Solana (SOL) TVL Reaches 2022 Low; Crashes More Than $6 Billion
– The value locked in Solana’s ecosystem has declined by 60% since the beginning of the year.
– This is due to a general decline in interest in decentralized finance (DeFi) projects.
– Solana still has more value locked than any other blockchain except for Ethereum, Bitcoin, and Binance Coin.
– Solana has been named by Meta Platforms as one of the blockchains whose non-fungible tokens (NFTs) will be integrated with the social media platform, Instagram.
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