the total value locked (TVL) in its decentralized finance (DeFi) sector has plummeted by $10 billion, indicating a significant cooling in demand for the $SOL token. As of December 12, 2025, this decline is compounded by a noticeable slump in memecoin trading activity, which has historically drawn speculative interest to the platform.


The reduction in TVL reflects broader market trends, where traders appear increasingly hesitant to engage in long leverage positions. This cautious sentiment among market participants could further exacerbate the challenges facing Solana ( $SOL), as reduced trading volume and liquidity may hinder recovery efforts.


Analysts suggest that the combination of dwindling memecoin demand and a contraction in DeFi activity presents a complex landscape for Solana ( $SOL) moving forward. The implications of these shifts could resonate throughout the broader altcoin market, as investors reassess their strategies in light of changing conditions.



#Macro Insights# #Altcoin Season# #CMC Quest: Earn Rewards#

image
December 13, 2025 at 11:40 AM
7
28
3
2
2