The increase in real economic value directly correlates with Solana’s market capitalization and on-chain adoption. The surge in NFT activity, DeFi expansion, and memecoin growth has significantly boosted revenue streams for validators. In particular, Solana-based memecoins have skyrocketed, reaching a total market cap of $12.5 billion.
According to Messari’s data, Solana’s economic growth has accelerated alongside increased network transactions, reinforcing the blockchain’s efficiency and scalability.
Solana’s Total Value Locked (TVL) has also experienced significant growth, surpassing $12 billion—a level last seen in early 2022. Data from DeFiLlama indicates that since mid-2024, capital inflows have been consistently rising, with a major spike recorded in December 2024.
The TVL surge aligns with Solana’s increasing validator rewards, suggesting that more liquidity is flowing into the ecosystem, reinforcing its long-term sustainability. As network fees remain low and transaction throughput stays high, Solana continues to attract DeFi users, developers, and liquidity providers.