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SOL TVL evaporates 15% after Drift TVL 6.4B -> 5.4B Solana only has a few big players, and surprisingly, its DeFi ecosystem was weak, and it feels like this Drift incident is stifling the ecosystem's growth potential. Since Solana's strength lies in performance, its advantage is instant liquidity rather than fixed holdings like TVL, and just when it was becoming solid with the addition of deposit capabilities, Lazarus unfortunately wiped it out. It is a shame.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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