• Solana is now trading at $155.80 with an increased number of active addresses, pointing to continuous on-chain activity.
• The coin adds a new privacy-first wallet, ‘Hush’, boosting user control.
• The locked value in Solana’s DeFi apps is increasing, signalling strong investor confidence.

The Solana ecosystem is now going with renewed strength in 2025, powered by robust on-chain data and major network developments. The recent Metrix shows a great increase in user engagement, a continued climb in total Value locked(TVL), and the introduction of ‘Hush’, Solana’s new privacy-focused wallet, which signals the growth of the network system. At press time, the coin is trading at $155.80 with a slight decline of 2.53%  over the past 24 hours.

TVL Is On Rise: Capital Confidence Now Returns

According to the data taken from DeFilama, the coin’s total value locked TVL has shown regular growth in the past months. These metrics signal the total amount of assets deposited in the coin’s DeFi protocols. This is a core indicator of market confidence.

After long periods of volatility, the coin’s TVL has now increased, showing that investors are redeploying capital among the lending platforms, liquid staking, and decentralized exchanges. The return of liquidity is a sign of a broader ecosystem rebound.

Active Addresses Reflect Increased Network Usage

The number of active addresses on SOL has continued to rise over the past months. The purple bars show an increase in active addresses, which is a clear sign of user participation. This remained strong even after the broader market signs.

The increased active addresses typically reflect the real network demand. It shows transactions from NFT mints and DeFi to on-chain game activities. These changes are pointing to a development that is more sustainable and a user base that powers Solana’s daily operations.

Also Read: Solana (SOL) Price Outlook Turns Bullish as Market Eyes $260 Target Ahead

Hush Wallet: When Privacy Enters Solana’s Core

Adding to this momentum, the recent update on the official page of Solana on X announces HUSH, the new privacy-first wallet, which is fully designed to give users control over their transaction visibility. This wallet provides selective privacy layers, which allow users to manage how much of their in-chain activities are viewable. It is a notable evolution for the blockchain, which is already well known for its transparency and speed.

The total details about the wallet are yet to be released. This launch gives Solana a position that only a few networks are taking, such as native steps for privacy. Hush might become a major utility upgrade in the ecosystem, especially in an era where user demand great secrecy and protection.

In conclusion, we can say that the 3 indicators, the increasing TVL, Active network participation, and the privacy-focused wallet, all outline a maturing ecosystem for the coin. As developers continue building the ecosystem together with capital flows returning. the coin is appearing to be moving from its high-speed chain identity to a more complete ecosystem. An ecosystem that balances scalability, utility, and users’ sovereignty.

Also Read: Solana (SOL) Surges as Forward Industries Unveils $1 Billion Buyback