BNB Chain Overtakes Solana in DeFi TVL, Eyes Second Spot Behind Ethereum

BNB Chain has surpassed Solana in decentralized finance (DeFi) total value locked (TVL), reclaiming the second spot behind Ethereum by a slim margin of about $48 million as of September 14, 2026. This milestone positions BNB Chain as the largest blockchain after Ethereum in terms of DeFi TVL. Changpeng Zhao (CZ), CEO of Binance, acknowledged BNB Chain's progress but noted that flipping Ethereum remains a 'long road.'

CZ emphasized that the competition should inspire further development rather than rivalry, aiming to strengthen the BNB Chain ecosystem.