Solana Achieves Record Total Value Locked of $12.11 Billion
- On Sept. 9, Solana (SOL) reached an all-time high of $12.11 billion in total value locked (TVL), surpassing its previous record of nearly $12 billion set on Jan. 23.
- The TVL increased by 15% over the past month, driven by growth across major DeFi protocols.
- Jupiter leads with a TVL of $3.3 billion, followed closely by Jito at $3.2 billion and Kamino at $3.1 billion.
- Seven out of eight protocols with over $1 billion in TVL reported double-digit monthly gains, with increases ranging from approximately 12% to over 33%.
- Institutional interest is rising, highlighted by Forward Industries’ investment of $1.6 billion in SOL for treasury diversification.
The significant increase in Solana’s TVL positions it prominently among blockchain ecosystems, particularly compared to Ethereum layer-2 solutions like Base, which has a TVL of $4.8 billion—less than half that of Solana’s current figure.
With a new record of $12.11 billion in TVL and strong institutional backing, Solana is solidifying its status as a leading player in the DeFi space.(Source)
