Reportedly, the total value locked (TVL) on the Solana chain has plunged by more than 32.4% in the last 24 hours. The Solana-based staking protocol Marinade Finance has incurred the biggest loss in TVL on the chain, declining from 35.1% to $115.79 million. Other blockchains have also seen decreases in TVL over the same time, with Ethereum down 10.59%, Binance smart chain (BSC) down 9.68%, and Tron down 8.84%.