The decentralized finance (DeFi) sector has recently been making noteworthy shifts. As per the data from DefiLlama, Ethereum, Solana, and Bitcoin have led other blockchains in the market in terms of total value locked (TVL) over the past 7 days. The DeFi analytics platform’s list of top blockchains based on TVL also includes Binance Smart Chain, Tron, Berachain, Base, Arbitrum, Sui, and Avalanche.
Ethereum ($ETH) Remains Atop Blockchains with Staggering $50.918B in TVL
DefiLlama’s data shows Ethereum ($ETH) as the top blockchain when it comes to total value locked. Over the recent seven days, the blockchain has experienced a 13.87% decline. Following this, its TVL has reached the $50.918B mark. Subsequently, Solana ($SOL) has secured the 2nd position among the top blockchains with its TVL reaching $7.397B. Over the week, the blockchain has recorded an 11.74% decline.
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