In Q2 2025, Solana demonstrated significant growth with an increase in TVL and developments in the tokenized assets market.
Overview of Solana's Growth
Solana noted a 29.8% increase in its market cap quarter-over-quarter, reaching $82.8 billion by the end of June 2025. The price of SOL increased by 8% over the past month, currently remaining 36% below its all-time high.
Tokenized Assets Market
By the end of Q2, Solana closed the tokenized assets market at $390.6 million, marking a 124.8% increase year-to-date. Projects like Ondo Finance and BlackRock’s BUIDL are actively contributing to the growth of this sector.
DeFi Dynamics on Solana
The overall TVL in Solana's DeFi ecosystem soared 30.4% in Q2, cementing the network's status as the second-largest DeFi platform with $8.6 billion in TVL. The platforms Kamino and Raydium continue to dominate the market with high growth rates.
Solana's growth in DeFi and tokenized assets underscores its strong position amidst rising competition and intensified integration into the real economy.