๐ **Solana-Based DeFi Protocols See Rapid Growth** ๐
According to data from DeFiRama cited by cryptocurrency specialized media Woo Blockchain, several Solana (SOL)-based liquidity staking protocols have experienced significant growth in Total Value Locked (TVL) over the past month:
- Zito TVL increased by 68.15%.
- Marinade TVL increased by 22.91%.
- Raido TVL increased by 14.38%.
Additionally, the SOL staking ratio, which represents the percentage of staked SOL volume compared to the total supply, was approximately 71.3%.
This data suggests growing interest and participation in DeFi activities within the Solana ecosystem.
#Solana #DeFi #CryptoNews ๐๐๐ช