Solana News: DeFi Ecosystem Surpasses $10 Billion in TVL

Solana's DeFi ecosystem has achieved a remarkable milestone by surpassing $10 billion in Total Value Locked (TVL) for the first time in three years. This milestone highlights Solana's recovery from the FTX collapse and a renewed confidence in its ecosystem. The growth is driven by advancements in protocol technology, increased stablecoin liquidity, and the attraction of both retail and institutional investors. Key protocols like Solend have played a significant role in this resurgence.

Solana DeFi Hits $10 Billion in TVL – How and Why?

Solana's DeFi ecosystem has reached a significant milestone by surpassing $10 billion in Total Value Locked (TVL) for the first time in three years. This achievement underscores Solana's recovery from the FTX collapse and a renewed confidence in its ecosystem. The growth is attributed to advancements in protocol technology, increased stablecoin liquidity, and the attraction of both retail and institutional investors. Key protocols like Solend have played a crucial role by offering efficient lending and borrowing services. As the crypto market turns bullish in 2025, the potential for further growth in Solana's TVL is a key point of interest.

Solana Hits $277 All-Time High as Open Interest Soars to $8 Billion

The buzz around the meme coin ahead of Donald Trump’s January 20 inauguration has fueled substantial trading activity on the Solana network, propelling SOL’s price and on-chain metrics to record levels. Solana-based TRUMP has captured significant market attention since it launched unexpectedly on Saturday. This has led to a surge in activity on the Solana network, which has, in turn, driven up the value of its SOL coin. On January 18, SOL climbed to a new all-time high of $277.99. While it has since witnessed a 1% price correction, the demand for the altcoin remains high. This is reflected by its open interest, which continues to grow. As of this writing, this sits at an all-time high of $8.57 billion, surging 25% over the past 24 hours.

TRUMP Meme Coin Rollout Sparks Outrage Ahead Of Presidency

A day before officially becoming the 47th President of the United States, Donald Trump has launched a controversial meme coin named after himself on the Solana blockchain. The TRUMP meme coin, launched on January 17, has sparked significant discussion and backlash, with critics questioning the ethics of an incoming President engaging in such a venture. The move has drawn widespread criticism from the cryptocurrency community and beyond.

Solana Experiences A ‘Scary Sweep’ After Breaking ATH – SOL To $600?

Solana (SOL) has recently reached all-time highs, following a dramatic 4-hour price sweep aimed at shaking out weak hands. Despite the initial scare, SOL has shown remarkable resilience, surging over 62% since Monday. This rally has captivated investors and underscores Solana's strength in the market. Top analyst Jelle provided insights into the psychological impact of the recent sweep, noting that the sharp dip instilled fear among traders, similar to last month's volatile candle. However, the technical outlook remains bullish, with Jelle maintaining an optimistic target for SOL. This price action has further solidified Solana's position as a leading cryptocurrency.