📢Solana celebrates a year without network failures as ecosystem thrives
A Q4 2024 report from Messari revealed that the network’s total app-generated revenue jumped 213% quarter-over-quarter (QoQ), reaching $840 million.
The DeFi sector in Solana has also experienced rapid expansion. Total value locked (TVL) climbed 64% QoQ to $8.6 billion, surpassing Tron and positioning Solana as the second-largest DeFi ecosystem. When measured in SOL, TVL rose 28% to 46 million SOL.
