The Solana network has seen a surge in user demand and network inflows, pushing its decentralized finance (DeFi) total value locked (TVL) to an all-time high of over $13 billion. 

As buying activity grows, SOL’s price has also surged nearly 25% in the past week. The question now is whether this wave of network growth will be enough to propel the altcoin back to record price levels.

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Solana DeFi TVL Rockets to ATH as User Activity Surges 

According to DefiLlama, Solana’s DeFi TVL is at an all-time high of $13.38 billion, having rocketed by 18% in the past week. 

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According to DeFiLlama, Solana’s DeFi TVL currently sits at an all-time high of $13.38 billion, rocketing by 18% in the past week. This surge is a clear marker of increased capital inflows into Solana’s DeFi protocols, a trend that can only be sustained when there is a Go to Source to See Full Article
Author: Abiodun Oladokun