BoBo-R
@bobo-r
Solana’s ecosystem TVL surged to $8.01B in December 2024, driven by DeFi protocols like Jito ($2.66B TVL) and Raydium. This 250% yearly increase correlates with SOL’s 461% price rise to $133.38, as higher TVL signals adoption and liquidity, boosting demand. However, a 12% TVL drop ($1.1B) in December 2024 led to a 28% SOL price decline, showing sensitivity. TVL growth significantly drives SOL price, but volatility and network stability remain risks.
0 reply
0 recast
1 reaction