Solana 的 DeFi 生態系統 TVL 突破 100 億美元大關，標誌著 FTX 崩潰後的復甦

Solana 的 DeFi 生態系統再次成為頭條新聞，TVL 三年來首次突破 100 億美元大關。

Solana's DeFi scene continues to grab attention with a new milestone. For the first time in three years, Solana's total value locked (TVL) in DeFi crossed the $10 billion mark. This achievement comes as Solana recovers from the impact of FTX's collapse and showcases a resurgence of confidence in the ecosystem.

Solana 的 DeFi 場景繼續吸引人們的關注，並創下了新的里程碑。 Solana 的 DeFi 鎖定總價值 (TVL) 三年來首次突破 100 億美元大關。這項成就是在 Solana 從 FTX 崩潰的影響中恢復過來之際實現的，並展示了人們對生態系統的信心的復甦。

output: As the crypto market booms in 2025, and with Solana being a major player in the DeFi space, let's delve into the factors driving this growth and explore the potential heights Solana's TVL could reach.

產出：隨著加密貨幣市場在 2025 年蓬勃發展，並且 Solana 成為 DeFi 領域的主要參與者，讓我們深入研究推動這一增長的因素，並探討 Solana 的 TVL 可能達到的潛在高度。

Solana's impressive DeFi growth is largely attributed to key protocols like Solend, which offers efficient lending and borrowing at low fees. This has attracted users seeking to optimize their crypto assets. Another contributing factor is Marinade Finance's competitive staking rewards, which have enticed SOL token holders and boosted network decentralization.

Solana 令人印象深刻的 DeFi 成長很大程度上歸功於 Solend 等關鍵協議，它以低廉的費用提供高效的借貸。這吸引了尋求優化其加密資產的用戶。另一個影響因素是 Marinade Finance 具有競爭力的質押獎勵，這吸引了 SOL 代幣持有者並促進了網路去中心化。

Furthermore, platforms like Raydium have played a pivotal role by integrating with Orderly Network to launch Solana's first perpetual futures trading platform. This has brought in higher liquidity and trading volumes, boosting overall DeFi activity on the network.

此外，Raydium 等平台透過與 Orderly Network 整合推出了 Solana 的第一個永續期貨交易平台，發揮了關鍵作用。這帶來了更高的流動性和交易量，促進了網路上的整體 DeFi 活動。

Solana's TVL surge has also been fueled by a substantial increase in stablecoin liquidity. In December 2024, Solana onboarded $1 billion in stablecoins, bringing the total to around $5 billion. This was further bolstered in January 2025, with Circle minting $1.25 billion in USDC on Solana. These liquidity inflows have facilitated crucial DeFi activities like trading, lending, and yield farming.

Solana 的 TVL 激增也受到穩定幣流動性大幅增加的推動。 2024 年 12 月，Solana 發行了 10 億美元的穩定幣，使穩定幣總額達到約 50 億美元。 2025 年 1 月，Circle 在 Solana 上鑄造了 12.5 億美元的 USDC，進一步增強了這一點。這些流動性流入促進了交易、借貸和流動性挖礦等重要的 DeFi 活動。

Solana's ecosystem upgrades, such as Solayer, and its low fees and high speeds have also attracted both retail and institutional investors to the network. This, coupled with positive market sentiment and the possibility of a U.S. spot Solana ETF, could lead to sustained growth and renewed investor confidence in Solana's DeFi ecosystem.

Solana 的生態系統升級（例如 Solayer）及其低費用和高速度也吸引了散戶和機構投資者加入該網路。再加上正面的市場情緒和美國現貨 Solana ETF 的可能性，可能會帶來持續成長並重振投資者對 Solana DeFi 生態系統的信心。

Solana's Latest Price Action Might Surprise You: Is A Massive Rally Brewing?

Solana 的最新價格走勢可能會讓您感到驚訝：大規模反彈正在醞釀嗎？

Solana's price soared on Thursday, continuing a recent rally that has seen the cryptocurrency rise by nearly 10% in a single day. This surge comes as SOL attempts to break out of a crucial resistance level, setting the stage for a potential bull run.

Solana 的價格週四飆升，延續了最近的漲勢，該加密貨幣單日上漲近 10%。這次飆升之際，SOL 試圖突破關鍵阻力位，為潛在的多頭市場奠定了基礎。

Solana's price has been on a rollercoaster ride in recent months, largely influenced by the broader crypto market and institutional developments. As of Friday morning, SOL trades at $31.13, up 9.4% over the past 24 hours.

近幾個月來，Solana 的價格一直在坐過山車，這在很大程度上受到更廣泛的加密市場和機構發展的影響。截至週五上午，SOL 交易價格為 31.13 美元，在過去 24 小時內上漲 9.4%。

According to TradingView price charts, the RSI approached overbought levels, indicating strong buying pressure and investor optimism. However, this also raises concerns about potential price corrections or selloffs if market sentiment shifts or if there are any negative developments.

根據TradingView價格圖表，RSI接近超買水平，顯示強勁的買盤壓力和投資者的樂觀情緒。然而，如果市場情緒改變或出現任何負面事態發展，這也引發了人們對潛在價格調整或拋售的擔憂。

Notably, the rising OBV on the price chart highlights increasing buying pressure, which could further contribute to SOL's price movements and potentially drive up the TVL in the Solana DeFi ecosystem.

值得注意的是，價格圖表上不斷上升的 OBV 凸顯了購買壓力的增加，這可能會進一步影響 SOL 的價格走勢，並可能推高 Solana DeFi 生態系統中的 TVL。

If Solana maintains its current momentum and continues to attract institutional inflows and stablecoin liquidity, surpassing $15 billion in TVL seems like a realistic target. With sustained network performance and favorable market conditions, we could even see TVL reach the $20 billion mark.

如果 Solana 保持目前的勢頭並繼續吸引機構資金流入和穩定幣流動性，那麼 TVL 超過 150 億美元似乎是一個現實的目標。憑藉持續的網路效能和有利的市場條件，我們甚至可以看到 TVL 達到 200 億美元大關。

However, it's important to note that overheating indicators and market volatility could pose risks. Keeping an eye on Solana's network stability and any regulatory developments is crucial for the long-term sustainability of this growth.

但值得注意的是，指標過熱和市場波動可能會帶來風險。密切關注 Solana 的網路穩定性和任何監管發展對於這種成長的長期可持續性至關重要。