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news-imageNovember 4, 2024

Solana's DeFi Ecosystem Expands to $5.7 Billion TVL as Platform Gains Users and Institutional Interest

Solana's DeFi ecosystem reaches $5.7 billion TVL in Q3 2024, driven by Kamino Finance's growth, high user activity, and increased institutional interest despite fluctuations in DEX trading volumes.
Publisher: Blockonomi
Sentiment: Positive
SOL

More News Articles

Positive
cover-imageThe Currency Analytics
November 27, 2024

Solana's Path to Top 3: SOL Price Surge Could Flip Tether

Solana (SOL) is rapidly emerging as a strong contender in the cryptocurrency market, with recent price action displaying resilience even amid broader market downturns. While Bitcoin (BTC) experienced a significant drop, falling below the $95,000 mark, Solana continued to show strength, recently breaking its all-time high (ATH) of $262.

Neutral
cover-imageCoingape
November 26, 2024

Solana's Pump Fun Denies SOL Sale Despite $138M Deposit to Kraken

Pump fun, a platform integral to the Solana ecosystem, has denied claims that it sold 99,999 SOL valued at $22.74 million after transferring the tokens to the Kraken exchange. Blockchain analytics platform Lookonchain had suggested the possibility of a sale following the large transaction, but Pump.fun clarified that no evidence supports such claims.

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