Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Solana TVL reaches nearly $9.8 billion, up about 600% in 12 months

Solana TVL reaches nearly $9.8 billion, up about 600% in 12 months

Bitget2025/01/23 22:40

Solana's total locked-in value (TVL) has reached $9.77 billion, a significant expansion from $1.4 billion a year ago, with TVL increasing by approximately 600% in 12 months, according to The Block. Solana's eco-leading DEX Raydium accounted for $2.59 billion of the total TVL, underscoring the network's growing demand for decentralized trading infrastructure. Additionally, Solana's TVL, while sizable, is still relatively small compared to Ether's $68 billion, suggesting that the ecosystem has potential room for further growth.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!