Solana TVL Reaches New Record High of $42.4 Billion

Solana’s total value locked (TVL) has hit a new all-time high, soaring to an impressive $42.4 billion across its various applications. This surge signifies the blockchain’s growing prominence in the decentralized finance (DeFi) sector and the increasing confidence of users within its ecosystem. TVL acts as a key metric for measuring the total value deposited into DeFi protocols, with Solana’s significant jump indicating robust momentum.