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Solana’s price surge has pushed its market cap past $105 billion, while DeFi TVL and DEX volumes show renewed activity. However, experts caution that true adoption may lag behind headline figures. The network’s staking dominance and bullish sentiment suggest continued momentum.
- Solana's DeFi TVL hit $14.18B, matching January levels but driven largely by price appreciation rather than new deposits.
- DEX weekly volume reached $22B, with Raydium ($8.4B) and Orca ($6B) leading, though still 78% below January's peak.
- 65% of SOL's circulating supply ($69B worth) is staked for network security, creating a significant locked supply.
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