Solana TVL Hits 1 Year High as Poodlana Soars

Watching markets and surges or declines in market activity is the easiest way to spot value gaps. During this cycle, the bulk of economic activity has been taking place on Solana, and with DEX trading volume eclipsing Ethereum over multiple time frames, it is evident that this is where the retail frenzy will take place.

These are the types of signals that are incredibly expensive to ignore. Solana TVL hit a one-year high, and this is a tremendous long-range indicator for future price action. You want to bid on the top Solana meme coin today before the price catches up to fundamentals. Poodlana has fought to the top and is soaring on buoyed SOL sentiment. At its current price, few tokens can rival its upside heading into 2025. 

Solana TVL hits 1-year high

While majors have been lagging, Solana’s TVL continues to climb. Total value locked in DeFi is one of the best high-time frame indicators for future growth because investors only lock their capital in smart contracts when they have high conviction. While short-term traders focus on Cboe’s decision to remove the 19b04 forms for a spot Solana ETF smart money follows the on-chain pulse.

Solana has been the hub of meme coin activity. However, the growth of more typical DeFi protocols such as Jupiter, a trading aggregator, Kamino, a lending protocol, and the booming development of liquidity staking protocols all point to a better fundamental base for the next expansionary move upwards.

TVL is the core health metric for layer one blockchains, and more DeFi activity means more SOL buy pressure. Price is a lagging indicator, and when it begins to catch up to Solana fundamentals, investors holding meme coins like POODL will suffer whiplash from the green candles.

Why Solana became ground zero for meme coin activity 

Solana became king for one simple reason. It demonstrated better product market fit than other layer-1 cryptos. Most retail investors do not care about decentralization or multiple clients. They want fast and cheap transactions. Solana delivered.

Another notable aspect of Solana’s success is the budding relationships between core developers and application layer builders—something Ethereum lacks. Going forward, analysts expect trends to compound instead of reverse. 

Poodlana: Ready to skyrocket

Poodlana has gone from strength to strength in recent weeks and fully deserves its title as a potential top Solana meme coin. Following a massive $8 million presale, it launched on Raydium and has already been listed on MEXC and BingX. Centralized exchange listings turbocharge market accessibility and unlock millions, if not billions, in potential buy pressure.

But Poodlana did well by breaking away from the crowd. The meme coin arena is saturated with low-effort tokens, thanks to platforms like Pumpfun removing barriers to token creation. More than one million tokens have launched to date, and standing out from the crowd is the most significant hurdle any meme coin faces.

Poodlana went against standard wisdom and branded itself as a high-end token. It doubled down on glamour and fashion. Guess what? Markets were hungry for a new caliber of meme coin, and POODL filled this niche. Its rise is nearly symmetrical to that of Solana. Poodlana had the best product-market fit for investors who demanded more from their meme coins and has surged as a result.
When SOL price action matches its TVL metrics, expect POODL to start another aggressive upward trend. If you are bullish on SOL this cycle, you should be ultra-bullish on POODL. It trades in the same direction but with a multiplier, and it is no hyperbole to call it a top Solana meme coin of Q3/ Q4. 

For more details, visit the Poodlana website

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