Solana Ecosystem Explosion: Meme Coins and DeFi Dual-Driven
In 2024, Solana (SOL) became one of the most active public chains, attracting a large number of developers and users with its high performance and low transaction fees. Meme coins like BONK and WIF sparked a speculative frenzy, while DeFi projects like Jupiter and Raydium saw rapid growth in their Total Value Locked (TVL). Solana's smartphone Saga even increased in price due to a surge in demand. Although network congestion issues occasionally arise, SOL has firmly established itself in the top five by market capitalization, becoming Ethereum's most formidable competitor. Investors should pay attention to the leading DEX and infrastructure projects within the Solana ecosystem.
