Solana Breaks Through $8 Billion DeFi TVL, Driven by Strong Staking Amid NFT Slump

The Solana (SOL) ecosystem experienced notable growth in the second quarter of 2025, with decentralized finance (DeFi) activity surging. According to data from Messari, Solana’s DeFi total value locked (TVL) surged 30.4% compared to the previous quarter, reaching a record $8.6 billion. This achievement solidified its standing as the second-largest blockchain for DeFi TVL. 🤯 This growth, however, came alongside contrasting performance in other areas of the ecosystem.