Recent data shows that Solana's DeFi ecosystem is gaining popularity, reaching record figures. At the same time, a new cryptocurrency, MAGACOIN FINANCE, is capturing traders' attention.
Achievements in Solana's DeFi Ecosystem
As of August 29, 2025, the Total Value Locked (TVL) in Solana’s DeFi has reached **$11.78 billion**, the highest level since January. This reflects a growing interest in decentralized applications built on Solana. The platform is recognized for its low-cost and high-speed transactions.
Plans for Corporate Treasury
Reports suggest that **Galaxy Digital, Multicoin Capital, and Jump Crypto** are collaborating with Cantor Fitzgerald LP to establish a **$1 billion** corporate treasury focused on Solana. If finalized in September, this treasury would mark the largest institutional reserve of SOL to date, boosting trader optimism regarding Solana's price growth.
Interest in MAGACOIN FINANCE
While Solana is in the spotlight, traders are also eyeing the new cryptocurrency **MAGACOIN FINANCE**, seen as a promising asset. Many analysts believe that it could deliver a faster return than Solana, attracting early investors. As interest in MAGACOIN builds, traders discuss the potential for significant market movements.
With increasing DeFi activity on Solana and rising interest in MAGACOIN FINANCE, the cryptocurrency market continues to show dynamic development. These events highlight the importance of monitoring sector changes and potential opportunities for investors.