The project's DeFi suite is quickly gaining popularity among users, with its capital-efficient lending and trading protocols rapidly increasing in TVL and trading volume.

Solana's DEX Raydium unveils Perpetual Futures (Perps) trading with the help of Orderly Network - an orderbook-based trading infrastructure and cross CeFi/DeFi liquidity layer.

Aave’s growth is fueled by increased leverage demand and a surge in monthly active users. The protocol is also expanding its integration with Layer 2 networks and preparing to launch a major upgrade in mid-2025.

With over $5.5 billion in Total Value Locked, the project currently ranks among the top nine protocols in the entire DeFi space.

Meme-coin trading accounted for 65% of November's volume as Pump.fun's automated system, while post-election speculation fueled record activity on Solana's leading exchange.

The man who promised to "unbank" millions and created one of the worlds largest crypto lending platforms now faces up to three decades in prison after admitting to extensive market manipulation and fraud.

The positive trend is largely attributed to optimistic market sentiment, a bullish outlook, and a general “risk-on” attitude among investors.

With Solana’s staking market booming, centralized exchanges like Binance and Coinbase are reaping the rewards, leveraging their position to maximize staking and trading revenues.