The lending protocol has been a serious beneficiary of the RWA increase and is now heading to Solana after adopting the Chainlink Interoperability Commonplace.
Lending protocol Maple Finance is having a sturdy 2025, with its month-to-month income and token worth hovering. Now, the protocol is setting its sights on Solana’s DeFi ecosystem.
Maple’s stablecoin, syrupUSDC, is increasing to Solana, the second-largest blockchain by complete worth locked (TVL), utilizing Chainlink’s interoperability customary and opening Maple as much as Solana’s $6 billion value of DeFi capital.
The syrupUSDC launch will probably be bolstered by $500,000 value of incentives and $30 million of liquidity.
Maple’s protocol income surged to $1.4 million in Might, almost doubling from $793,000 in April.
SYRUP Rally
The platform’s SYRUP token has additionally reaped the advantages and is among the top-performing altcoins via the second quarter. SYRUP is up 250% because the starting of April and 145% within the final 30 days, altering fingers at a $450 million market capitalization.
Maple, which focuses closely on tokenizing non-public credit score, is the third-largest non-public credit score protocol within the real-world asset (RWA) area, with greater than $3 billion in complete loans throughout Ethereum, Base, and Solana.
The protocol’s property underneath administration (AUM) have additionally gone parabolic, surging to $1.9 billion at present, in comparison with simply $470 million originally of 2025.
Sid Powell, the CEO of Maple, informed The Defiant, “Maple has had a slew of recent developments that have contributed to the token rally. We’ve had several monumental institutional partnerships, such as Cantor and Bitwise, which underscore Maple as the premier on-chain asset manager for institutional-grade crypto lending and yield products.”
“Another major catalyst has been the recent listings of SYRUP on Binance and Bitget. These listings dramatically increased token accessibility and brought Maple into the portfolios of a much broader audience,” Powell added.
