Golden Finance reported that according to The Block data, driven by the memecoin TRUMP, Solana’s total locked value (TVL) has reached US$9.77 billion, a significant expansion from US$1.4 billion a year ago, and TVL has increased in 12 months. About 600%. Solana’s ecosystem-leading DEX Raydium accounts for $2.59 billion of total TVL, highlighting the network’s growing need for decentralized trading infrastructure. Additionally, Solana’s TVL, while sizable, is still relatively small compared to Ethereum’s $68 billion, suggesting there is potential room for further growth in the ecosystem.