Solana 的 DeFi 生态系统 TVL 突破 100 亿美元大关，标志着 FTX 崩溃后的复苏

Solana 的 DeFi 生态系统再次成为头条新闻，TVL 三年来首次突破 100 亿美元大关。

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 场景继续吸引人们的关注，创下了新的里程碑。 Solana 的 DeFi 锁定总价值 (TVL) 三年来首次突破 100 亿美元大关。这一成就是在 Solana 从 FTX 崩溃的影响中恢复过来之际实现的，并展示了人们对生态系统的信心的复苏。

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.

产出：随着加密货币市场在 2025 年蓬勃发展，并且 Solana 成为 DeFi 领域的主要参与者，让我们深入研究推动这一增长的因素，并探讨 Solana 的 TVL 可能达到的潜在高度。

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 增长很大程度上归功于 Solend 等关键协议，它以低廉的费用提供高效的借贷。这吸引了寻求优化其加密资产的用户。另一个影响因素是 Marinade Finance 具有竞争力的质押奖励，这吸引了 SOL 代币持有者并促进了网络去中心化。

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 等平台通过与 Orderly Network 整合推出了 Solana 的第一个永续期货交易平台，发挥了关键作用。这带来了更高的流动性和交易量，促进了网络上的整体 DeFi 活动。

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 激增也受到稳定币流动性大幅增加的推动。 2024 年 12 月，Solana 发行了 10 亿美元的稳定币，使稳定币总额达到约 50 亿美元。 2025 年 1 月，Circle 在 Solana 上铸造了 12.5 亿美元的 USDC，进一步增强了这一点。这些流动性流入促进了交易、借贷和流动性挖矿等重要的 DeFi 活动。

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 的生态系统升级（例如 Solayer）及其低费用和高速度也吸引了散户和机构投资者加入该网络。再加上积极的市场情绪和美国现货 Solana ETF 的可能性，可能会带来持续增长并重振投资者对 Solana DeFi 生态系统的信心。

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

Solana 的最新价格走势可能会让您感到惊讶：大规模反弹正在酝酿之中吗？

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 的价格周四飙升，延续了最近的涨势，该加密货币单日上涨近 10%。此次飙升之际，SOL 试图突破关键阻力位，为潜在的牛市奠定了基础。

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.

近几个月来，Solana 的价格一直在坐过山车，这在很大程度上受到更广泛的加密市场和机构发展的影响。截至周五上午，SOL 交易价格为 31.13 美元，在过去 24 小时内上涨 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.

根据TradingView价格图表，RSI接近超买水平，表明强劲的购买压力和投资者的乐观情绪。然而，如果市场情绪发生变化或出现任何负面事态发展，这也引发了人们对潜在价格调整或抛售的担忧。

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，价格图表上不断上升的 OBV 凸显了购买压力的增加，这可能会进一步影响 SOL 的价格走势，并可能推高 Solana DeFi 生态系统中的 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 保持目前的势头并继续吸引机构资金流入和稳定币流动性，那么 TVL 超过 150 亿美元似乎是一个现实的目标。凭借持续的网络性能和有利的市场条件，我们甚至可以看到 TVL 达到 200 亿美元大关。

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，指标过热和市场波动可能会带来风险。密切关注 Solana 的网络稳定性和任何监管发展对于这种增长的长期可持续性至关重要。