bullish

Solana

Bitcoin

Read

Coin

<ul class="wp-block-list news-points">
 <li><strong>Solana’s TVL reached a remarkable $6.468 billion on Tuesday.</strong></li>
 <li><strong>The new level marks the highest Solana TVL since January 2022.</strong></li>
 <li><strong>Solana’s TVL trajectory highlights the sustained bullish outlook in SOL’s price.</strong></li>
</ul>
<p>Solana’s total value locked (TVL) reached an impressive $6.468 billion on Tuesday, October 22nd, its highest point since January 2022, according to DeFiLlama <a href="https://defillama.com/chain/Solana" target="_blank" rel="noopener noreferrer nofollow">data</a>. This milestone confirms the altcoin’s renewed bullish momentum, with SOL’s price remaining bullish for most of the year.</p>
<p>A visual representation of the TVL shows a steady upward trend since the beginning of 2024, when it started at $1.417 billion. Aside from pullbacks in April, July, and August, Solana’s TVL has been predominantly bullish, rising steadily alongside the price of SOL.</p>
<div class="wp-block-image">
 <figure class="aligncenter is-resized"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcSVv0Zut1QUZW7P1AoKUGFvpjihuEAI-7qCYuHEsd3CcFCpUP6ho4c5QODudksm2D-qIavKKo0166oLTbsb952hNR0TST0cOp9CmuzT2b_HF0hsFy7fTjJ4YPamfmVMcRybE2kqEjt6yaX5DxHXIFlppHv?key=IQHTDb2yetQ2KTadY1nnQg" alt="" style="width: 100%;height:auto">
  <figcaption class="wp-element-caption">
   Solana TVL on <a href="https://defillama.com/chain/Solana" target="_blank" rel="noopener noreferrer nofollow">DeFiLlama</a>
  </figcaption>
 </figure>
</div>
<h2 class="wp-block-heading" id="h-solana-tvl-on-defillama">Solana TVL on DeFiLlama</h2>
<p>SOL has been one of the best-performing altcoins in 2024, both in price appreciation and overall trend. The altcoin has maintained a bullish outlook for nearly the entire year. Starting its rally in September 2023, SOL surged over 1,000% to reach a yearly high of $209.9 in March 2024.</p>
<p class="has-text-align-center"><strong><a href="https://coinedition.com/bitcoin-solana-surge-market-prediction-hints-at-further-upside/" rel="noopener noreferrer nofollow">Read also: Bitcoin &amp; Solana Surge: Market Prediction Hints at Fur…</a></strong></p>
<p>The post <a href="https://coinedition.com/solana-tvl-hits-6-4b-highest-since-january-2022-sol-price-surges/" rel="noopener noreferrer nofollow">Solana TVL Hits $6.4B, Highest Since January 2022, SOL Price Surges</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Solana TVL Hits $6.4B, Highest Since January 2022, SOL Price Surges

Table of Contents

Coin Edition

Other articles published on Oct 23, 2024

Vietnam announces blockchain strategy, aims to lead Asia by 2030

Alliance accelerator: DAO and NFT are out, DeFi is in for crypto startups in 2024

Bitcoin Fails to Surpass $70,000: Market Volatility Expected to Increase

New Solana Memecoin Musk to Mars (MUSKMARS) Will Skyrocket 16,000% Ahead of Exchange Listing

Bitcoin Drops as Sellers Impact Altcoin Performance

Binance- New Development in Nigeria Crisis! The Expected Good News Came Months Later!

Join our free newsletter for daily crypto updates!