Solana TVL drops 30% amid LIBRA scandal, raising concerns about DeFi stability

Solana's Total Value Locked (TVL) has declined by nearly 30%, hitting a low of $9.90 billion, largely due to the LIBRA rug pull scandal. Although it has recovered slightly to $10.3 billion, concerns remain over the stability of Solana's DeFi ecosystem. The drop in TVL has coincided with a decline in the price of Solana [SOL], which is currently trading at $173.66