Solana’s DeFi Dominance: Record TVL and Price Surge Signal Strong Growth

Solana has emerged as a powerhouse in the decentralized finance (DeFi) space, outperforming Ethereum’s layer-2 solutions with a record total value locked (TVL) of $10.9 billion. Driven by native protocols like Raydium, Jito, and Marinade, Solana’s ecosystem has demonstrated robust growth and adoption. Between May 6 and 10, SOL’s price surged by 24.8%, supported by strong on-chain metrics. With 65% of its supply actively circulating, SOL’s current price stands at 180.74 USDT, reflecting heightened investor confidence and market momentum.

Solana’s DeFi Ecosystem Outperforms Ethereum Layer-2 Solutions with Record TVL

Solana has cemented its position as a dominant force in decentralized finance, surpassing all ethereum layer-2 solutions in total value locked (TVL). The blockchain’s native protocols—Raydium, Jito, and Marinade—have driven its TVL to an all-time high of $10.9 billion, signaling robust growth and adoption.

SOL’s price surged 24.8% between May 6 and 10, supported by strong on-chain metrics. With 65% of its supply staked, selling pressure remains subdued, further bolstering its upward momentum. Solana’s rise reflects a broader shift in DeFi dynamics, where speed and scalability are increasingly valued.

Solana Price Prediction: SOL Surges Beyond $180 With Strong On-Chain Signals

Solana’s SOL breached the $180 mark, overcoming a key resistance level at $175. Institutional interest is mounting, with DeFi Development Corp acquiring an additional 172,670 SOL worth $23.6 million, bringing its total holdings to nearly 600,000 SOL. On-chain metrics remain robust, yet market participants tread cautiously amid mixed signals.

The institutional vote of confidence underscores Solana’s growing appeal in the digital asset space. Price action now hinges on whether buy pressure can sustain momentum or if profit-taking will trigger a pullback.

Solana’s Resistance Breach Of $183 Trigger Bulls, How Far This SOL Rally Will Go?

Solana has surged back to $185, marking its highest level in nearly three months. The cryptocurrency retested the $183 resistance level today, with a confirmed breach likely to fuel further bullish momentum. With 65% of SOL’s total supply staked, the network’s total value locked (TVL) stands at a robust $10.9 billion.

Network fee collection has risen significantly, and potential ETF approvals loom as catalysts for future growth. SOL’s 35% monthly gain has reignited trader interest, placing it back on the top watchlists. The altcoin now trades at $180, having established key support levels at $179.7 and $180.49.

Solana Network Sees Surge in Non-Zero Addresses as SOL Nears $200

Solana’s blockchain activity is accelerating, with non-zero addresses holding at least 0.1 SOL jumping to 11.04 million in two weeks. Analyst Ali Martinez highlights this surge as evidence of growing adoption and long-term holding sentiment.

The fifth-largest cryptocurrency by market cap gained 24.7% to $181.91, approaching the key $200 psychological level. On-chain metrics suggest heightened DeFi engagement and accumulating behavior among investors.

Santiment data confirms SOL has become one of crypto’s most discussed assets, reflecting its resurgence after the FTX collapse. The network’s technical improvements and meme coin activity are driving renewed interest.