etsuoolsjone
@etsuoolsjone
The Solana ecosystem's TVL growth has drawn significant attention, with data showing a notable impact on SOL price. As of March 17, 2025, Solana's TVL has risen to $6.433 billion (October 2024), a two-year high, driven by DeFi expansion. Historically, SOL price correlates with TVL surges—peaking at $293.31 in January 2025 amid high network activity. Recent data indicates a 461.08% yearly SOL price increase in 2024, alongside TVL growth outpacing Ethereum and BNB Chain (27% surge in January 2025). While TVL growth boosts SOL demand, broader market dynamics also influence its price trajectory.
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