Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Solana’s TVL skyrockets, but there are almost no new tokens, what’s next?

Solana’s TVL skyrockets, but there are almost no new tokens, what’s next?

KriptoworldKriptoworld2025/09/30 16:00
By:by kriptoworld

Imagine throwing a party where the crowd stops showing up, but somehow the VIP section downstairs is packed tighter than ever.

Welcome to Solana’s latest drama in the crypto world, where token launches have dipped to a 7-month low, down to 27,354, the slimmest daily tally since March.

Yet, somehow, this blockchain beast still reigns supreme, leading all chains in daily, weekly, and monthly project rollouts. The crowd’s sparse, but the noise? Deafening.

Token creation drought

Even as fewer tokens hit the scene, Solana’s TVL has blasted off like a rocket ship strapped to a Monday morning espresso.

According to DefiLlama, this DeFi darling recently hit around $150 billion in TVL, signaling that investors are dumping cold, hard capital into Solana protocols like it’s the hottest underground club in crypto-town.

Source: DefiLlama

Forget token launches, deep liquidity and rising DeFi adoption show Solana’s got legs, long ones that might just sprint through any token creation drought.

But not everything smells like victory champagne. Solana’s DEX volume? It’s got legs, alright, but the last 24 hours saw a $666.7 million outflow.

Like a party guest deciding to ghost mid-conversation, this sudden withdrawal hints that some traders are checking their watches and pondering their exits, maybe spooked by recent price dips.

Momentum

Speaking of moods, the derivatives markets are casting a fog over the dance floor. Futures traders seem less hip to the Solana beat, with CryptoQuant’s Futures Taker CVD data flashing a “More Sellers Than Buyers” neon sign.

Source: CryptoQuant

The seller dominance is not just a flicker; it’s growing, and raising doubts whether Solana can maintain its momentum after the sprint.

That leads us to the $200 question, quite literally. Solana has been flirting just above this psychological barrier, but the big query remains, can bullish fundamentals like soaring TVL and network dominance in token launches outweigh the bearish vibes from short-term futures activity?

If the buyers muster up the courage and storm back into the futures arena, Solana could not only hold this line but light the fuse for another wild rally.

Ready for a bounce

Peeking at the daily charts, prices seem to be catching their breath after tumbling through a bullish triangle pattern.

But the Stochastic RSI is nudging into oversold territory, crypto-speak for “ready for a bounce.”

This suggests that despite the token launch lull and cautious futures traders, Solana’s price rally might just be settling into a longer run.

Solana’s TVL skyrockets, but there are almost no new tokens, what’s next? image 0 Solana’s TVL skyrockets, but there are almost no new tokens, what’s next? image 1
Written by András Mészáros
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles

With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Hyperliquid News Today: Institutional Activity and Token Releases Propel Crypto Market's Rebound and Growth

- Hyperliquid's 1.75M HYPE token unlock triggered a 4.6% price drop, reflecting broader market expectations amid pre-announced vesting schedules. - Nasdaq ISE seeks to elevate BlackRock's IBIT options liquidity, aligning crypto with major ETFs and signaling traditional market integration. - Binance launches tailored services for ultra-high-net-worth investors despite legal scrutiny over Hamas attack-linked transactions. - PharmaCorp's 9.4% same-store sales growth highlights investor confidence in tech-driv

Bitget-RWA2025/11/30 01:20
Hyperliquid News Today: Institutional Activity and Token Releases Propel Crypto Market's Rebound and Growth

Municipal Infrastructure Improvements and Sustainable Value Generation in Secondary Markets After the Boom

- Post-boom secondary markets leverage infrastructure upgrades to drive real estate and industrial growth, outpacing primary hubs like New York and San Francisco. - Cities like Austin (I-35 corridor) and Raleigh (RDU expansion) show how infrastructure boosts land values, reduces vacancies, and attracts tech/logistics investment. - Dallas and Atlanta exemplify measurable gains, with Dallas leading CRE rankings due to low costs and strategic connectivity, while Raleigh's diversified $8.3B pipeline ensures re

Bitget-RWA2025/11/30 01:18
Municipal Infrastructure Improvements and Sustainable Value Generation in Secondary Markets After the Boom

XRP News Update: RLUSD Connects Conventional and Digital Finance with ADGM Authorization

- Ripple's RLUSD gains ADGM approval as fiat-referenced token, enhancing institutional credibility in a tightly regulated digital finance hub. - Global stablecoin adoption accelerates via Truther's non-custodial Visa card and Klarna's KlarnaUSD, targeting seamless cross-border payments. - Cross River Bank launches unified fiat-stablecoin platform, addressing interoperability challenges in $20T+ annual stablecoin volume markets. - Regulators highlight risks in emerging markets as Brazil, India face systemic

Bitget-RWA2025/11/30 01:04
XRP News Update: RLUSD Connects Conventional and Digital Finance with ADGM Authorization

The Federal Reserve’s Change in Policy and Its Impact on New Cryptocurrency Assets

- Fed's 2025 policy shifts drive institutional capital toward Solana as central banks balance inflation control and growth amid uncertainty. - Solana's technical upgrades (Alpenglow, Firedancer) and partnerships with Visa/Western Union enhance cross-border payment infrastructure and institutional credibility. - $37.33M inflows into Solana ETFs contrast with Bitcoin/Ethereum outflows, highlighting its macroeconomic hedge role through scalable DeFi and stablecoin ecosystems. - Growing $16B stablecoin liquidi

Bitget-RWA2025/11/30 01:02
The Federal Reserve’s Change in Policy and Its Impact on New Cryptocurrency Assets