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CryptoBasic analyzed on December 27th that the recent surge in Solana (SOL) was primarily driven by the growth of the DeFi ecosystem platform and increased activity among whales and users. SOL has experienced a significant rally since October, rising from $21 to $126, overtaking Binance Coin (BNB) in market cap rankings. The total value locked (TVL) in Solana-based DeFi platforms has grown fivefold, surpassing $1.5 billion. Additionally, whale activity in SOL has increased, along with a surge in monthly active addresses from 10.45 million in November to 17.26 million in December. #SolanaInsights #CryptoRally ๐Ÿš€๐Ÿ“ˆ๐Ÿ‹

CryptoBasic analyzed on December 27th that the recent surge in Solana (SOL) was primarily driven by the growth of the DeFi ecosystem platform and increased activity among whales and users. SOL has experienced a significant rally since October, rising from $21 to $126, overtaking Binance Coin (BNB) in market cap rankings. The total value locked (TVL) in Solana-based DeFi platforms has grown fivefold, surpassing $1.5 billion. Additionally, whale activity in SOL has increased, along with a surge in monthly active addresses from 10.45 million in November to 17.26 million in December. #SolanaInsights #CryptoRally ๐Ÿš€๐Ÿ“ˆ๐Ÿ‹

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