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VisitBinance Labs Invests in Solayer, Solana's 13th Largest Protocol with $150 Million TVL
Aug 7, 2024, 03:18 PM
Binance Labs has announced its investment in Solayer, a restaking network on the Solana blockchain. Solayer has quickly ascended to become the 13th largest protocol on Solana, as reported by DeFiLlama. Since launching its first phase less than 60 days ago, Solayer has accumulated over $150 million in total value locked (TVL). This investment marks a significant endorsement for Solayer, highlighting its rapid growth and potential in the decentralized finance space.
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