Skip to content
August 28, 2025Cryptopolitan logoCryptopolitan

SOL rose to the highest level since February, as DeFi liquidity increased

Solana (SOL) traded above $215, its highest level since February, disconnecting from the drop in ￰0￱ Solana ecosystem is getting a boost from regular inflows, with a rise in DeFi ￰1￱ (SOL) rose and retained its position above $200, trading at the highest level since ￰2￱ recovered as high as $215, despite the slide in BTC to a lower ￰3￱ price climb coincides with a general DeFi recovery for the Solana ￰4￱ DeFi expanded since the April slump, rising to $11.73B, the highest level since January. |) August 28, 2025 So far, Lombard has minted $1.6B worth of BTC-backed liquid tokens, mostly on Ethereum, BSC, Base, Sonic, and other ￰5￱ token spreads for the first time to a non-EVM ￰6￱ than 86% of the current LBTC supply is used within DeFi ￰7￱ is the third-largest liquid token based on BTC, with a current supply of 12,576 ￰8￱ inflow into Solana may be small, but adds to the general drive for Bitcoin-based ￰9￱ shift also elevates Solana as a chain suitable for Bitcoin-based DeFi activity.

Solana’s Seeker phone to offer DeFi incentives DeFi growth on Solana has shown a trend to grow with retail ￰10￱ addition of new features on the Phantom wallet boosts general activity and coincides with value ￰11￱ September, Solana’s native Seeker phone will open a campaign with incentives, additional yield, and perks for multiple apps. 1/ You ￰12￱ ￰13￱ now, it’s finally ￰14￱ Season officially begins September 8th 🧵👇 ￰15￱ — Seeker | Solana Mobile (@solanamobile) August 28, 2025 Seeker owners will have weekly access to featured apps with special perks and ￰16￱ will gain early access or priority, higher yields, and exclusive features. Solana’s phone has sold up to 150,000 items in pre-orders, but shipping remains limited, starting in August ￰17￱ Seeker incentive season will focus on DeFi, not mentioning meme ￰18￱ the past month, meme platforms still competed among each other, but Solana activity shifted to larger ￰19￱ wallets engage daily with the ‘trenches’, instead moving activity to higher-value DeFi ￰20￱ your project in front of crypto’s top minds?

Feature it in our next industry report, where data meets impact.

Cryptopolitan logo
Cryptopolitan

Latest news and analysis from Cryptopolitan

Public Firms With Private Keys: The Biggest BTC and ETH Stashes Right Now

Public Firms With Private Keys: The Biggest BTC and ETH Stashes Right Now

Public markets now double as a scoreboard for who’s stockpiling bitcoin and ethereum—and the numbers tell a lively story. From Boardrooms to the Bitcoin Blockchain Corporate coin chests start with the...

Bitcoin.com logoBitcoin.com
1 min
Solana ETF Inflows Hit $44M in 4 Days as Bitcoin Loses $191M

Solana ETF Inflows Hit $44M in 4 Days as Bitcoin Loses $191M

Solana exchange-traded funds (ETFs) are rapidly attracting investor attention, marking a major shift in crypto capital flows. In recent days, inflows into Solana-linked ETFs have surged while Bitcoin ...

Coinpaper logoCoinpaper
1 min
Bitcoin: The Dawn of a New Monetary Era

Bitcoin: The Dawn of a New Monetary Era

Seventeen years after Satoshi Nakamoto introduced Bitcoin to the world, it has grown from a cryptographic experiment into a global movement, argues Tony Yazbeck, co-founder of The Bitcoin Way.

CoinDesk logoCoinDesk
1 min