Golden Finance reported that on February 5, Messari released Solana's Q4 report for 2024. Solana Q4 DeFi TVL reached US$8.6 billion (+64%), surpassing Tron to become the second largest public chain, with on-chain application revenue of US$840 million (+213% ), driven by Memecoin and AI token trading. The average daily DEX trading volume is US$3.3 billion (+150%), Jupiter accounts for 38% of the market share, the stablecoin market value is US$5.1 billion (+36%), USDC accounts for 75%, USDT increases to US$912 million, and the liquidity pledge ratio is 11.2 %(+33%), JitoSOL accounts for 34% of the market share. At the technical level, AgaveV2.0 is launched, 90% of the network has been upgraded, Firedancer client has entered testing, improving scalability, and ZK compression technology has been introduced to reduce Gas costs. In terms of the market, SOL's market value is US$91 billion (+27%), briefly exceeding US$120 billion, FTX sold 30 million SOL, with an average price of US$102, Visa expanded SolanaUSDC settlement, and Grayscale submitted a SolanaETF application. Solana's ecological growth is strong and institutional adoption is accelerating, and it is expected to further expand its market influence in 2025.