Solana is experiencing a surge in capital inflows driven by rising on-chain demand and technological advancements, according to recent data. Solana’s total value locked (TVL) has increased significantly, exceeding $8 billion within the past month, solidifying its position as the second-largest layer-1 blockchain after Ethereum. This growth is fueled by a robust increase in decentralized exchange (DEX) activity on platforms like Raydium and Sanctum, injecting further vibrancy into Solana’s ecosystem. 📈 As a result, SOL prices have risen by 11%, reflecting growing market traction. Wallet activity demonstrates the increasing engagement of users with over 11 million wallets holding 0.1 SOL. This surge in on-chain activity is indicative of broader trends impacting related tokens, trading volumes, and derivative markets, further strengthening Solana’s financial ecosystem. The growth trajectory suggests that if sustained, Solana could rival Ethereum’s dominance in the long run. Historical data indicates a trend of increased market participation and enhanced scalability, contributing to a promising 2025 roadmap for the project. Source: Solana Labs official updates.