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The Solana blockchain is home to the most blocked cryptocurrency

1:23 pm, July 25, 2024

According to the latest data from CryptoRank, Solana SOL $156.56 Solana 0.01% Market capitalization $73.42 billion VOL. 24 hours $0.25 billion is the leading non-Ethereum Virtual Machine (non-EVM) blockchain in terms of total blocked funds (TVL). This figure amounts to $ 10.8 billion, which is 56% of the total amount of $ 19.4 billion. This emphasizes Solana’s dominant position in this sector, especially against the background of the TON blockchain, which ranks second with $ 1.09 billion or 5.6%.

In addition to Solana and TON, significant amounts are also blocked on the Aptos ($ 920 million or 4.7%) and Sui ($ 754 million or 3.8%) blockchains. These networks are attracting investors' attention due to their unique technologies and growth prospects, in particular, their innovative solutions in the field of scalability and security.

Interestingly, even bitcoin BTC $65,641.97 Bitcoin 0.16% Market capitalization $1.3 trillion VOL. 24 hours $0.54 billion , which was not originally intended for smart contracts and DeFi, occupies a significant place among non-EVM blockchains with a result of $ 730 million or 3.7% of the total amount of blocked funds. This demonstrates the flexibility and adaptability of the Bitcoin ecosystem to new financial instruments.

Analysts also noted other blockchains, such as Near ($ 658 million or 3.3%) and Hyperliquid ($ 645 million or 3.3%), which show steady growth, indicating the diversification of investors' interests. Blockchains Starknet with $ 360 million (1.8%) and Sei with $ 344 million (1.7%) also attract the attention of crypto enthusiasts with their unique offers and prospects.

Thus, the current picture in the non-EVM blockchain market shows high dynamics and potential for further growth. Digital networks continue to attract significant investments from their users, which contributes to their further development and the introduction of new technological solutions in the industry.

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BTC

$65,641.97

0.16%

ETH

$2,641.01

-0.57%

BNB

$597.25

-0.42%

XRP

$0.63

3.78%

SOL

$156.56

0.01%

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