Solana’s (SOL) bullish rebound is in full swing—the network just reclaimed a $100B market cap for the first time since January, while its DeFi TVL surged to $10.45B, marking a six-month high.
Key Metrics Show Solana’s Strength
💰 SOL Price: $194.62 (up sharply from recent lows)
📊 Market Cap: ~$105B (highest since Jan. 25)
🔒 DeFi TVL: $10.45B (best since January peak)
🔄 DEX Volume: $22.58B (up from $18.5B last week)
What’s Driving the DeFi Surge?
1️⃣ SOL Price Recovery – Since TVL includes SOL deposits, its rise boosts total value
2️⃣ DEX Activity Heating Up – Raydium, Orca, and Meteora lead with $8.4B, $5.9B, and $5.3B in weekly volume
3️⃣ Staking Still Strong – 355M SOL ($69B) locked in validators (not counted in TVL)
Note: TVL measures deposits in DeFi protocols, not staked SOL or exchange-held tokens.
How Close Is Solana to Its All-Time Highs?
- Market cap nearing January’s peak
- DEX volume still below January’s $98B frenzy
- DeFi TVL recovering, but not yet at record levels
What’s Next for SOL?
✅ If bullish momentum continues, SOL could retest $200+
⚠️ Watch macro trends & BTC dominance for broader market cues