Solana ($SOL) Protocol TVL Dominance Rises Nearly 50% as Developer Activity Grows: Report

The total value locked (TVL) on the Solana blockchain’s decentralized finance (DeFi) space has trended downwards in U.S. dollar terms over the past three months, dropping a total of 45.9% from $3.94 billion to $2.13 billion. According to CryptoCompare’s latest Asset Report, the dominance of the five largest protocols on the network has nevertheless risen […]