Solana TVL Tops $10 Billion, May Indicate DeFi Rebound

• Solana TVL tops $10B

• Recovery follows outages and a dip under $3B in 2022–2023.

• Tokenized assets and AUM growth support renewed developer and investor interest.

Solana TVL surges past $10B, showing DeFi recovery and stronger network stability — read how developers and tokenized assets drive growth. Learn more with COINOTAG.

What is Solana TVL and why does it matter?

Solana TVL (Total Value Locked) measures the dollar value of assets committed to Solana-based DeFi protocols. It matters because rising TVL indicates increased user trust, liquidity depth, and developer adoption—key signals for network health and DeFi utility in 2025.

How did Solana’s TVL fall and recover?

Solana’s TVL fell from an 11.5 billion peak in mid-2022 to under $3 billion after network outages and reduced activity. Recovery began in 2024 as core protocol upgrades, improved stability, and renewed developer focus drove liquidity back into DeFi, culminating in a 2025 rebound past $10 billion.

How much tokenized assets and AUM does Solana hold?

Solana now ranks among blockchains with double-digit billions in tokenized assets and reported surpassing $30 billion AUM by 2023. These figures indicate broader use for tokenization and asset management on Solana, supporting long-term DeFi growth and market positioning.

Solana’s Total Value Locked (TVL) in DeFi surpasses $10 billion, signaling a strong recovery after market dips.

• Solana’s TVL has been steadily climbing in 2025 after a sharp decline in 2023.
• Solana now ranks among the top blockchains, managing over $10 billion in tokenized assets.
• Solana’s TVL surpassed the $10 billion mark after a drop below $3 billion.

The Total Value Locked (TVL) of Solana in decentralized finance (DeFi) is increasing again to exceed $10 billion. This rebound follows a steep decline in 2022 and sustained efforts to strengthen protocol resilience and developer support.

What led to Solana’s rise and fall in TVL?

By mid-2022, Solana reached a TVL near $11.5 billion amid a DeFi expansion. Demand for high-speed, low-cost transactions drove adoption. However, repeated network outages and a cooling DeFi market reduced trust and caused a sharp decline in locked assets.

After falling under $3 billion in TVL, Solana focused on network and protocol improvements. Those upgrades, plus broader market stabilization, set the stage for renewed liquidity inflows in 2024 and a stronger recovery through 2025.

When did recovery accelerate and what does it indicate?

Recovery accelerated in mid-2024 and continued into 2025, with TVL breaking the $10 billion threshold. This indicates increasing confidence from users and developers, deeper liquidity for DeFi markets, and better support for scalable dApp deployment.

Why are tokenized assets important for Solana’s ecosystem?

Tokenized assets increase on-chain capital efficiency and create use cases for asset management, lending, and decentralized exchanges. Solana’s growth in tokenized assets and reported AUM levels underline its role in the tokenized economy and its attractiveness to institutional builders.

Frequently Asked Questions

How stable is Solana’s network now after past outages?

Network stability has improved through validator updates and protocol patches. While no network is immune to incidents, engineering efforts and community governance have strengthened resilience and reduced outage frequency.

Can TVL growth sustain long-term DeFi adoption on Solana?

Long-term adoption depends on continued protocol reliability, developer tooling, and diversified liquidity sources. Current trends point to sustained growth but require ongoing infrastructure and ecosystem investment.

Key Takeaways

• TVL milestone: Solana surpassed $10 billion in TVL, marking a major recovery.
• Drivers: Improved network stability, developer activity, and tokenized asset growth.
• Outlook: Continued upgrades and ecosystem support are needed to sustain DeFi expansion.

Conclusion

Solana’s TVL rebound to over $10 billion in 2025 demonstrates a meaningful recovery supported by protocol improvements, growing tokenized assets, and renewed developer interest. COINOTAG will monitor ongoing metrics and ecosystem developments as Solana seeks sustained DeFi adoption and deeper market integration.