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#HotTopicPoint Solana price action leaves behind top altcoins as it outshines on key metrics
Solana (SOL), the eighth-largest crypto by market capitalization, continues to outshine other altcoins due to Total Value Locked (TVL) growth and consistent inflows. The altcoin is trading at a price of $24.26 at press time. After gaining close to 26% in the past week, the rise in dollars locked on the blockchain is keeping the holders bullish.
Solana TVL hits new record
Solana's Total Value Locked – the total value of digital assets locked in a smart contract – recently reached new heights in 2023, su