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Top 10 Solana Projects by TVL Reflect Network’s Expanding DeFi Ecosystem

Top 10 Solana Projects by TVL Reflect Network’s Expanding DeFi Ecosystem
The latest update from Phoenix Group reveals the top ten Solana-based projects based on Total Value Locked (TVL), highlighting the network's growth in the decentralized finance (DeFi) sector. The list includes projects such as $JTO, $KMNO, $JUP, and others. $JTO, a staking platform, leads the list with a TVL of $2.20B, followed by $KMNO, a lending services provider, with a TVL of $1.57B. $JUP, a derivatives project, holds the third position with a TVL of $1.55B. The list showcases the expanding span of Solana across diverse DeFi sections.

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