Solana's revenue and locked assets surge, establishing it as a major player in the DeFi space. Discover the top protocols driving growth on Solana.
According to the Q4 2024 report by Messari, Solana saw a 64% increase in total locked assets reaching $8.6 billion, surpassing Tron, becoming the second largest decentralized finance ecosystem. The platform’s program revenue grew by 213% to $840 million mainly due to the rise in transactions of meme and AI tokens. Raydium with $2.1 billion in locked assets and an 86% growth emerged as the largest DeFi protocol on Solana. Pumpfun with $235 million, Foton with $140 million, and Raydium with $74 million were the revenue leaders in this network.
