Solana Stays Atop DeFi Project with Massive $22.39B in 7-Day DEX Volume and $9.44B in TVL

By: blockchainreporter|2025/05/13 19:45:04

Solana ($SOL) is making significant progress, claiming the top spot in the DeFi sector, as the market data shows noteworthy hikes in its statistics. At present, Solana accounts for up to $22.39B in its decentralized exchange (DEX) trading volume over the week, outcompeting the rest of the blockchains while standing at a nine-week high position. This massive volume surge signifies the growing prominence of Solana as a DeFi hub.Solana’s TVL Rises to $9.44B, Marking Peak Level after FebruaryApart from the DEX volume of Solana ($SOL), its total value locked (TVL) has also jumped to a significant extent. In this respect, the TVL of the well-known blockchain project has reached $9.44B. This highlights a return to the levels that were not witnessed since February this year. Additionally, this reflects the project’s unparalleled liquidity velocity throughout the crypto world.Simultaneously, the price of Solana’s flagship $SOL coin has also climbed to $172.88, led by rising investor confidence. Concurrently, the other considerable factors adding to this include the growing on-chain activity, the heightened inflows, as well as the surging investor confidence. This development takes place amid an amplified momentum across the wider DeFi ecosystem.Solana Gains Momentum with DeFi Growth and Multi-Chain Expansion A great number of consumers keep registering for the latest protocols and interact with advanced decentralized applications. Along with that, the expansion of Solana’s multi-chain protocol (MCP) has also contributed to this substantial upsurge while enabling private swaps and cross-chain profitability with the least friction.According to the exclusive market overview, the rising activity in the Solana ecosystem has added several new holders. Moreover, the innovation, liquidity expansion, and increasing investor optimism are shaping the future of Solana in the DeFi landscape. Together, such features can assist the popular blockchain platform to become a player in the market.

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...

Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats

"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."

Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing

Overview of Important Market Events on April 29

Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions

The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...