TechFlow reports that Solana Labs has launched an incubation program aimed at attracting startups to build on the Solana blockchain. The initiative seeks to persuade developers and teams to choose Solana while also drawing builders from other blockchains.
The program is designed to support startups by offering engineering guidance, market strategy advice, fundraising support, and opportunities to connect with venture capital firms. Solana Labs did not disclose how much funding it will allocate to the incubator.
Although Solana's daily active addresses have declined, the Solana Foundation maintains this does not reflect a reduction in "actual" users.
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