Solana TVL hits near 1-year high

On Aug. 22, Solana network DApps collectively held 34.9 million SOL, the highest level since October 2022, representing a 13.7% increase from the previous month.

In USD terms, Solana has $5 billion in TVL, surpassing its closest competitor, BNB Chain, which holds $4.5 billion.

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