--- title: Nine crypto VCs weigh in on why Q1 investments were so... description: Q1 2024 has seen a significant increase in capital raised in the crypto and blockchain sectors. Positive legal wins, decentralized finance (DeFi) on Solana,... canonical: https://daily.dev/posts/nine-crypto-vcs-weigh-in-on-why-q1-investments-were-so-hot-and-how-it-compares-to-the-previous-bull--6ul1196ea twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Nine crypto VCs weigh in on why Q1 investments were so hot and how it compares to the previous bull market | daily.dev og:description: Q1 2024 has seen a significant increase in capital raised in the crypto and blockchain sectors. Positive legal wins, decentralized finance (DeFi) on Solana,... og:url: https://daily.dev/posts/nine-crypto-vcs-weigh-in-on-why-q1-investments-were-so-hot-and-how-it-compares-to-the-previous-bull--6ul1196ea og:image: https://api.daily.dev/og/posts/6ul1196EA.png og:image:alt: Nine crypto VCs weigh in on why Q1 investments were so hot and how it compares to the previous bull market og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Nine crypto VCs weigh in on why Q1 investments were so hot and how it compares to the previous bull market **[TechCrunch](https://daily.dev/sources/tc)** · 10 min read · 0 upvotes · 0 comments ## Summary Q1 2024 has seen a significant increase in capital raised in the crypto and blockchain sectors. Positive legal wins, decentralized finance (DeFi) on Solana, and bitcoin ETF approvals have contributed to the heating up of the crypto VC landscape. Sectors such as SocialFi, Web3 gaming, and crypto and AI are experiencing increased activity. Founders have greater leverage in fundraising, and valuations are spiking. The tokenomic come back is driving VCs to accept lofty valuations in private rounds. The rest of 2024 is expected to see continued VC activity, with potential market frenzies. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: --- Tags: [#blockchain](https://daily.dev/tags/blockchain), [#decentralized-finance](https://daily.dev/tags/decentralized-finance) [View this post on daily.dev](https://daily.dev/posts/nine-crypto-vcs-weigh-in-on-why-q1-investments-were-so-hot-and-how-it-compares-to-the-previous-bull--6ul1196ea) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Nine crypto VCs weigh in on why Q1 investments were so hot and how it compares to the previous bull market","url":"https://daily.dev/posts/nine-crypto-vcs-weigh-in-on-why-q1-investments-were-so-hot-and-how-it-compares-to-the-previous-bull--6ul1196ea","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/nine-crypto-vcs-weigh-in-on-why-q1-investments-were-so-hot-and-how-it-compares-to-the-previous-bull--6ul1196ea"},"datePublished":"2024-03-29T18:29:15.094Z","dateModified":"2024-05-09T09:06:08.895Z","description":"Q1 2024 has seen a significant increase in capital raised in the crypto and blockchain sectors. 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