Solana Dominates Blockchain Inflows And DeFi, TVL Hits $5.7 Billion

Solana is making waves in the blockchain world, leading net inflows in September with a staggering $763 million, outpacing all other blockchains combined.

‼️BREAKING: #Solana DeFi TVL Hits $5.70B, Reaching Levels Last Seen 1,000 Days Since the Peak In January 2022. pic.twitter.com/zXWQMwdP7w

— CoinEcho (@mycoinecho) October 1, 2024

This influx highlights the increasing momentum behind Solana, especially in the DeFi sector, where its total value locked (TVL) has surged to $5.7 billion, a level not seen in nearly three years since January 2022.