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Solana exceeds US$ 6.1 billion in TVL and breaks record
The Solana network has hit a new all-time high for total value locked (TVL), surpassing $6.1 billion. This is the highest level since January 2022.
TVL is the total value of assets deposited by users into a project. Thus, a growing TVL is often an indicator of increasing user trust and engagement with the platform.
TVL exceeds $6.1 billion with 40 million SOL locked
Along with the record TVL, data from DefiLlama shows that, as of Tuesday (15), more than 40 million SOL tokens are locked in DeFi protocols. This number has been growing steadily since the 14 million SOL at the beginning of 2024.
TVL is the total value of assets deposited by users into a project. Thus, a growing TVL is often an indicator of increasing user trust and engagement with the platform.
TVL exceeds $6.1 billion with 40 million SOL locked
Along with the record TVL, data from DefiLlama shows that, as of Tuesday (15), more than 40 million SOL tokens are locked in DeFi protocols. This number has been growing steadily since the 14 million SOL at the beginning of 2024.
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