Solana’s DeFi ecosystem has skilled explosive progress over the previous 12 months, with Whole Worth Locked (TVL) practically tripling.
In line with DeFiLlama, Solana’s TVL stood at $4.63 billion in September 2024 and has since surged to $12.27 billion in September 2025, marking a exceptional 165% enhance.
This milestone represents Solana’s highest-ever TVL, inserting it firmly among the many top-performing blockchains in decentralized finance. Analysts level out that Solana’s locked worth now exceeds the mixed totals of main Ethereum Layer-2 networks, together with Arbitrum, Optimism, and Base. The chain’s potential to supply high-speed transactions with minimal charges continues to draw liquidity, builders, and merchants.
A wave of sturdy performances from Solana’s flagship protocols has fueled the rally. Raydium, a key decentralized change, recorded greater than 30% progress in a single month, whereas Jupiter DEX, Jito’s liquid staking, and the Sanctum protocol additionally posted vital inflows. This regular enlargement throughout a number of sectors has strengthened Solana’s place as a various and resilient DeFi hub.
Past person adoption, institutional participation can be beginning to play a task. With rising credibility and ongoing upgrades to community scalability and reliability, Solana has been capable of shed its previous considerations about outages and concentrate on sustainable enlargement.
The truth that Solana’s TVL has grown nearly threefold in only one 12 months underscores how shortly sentiment can shift in crypto. As DeFi exercise consolidates round environment friendly and user-friendly ecosystems, Solana appears more and more well-positioned to stay a frontrunner within the subsequent part of decentralized finance.
