SolanaThe Total Lock (TVL) of the company has surged beyond $10 billion following the technical upgrade implemented on July 23, 2025, with the network’s computing unit limit per block increased by 20% from 48 million to 60 million units.
This adjustment, part of SIMD-0256, contributed to improved transaction processing and reduced congestion, supporting an increase in Defi activity, which increased by TVL to $12.26 billion at the time of writing and increased by 2.60% in the past 24 hours. According to Defilama.
Solana’s TVL growth timeline
Solana’s TVL began its recent climb in mid-July 2025. This began amid a wider recovery in the cryptocurrency market. By July 21, 2025, TVL had surpassed the $10 billion mark, reaching approximately $100 billion, an increase of Sol Token’s market capitalization by 7% per day. The next day, TVL reached $10.3 billion to $10.45 billion, with Sol recording a profit of 25%, exceeding $200 for the first time in five months.
This growth continues, with TVL steady at over $10 billion. The surge represents the six-month height of Solana’s Defi Ecosystem, surpassing some of its competitors when it comes to TVL expansion. Key indicators include a 3.89% increase over the seven days Stablecoin’s market capitalization In Solana, it reached $11.667 billion, with USDC accounting for 70.98% of the total. every day The Decentralized Exchange (DEX) volume was $2.217 billionMeanwhile, the permanent futures volume reached $1.015 billion in the same 24 hours.
The activity on the chain has also been enhanced, with 2.74 million active addresses and 83.69 million transactions recorded over the past 24 hours. Sol priced at $191.79 and its market capitalization was $10.3192 billion. These figures show sustained user engagement, estimated in part to be above 99% due to increased speculations regarding the approval of the Solana Exchange-Traded Fund (ETF) and estimated with the rise in Defi and Defi. Impossible tokens (NFTs) Participate.
Details of the 23rd July Technology Upgrade
The July 23, 2025 upgrade, enacted through SIMD-0256, increased the computational unit (CU) limit per block to 60 million. The Calculation Unit measures the calculation resources required to trade Solana. This addresses previous bottlenecks from high demand activities, such as Memecoin trading surges at the beginning of the year. This change increases the average throughput to approximately 1,700 transactions per second (TPS), potentially reducing fees and reducing network congestion.
Solana’s architecture relies on historical proof consensus mechanisms that allow for high-speed processing. CU adjustments allow for more complex transactions per block, increasing the scalability of distributed applications (DAPP). The upgraded Solana dex volume reached $1.4 trillion in July 2025, showing a 140% increase per month.
Additional proposals, including SIMD-0286, could increase CU limits to an additional 100 million by the end of 2025, representing an increase of 65% to 66% from the pre-upgrade level. This is based on Solana’s efforts to compete with networks such as: EthereumRecently, we have increased our gas limit to 45 million units.
Related concepts of blockchain scalability include shards and layer 2 solutions, but Solana’s approach focuses on single-layer optimization. For example, Mempool Management’s block propagation and turbine protocols in Gulf River networks complement these CU enhancements, reduce latency and compensate for improved data relays.
Broader factors affecting TVL surges
TVL surpassed $10 billion just before the July 23 upgrade, but the technical changes helped to maintain momentum by enhancing network performance. Improving scalability will bring in more defi protocols and capital inflows, as seen in the ecosystem recovery from early market corrections in 2025.
Other factors include institutional interests and extensions of protocols. Solana’s Defi TVL growth is tied to rising on-chain metrics, including permanent futures trading and Stablecoin control. Concepts like Tokenomics play a role. There, Sol’s supply dynamics and staking rewards influence investor behavior.
Additional upgrades mentioned in recent discussions include the Alpenglow protocol aimed at transaction speeds of 100-150 msec block finality, as well as enhanced data relays. The details are preliminary, but are consistent with Solana’s focus on low-latency environments. Upgrading to third-party voter clients Firedancer and Epoch contribute to wider scalability. Solana’s epoch refers to a fixed period for staking and reward distribution, which usually lasts about two days. These advancements may support price forecasts, with some estimates placing SOLs between $500 and $700 per year end based on current trends.
In comparison, Ethereum’s gas limits and Layer 2 rollup address similar congestion issues, while Solana’s monolithic design prioritizes speed over modularity. This positions Solana as a hub for defi’s high-frequency trading, including permanent and options.
Conclusion
Solana’s TVL exceeds $10 billion indicates the network’s ability to handle increased Defi activity through target upgrades, such as SIMD-0256, which has increased Compute resources and throughput. Combined with daily DEX volumes and robust on-chain metrics such as $2.21 billion at 1,700 TPS, the ecosystem demonstrates effective scalability of DAPP and trading.
Continuing proposals such as SIMD-0286 further outline the Solana technical roadmap, highlighting precise enhancements in block processing and resource allocation.
FAQ
What caused Solana’s TVL to surpass $10 billion in July 2025?
Solana’s TVL exceeded $10 billion on July 21, 2025, with daily market capitalization and SOL prices rising above $200, and the increase in upgrades on July 23 increased the 20% increase in computing unit limit.
What is SIMD-025? And how does it affect Solana?
SIMD-0256 is an upgrade to Solana from July 23, 2025, increasing the unit-of-computation limit per block from 48 million to 60 million, improving transaction throughput to 1,700 TPS, and reducing congestion for DEFI users.
How has Solana’s on-chain activity changed since the upgrade?
Following the upgrade, Solana reported a perpetual volume of $2.219 billion as of July 28, 2025, with a $2.217 billion deal, a $2.217 billion DEX volume, and a $1015 billion DEX volume, indicating an increase in Defi’s involvement.
source:
- Defilama – Solana Chain Metrics: https://defillama.com/chain/solana
- Coindesk – Solana TVL and Upgrade Analysis: https://www.coindesk.com/markets/2025/07/24/solana-tvl-surges-past-10b-amid-Upgrade
- Block – Solana Network Upgrade and Defi Growth: https://www.theblock.co/post/307000/solana-upgrade-boosts-tvl-to-10b
