๐Ÿ“Š **Solana-Based DeFi Protocols See Rapid Growth** ๐Ÿš€

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 ๐ŸŒ๐Ÿš€๐Ÿช™