The total value locked (TVL) on the Solana blockchain has plummeted 39.2% over the last month, the largest monthly drawdown since November 2022, when the FTX exchange collapsed. Solana’s TVL has ...

However, it is important to note that the HYPE’s price and TVL do not correlate strongly. Sometimes, the values follow the same direction. Other times, they diverge. In this case, it is the ...