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BNB Chain Surpasses Solana in DeFi TVL, Sparks Reaction from CZ

Guavy AI Editorial Team
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Binance's BNB Chain has surpassed Solana in DeFi TVL, according to recent on-chain data. On September 14, BNB Chain recorded $5.94 billion in DeFi TVL, while Solana saw $5.89 billion locked in its DeFi market.

This positions BNB Chain as the second-largest blockchain by DeFi TVL, behind Ethereum's dominant $49.95 billion. Base and Tron rank fourth and fifth with $5.63 billion and $5.47 billion, respectively.

Binance founder Changpeng Zhao reacted to this development, acknowledging BNB Chain's progress but also joking about the 'long road' it has to go before potentially flipping Ethereum.

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