Institutional bets to push Solana’s TVL to $12.1 billion – but can that last?
Source: CoinWorld
Time: 2025-09-10 23:44:50
Solana’s DeFi protocol drives its total lock-in value (TVL) to a record $12.1 billion in 2025, thanks to a $12.5 billion stablecoin base. TVL has soared 15% in the past month and 6% in 24 hours, thanks to institutional investors’ interest and whale activity, including the transfer of $80.7 million to Kamino. However, sustainability issues remain due to high token incentives and low fees, and weekly DEX trading volumes fell by 8.3%. Ethereum’s TVL is $92 billion, showing more stable growth supported by strong institutional inflows and Layer-2 performance.