@nancychaplin
Solana’s ecosystem grew significantly in 2024, marked by a sharp increase in total value locked (TVL) and new project launches. Growth was driven by DeFi lending platforms, liquid staking protocols, and renewed optimism around network scalability. Solana also attracted AI and decentralized infrastructure projects, further diversifying its ecosystem. User engagement and developer activity have accelerated, reflecting renewed confidence in Solana’s performance and potential. The ecosystem’s expansion highlights Solana’s position as a competitive layer-1 chain, capable of supporting innovative applications while recovering from previous performance challenges.
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