Solana’s Growth Spurt Fuels DeFi Boom with $8.6B TVL

Solana’s DeFi landscape is booming, with locked value surpassing $8.6 billion in Q2 2025, a figure second only to Ethereum. This growth has been driven by increased adoption of Real-World Assets (RWAs) and a strong staking ecosystem. The network’s App Revenue Capture Ratio (RCR), as measured by Messari data, surged to 211.6% during Q2, indicating substantial revenue generation for applications on the blockchain. Pump.fun, a Solana-based memecoin platform, reached a six-month high in weekly revenue, highlighting the increasing activity and profitability within the ecosystem.