Solana continues to attract traders' attention due to the growth of its DeFi ecosystem, while the new altcoin MAGACOIN FINANCE becomes a subject of discussion.
DeFi Activity on Solana Reaches New Highs
As reported on August 29, 2025, Solana's DeFi ecosystem reached a record total value locked (TVL) of $11.78 billion, the highest since January. This milestone indicates a growing interest in decentralized applications built on the Solana platform, known for its low costs and high transaction speeds.
$1 Billion Corporate Treasury Plans
Reports indicate that Galaxy Digital, Multicoin Capital, and Jump Crypto are collaborating with Cantor Fitzgerald LP to create a $1 billion Solana-focused corporate treasury. This initiative, supported by the Solana Foundation, could mark the largest institutional reserve of SOL to date if finalized in September.
Interest in MAGACOIN FINANCE as a New Altcoin
Meanwhile, traders are also taking note of the new altcoin MAGACOIN FINANCE. This altcoin is viewed as an opportunity that could experience faster growth than Solana. Many users are already investing in MAGACOIN FINANCE, driven by growing interest and anticipation of its exchange listing.
In light of the growth in Solana's DeFi ecosystem and interest in MAGACOIN FINANCE, traders should closely monitor market developments to capitalize on investing opportunities.
