2025-12-17 17:20:22

The Solana ecosystem has been feeling a bit tough lately. Since mid-September, the total value locked (TVL) across the entire chain has been steadily declining. On September 14th, it reached a high of $13.22 billion, but by this Wednesday, it had dropped to $8.67 billion, hitting a six-month low with a decline of over 34%.

The real heartache lies in the underlying reasons. The Jito liquidity staking route experienced the most severe collapse, shrinking by 53% since mid-September. One protocol's issues are not the only problem; other leading applications are also not doing well—Jupiter DEX down 30%, Raydium halved by 46%, and Sanctum protocol also down 46%. Looking at these figures, the problems in the Solana ecosystem are not isolated incidents but signals of collective pressure.

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GrayscaleArbitrageur

· 2025-12-20 00:23

The SOL ecosystem has dropped really dramatically this time, Jito was directly halved, and others haven't been spared either. It feels like the entire chain is trapped.

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SeasonedInvestor

· 2025-12-18 19:22

This is not an isolated slide; the entire Sol ecosystem is gasping for air. Jito's direct cut in rewards is unbearable for anyone. Hey, wait a minute, I remember praising Solana as the next-generation what... but why is it like this now? A 34% drop really hurts; hitting a six-month low like this. The question is, are people still buying the dip after this drop? It seems everyone is scared. Applications within the ecosystem are collapsing across the board, which is outrageous. We need to reflect. If you ask me, I should have seen how deep this pit was a long time ago.

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CascadingDipBuyer

· 2025-12-17 17:48

The SOL ecosystem really took a hit this time, I didn't expect Jito to drop by 53% directly. Why is it one after another with issues? Raydium also dropped 46%. Should I consider bottom fishing?

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YieldHunter

· 2025-12-17 17:47

ngl if you look at the data, solana's tvl collapse is basically a liquidity farming death spiral in slow motion. jito down 53%? that's not correction, that's contagion. degens are finally realizing those "sustainable returns" were just ponzi mechanics with better marketing lol

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