Solana and Bitcoin Rank Among Top DeFi Platforms
Solana ranks second after Ethereum in total DeFi TVL, accounting for 7.6% of the sector’s value. The blockchain holds $6.815 billion in TVL, driven by recent activity growth. Over the past week, Solana’s TVL increased by 20.73%, although the network recorded a 3.75% decline over the past month. Solana leads all networks in user activity, with 3.67 million active addresses.
Bitcoin holds the third-highest DeFi TVL, totaling $5.183 billion. Despite a 7.40% weekly gain in TVL, Bitcoin experienced a 5.91% drop over the past month. The Bitcoin network currently supports 651,244 active addresses engaged in DeFi-related activities.
Binance Smart Chain and Tron Expand Their Presence
Binance Smart Chain (BSC) ranks fourth in the DeFi ecosystem, with a TVL of $5.122 billion and 1.05 million active addresses. The chain posted moderate growth figures over the past week and day, maintaining its position among the leading DeFi networks.
Tron follows in fifth place, holding a TVL of $5.014 billion. The blockchain registered the most monthly growth among the top five networks, rising 11.19% over the past month. Tron also has a large user base, with 2.23 million active addresses.
Base, Berachain, and Arbitrum Face TVL Declines
Base ranks sixth with a total of $2.785 billion in the total value locked. There has been a 5.93% weekly TVL reduction, but the network is still backed up by a stable 979,172 active addresses. Despite that, Berachain and Arbitrum saw monthly drops in their TVL; Berachain has $2.679 billion in TVL, and Arbitrum has $2.095 billion.
Sui and Avalanche Complete the Top Ten
Sui ranks ninth among the top ten blockchains by DeFi TVL, with a total of $1.37 billion. The network’s TVL increased by 6.03% over the past month, supported by growing user engagement.
Avalanche occupies tenth place and currently has $1.36 billion in TVL. It stood out among the top ten networks with the highest growth rate within the last month and reached a 9.85 percent increase, thereby claiming that investors are confident and the network is gaining more momentum.
Ethereum’s Market Share Remains Stable Despite Historical Fluctuations
Looking at the historical data of TVL on various protocols by 2021, it is seen that Ethereum’s dominance started coming down in the last 2021 and early 2022 as the overall market sustained a correction. But somehow, Ethereum survived that and regained a stable market share in the subsequent years until 2023/2025.
Currently, Ethereum’s TVL stands at $46.135 billion. A week ago, the network had a TVL of about $16.38 billion, which has increased by about 9.37% over the week and 2.85% in the last 24 hours. However, Ethereum’s TVL has been observed to have declined by 7.85% of its value in the one month leading to this date due to fluctuating market prices.