Solana slips past BNB Chain to retake No. 2 in DeFi TVL
AI Market Summary
Solana has edged back ahead of BNB Chain in DeFi TVL ($4.962B vs $4.945B), retaking the #2 position behind Ethereum. While the gap remains narrow and could reverse, Solana's weekly momentum is supported by significantly higher 24-hour DEX volume (~$1.9B vs ~$850M). BNB Chain still leads in bridged value and protocol count, tempering the signal.
Impact level
● Medium
Affected assets
SOL/USDT+0.42%
AI Insight · SOL/USDTAI Insight
▲ Bullish
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Solana has moved back ahead of BNB Chain in total value locked (TVL), reclaiming the No. 2 spot in DeFi behind Ethereum, according to DefiLlama. Solana's DeFi TVL stands at $4.962 billion versus BNB Chain's $4.945 billion.
The gap remains narrow, but recent momentum favors Solana: its TVL rose over the week while BNB Chain's TVL is down nearly 4% over the past month. The ranking could still flip, and BNB Chain continues to lead on bridged value and the number of protocols.
This week's activity data also tilts toward Solana, driven by roughly $1.9 billion in 24-hour DEX volume compared with about $850 million on BNB Chain.