong ) raises 300 million USD for global expansion.
• RD Technologies ( Hong Kong ) received 40 million USD to develop a regulatory-compliant stablecoin system, including from issuance to distribution.

DeFi remains strong even without considering Pump.fun

Excluding contributions from Pump.fun, DeFi projects still raised 107 million USD — a remarkable figure compared to many other sectors.

• Kuru receives 11.6 million USD to build the centralized limit order book (CLOB) on the Monad infrastructure.
• GAIB raises 10 million USD to develop a decentralized economy layer tokenizing GPUs and revenue from GPUs.
• Falcon Finance received 10 million USD from World Liberty Financial to develop an overcollateralized stablecoin (.

Blockchain infrastructure continues to attract investment

The "Infrastructure" sector has also raised over 100 million USD.

• Bitzero raised 25 million USD in a Series B funding round to expand its mining operations.
• xTAO receives 22.8 million USD to continue supporting and expanding the Bittensor ecosystem.
• Soluna raised 20 million USD to upgrade operations, including Bitcoin mining using green energy.
• Euphoria on MegaETH raises 7.5 million USD for crypto derivatives app development
• Framework Ventures leads a $9 million funding round for the AI Web3 project Perle

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