Solana TVL reaches nearly $9.8 billion, up about 600% in 12 months
Solana's total locked-in value (TVL) has reached $9.77 billion, a significant expansion from $1.4 billion a year ago, with TVL increasing by approximately 600% in 12 months, according to The Block. Solana's eco-leading DEX Raydium accounted for $2.59 billion of the total TVL, underscoring the network's growing demand for decentralized trading infrastructure. Additionally, Solana's TVL, while sizable, is still relatively small compared to Ether's $68 billion, suggesting that the ecosystem has potential room for further growth.
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