RoYoK
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Bearish
👱🏻♂️🇺🇲 TRUMP memecoin helped Solana's TVL jump to $12 billion 🌟
The launch of the official Trump memecoin on Solana boosted SOL's TVL and price to new all-time highs at the expense of rival Ethereum.
😱 SOL's impressive performance over the past few days can be attributed to the memecoin associated with US President-elect Donald Trump, Official TRUMP (TRUMP), which has boosted interest in Solana, leading to a surge in both its price and trading volume.
Additionally, the total value locked (TVL) of the Solana network crossed the $10 billion mark for the first time since November 2022 and hit a new all-time high of over $12 billion.
Solana TVL hits new all-time high of $12B
The frenzy around the Official TRUMP memecoin on Solana sent the SOL/USD pair soaring to all-time highs on Jan. 19, alongside a spike in total value locked (TVL).
On Jan. 20, DApps on the Solana network collectively held over $12 billion worth of SOL, representing an increase of nearly 50% over the past seven days, according to data from DefiLlama.
#TrumptMarketInsights $SOL
$TRUMP
The launch of the official Trump memecoin on Solana boosted SOL's TVL and price to new all-time highs at the expense of rival Ethereum.
😱 SOL's impressive performance over the past few days can be attributed to the memecoin associated with US President-elect Donald Trump, Official TRUMP (TRUMP), which has boosted interest in Solana, leading to a surge in both its price and trading volume.
Additionally, the total value locked (TVL) of the Solana network crossed the $10 billion mark for the first time since November 2022 and hit a new all-time high of over $12 billion.
Solana TVL hits new all-time high of $12B
The frenzy around the Official TRUMP memecoin on Solana sent the SOL/USD pair soaring to all-time highs on Jan. 19, alongside a spike in total value locked (TVL).
On Jan. 20, DApps on the Solana network collectively held over $12 billion worth of SOL, representing an increase of nearly 50% over the past seven days, according to data from DefiLlama.
#TrumptMarketInsights $SOL
$TRUMP
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