Solana’s TVL Hits Record High of $12.1 Billion

Solana has hit a major milestone, with its total value locked (TVL) surpassing $12.1 billion, according to Cointelegraph on September 11, 2025. This surge reflects the strong adoption of decentralized finance (DeFi) protocols within the Solana ecosystem. The network’s high transaction speed and low costs have fueled this growth, particularly in DeFi applications and NFT projects. The TVL’s significant jump from around $4 billion in mid-2023 to its current record high signifies a robust and expanding ecosystem. )