A journey into the Solana DeFi ecosystem: everything you need to know about dApps and TVL of the chain

https://en.cryptonomist.ch/2023/12/25/a-journey-into-the-solana-defi-ecosystem-everything-you-need-to-know-about-dapps-and-tvl-of-the-In this article we delve into the Solana DeFi ecosystem, increasingly in the spotlight after the continuous price increases of SOL, which has grown by a total of 560% since the beginning of the year.

The Total Value Locked (TVL) metric of the chain, which is the sum of the capital locked within it, is reemerging after a rather disastrous 2022.

The flagship applications of the decentralized network are attracting volumes again, while new platforms are emerging at the same time, capturing the attention of the general public of web3.

Even the recent case of the BONK airdrop has given a strong positive boost to Solana’s DeFi, which is experiencing one of its most prosperous moments of 2023.

If things continue in this way, next year will be very hot for SOL and its entire ecosystem.


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