Solana Shatters Records: $3.8B TVL, $3.5B DEX Volume on Birthday

Solana's decentralized finance (DeFi) ecosystem has achieved significant milestones, breaking records in total value locked (TVL) and daily decentralized exchange (DEX) volumes. The TVL in Solana's DeFi platforms has surpassed $3.8 billion, with daily DEX volumes exceeding $3.5 billion, and at one point reaching over $2.5 billion in a single day. This surge in activity is attributed to various factors, including the traction gained by the BananaGunBot on Solana, with its daily bot volume hitting a new all-time high of $7,376,250. Moreover, the fully diluted valuation of Solana has exceeded $100 billion. The ecosystem has also seen a remarkable increase in the daily volume of its Telegram bots, with BonkBot achieving over $400K and another bot hitting $79.8M in daily volume, marking the highest daily fees ever recorded for a Solana bot. This record-breaking performance coincides with Solana's birthday, highlighting the platform's growth and the involvement of over 100 projects.