Solana Records $8.6B DeFi TVL, Liquid Staking Surges While NFTs Struggle

The Solana (SOL) ecosystem reported strong growth in the second quarter of 2025, led by a significant increase in decentralized finance (DeFi) activity. According to new data from Messari, Solana’s DeFi total value locked (TVL) surged 30.4% quarter-over-quarter, reaching $8.6 billion. This milestone solidified Solana’s ranking as the second-largest blockchain in terms of DeFi TVL. […]