Sanctum Becomes Solana's Largest Protocol by TVL Amid Market Shifts

Sanctum has surpassed Jupiter to become the protocol with the highest TVL on Solana, yet its fully diluted valuation remains at $32 million. The protocol functions as a liquidity factory for Liquid Staking Tokens (LSTs), supporting over 200 LSTs. Meanwhile, the broader market saw altcoins lead gains over the weekend, with Raydium rising following StonkFun's integration and TAO-related tokens gaining traction.