SOL Staking Surpasses 418 Million, DeFi Ecosystem TVL Hits $1.98 Billion

Industry Update: SOL Staking and DeFi Expansion

According to the latest statistics from solscan, the total amount of staked SOL has now surpassed 418 million. This figure reflects users' confidence in the long-term potential of the network and signals ongoing expansion of the broader ecosystem.

DeFi Ecosystem Growth

Currently, the total value locked (TVL) across DeFi projects on the SOL chain has reached $1.98 billion. This steady increase indicates rising activity and adoption within decentralized finance on this network.

• Rising staking amounts reflect enhanced network security
• Growth in DeFi TVL shows ecosystem diversification
• Increased user engagement drives a more active on-chain economy