Solana News: TVL Drop Indicates Historic Memecoin Selling While Viral Token Surges 855% in 11 Days
The recent introduction of meme coins like TRUMP and MELANIA made massive Solana news, catalyzing a dramatic surge in the SOL price. However, due to broader market weakness, massive meme coin selling has driven Solana TVL to $9 billion.
While the SOL price is facing extreme bearishness, DTX Exchange, a new DeFi entrant, has garnered significant attention due to strong momentum despite the weak market condition. Early investors have already reaped over 800% profits from its ICO surge, which has reached the final stage. Global investors are flocking to DTX because of its innovative approach to asset trading and management.
Solana News: TVL Drops 25% in Two Weeks
Solana news highlights a significant shift in the ecosystem as the memecoin launch of U.S. President Donald Trump initially boosted interest, driving SOL price higher and pushing the Total Value Locked (TVL) on the network above $10 billion for the first time since the FTX collapse. However, in the last two weeks, the Solana DeFi ecosystem has experienced a sharp decline of approximately $3 billion, bringing TVL down to a critical level of $9 billion.
Beyond the drop in TVL, Solana News also reflects a 24% decline in network revenues since early December, indicating reduced network activity. This trend underscores the broader challenges Solana faces in an ever-evolving blockchain sector.
Can SOL Price Rebound to Previous Levels?
The SOL price performed incredibly amid the positive Solana news flow. In 2025, it has climbed 55% year-to-date, outperforming the broader market. However, it has pulled back to levels below $200 from last December. In the last seven days, the SOL price has dropped 18.38%, with the market cap driving below $95 billion.
Courtesy: TradingView
On the 4-hour chart, the SOL price attempts a double bottom formation, rising after the local support of $190. If the momentum continues, the $220 resistance level will be tested in the next few weeks. However, a drop below the base of the reversal pattern would confirm further downside, potentially pushing the SOL price to $160, representing an 18% decline from current levels. SOL ETF could be a major Solana news which can help it reverse the price direction.
DTX Exchange (DTX): Reshaping the Trading Scene
DTX Exchange’s approach to asset trading is groundbreaking and has stirred the cryptocurrency market with its potential. This hybrid platform will combine the best elements of centralized and decentralized exchanges. As the first-ever hybrid platform, DTX Exchange has the opportunity to lead the space with a huge market share.
The online trading space has long faced numerous challenges like slow speed and increasing slippage. However, with cutting-edge technology and mind-blowing features, DTX Exchange is here to completely change this landscape by integrating 120,000+ asset classes into a single platform. Now, a trader can access stocks, forex, crypto, ETFs, and derivatives under a single umbrella. The platform interface is designed to be user-friendly, guaranteeing that both new and experienced traders can navigate it easily.
Furthermore, DTX Exchange offers enhanced liquidity with 1,000x leverage, which allows investors to create larger positions with less capital. This feature caters to those looking to maximize smaller investments. Over 854,000 users have already signed up in the pre-registration phase, and as the ecosystem continues to grow, DTX Exchange is emerging as the preferred platform for traders around the world.
The project has been thoroughly inspected by SolidProof, which has increased its transparency and credibility among investors. As the final stage of the DTX token presale is selling out, savvy investors are rushing to book slots. Currently, the tokens are available for a discounted price of just $0.16. Market analysts predict this altcoin could see an exponential price jump in 2025, surpassing giants like Solana.
Find out more information about DTX Exchange (DTX) by visiting the links below:
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About the Author: Rebecca Idan
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