Is $SOL Still the DeFi Powerhouse?
@Solana has dominated the web3 meme culture in recent months, while still holding its place in DeFi and increasing stablecoin relevance.
But will $SOL still be relevant long-term? 🧵👇
1/6 Ecosystem Adoption
$SOL powers one of the fastest-growing ecosystems:
→ $12.5B TVL
→ 1K+ dApps & 2K+ validators
→ @jito_sol, @KaminoFinance, @RaydiumProtocol, etc rely on Solana
2/6 Platform Growth
Expanding utility and use cases for $SOL:
→ 100M+ daily txns
→ 50% of fees burned
→ 67% staked supply + 4-7% APY.
→ Consistently top 3 for DeFi TVL.
3/6 Real-World Use Cases
$SOL powers:
→ Payments: USDC, @solanapay.
→ NFTs: @MagicEden
→ Gaming: @staratlas + 100+ web3 games
These expanding utilities increase $SOL demand.
4/6 Institutional Demand
Rising institutional interest in Solana:
→ $1.8B in SOL held by 13 public companies
→ Investments by @GalaxyDigital & @PanteraCapital
→ Solana Ventures increased grants.
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