Venture capital funding in blockchain startups reached $13.6 billion in 2024, a recovery from $10.1 billion in 2023, but still below the $32.4 billion peak in 2021. The funding accounts for 4.9% of the total $279 billion in VC investments for the year. Notable highlights include Monad Labs focusing on a layer-1 smart contract network and Avalon Labs raising $10 million to expand a Bitcoin-backed DeFi ecosystem. Predictions indicate that 2025 could see a substantial increase, potentially surpassing $18 billion in investment, spurred by lower interest rates and clearer regulations. Analysts from Galaxy Research expect a 50% year-over-year growth in VC investment in crypto startups next year. Other significant funding rounds included Usual's $10 million for its decentralized stablecoin platform and Accountable's $2.3 million seed round for its privacy-focused data solutions.

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