The Solana blockchain recorded an all-time high in total value locked (TVL) following the launch of the TRUMP and MELANIA meme coins. On Jan. 19, Solana's TVL surpassed $12 billion, its highest level to date, according to DeFiLlama data . This surge represents a nearly 40% increase over the previous week and marks the first time Solana’s TVL has crossed $10 billion since Nov. 2022, when FTX collapsed. The Solana (SOL) token, which trades at $258 at the time of writing, has surged by 6% in the past 24 hours and 30% over the past week, according to data from CoinGecko. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
