BNB Chain Surpasses Solana in TVL, But Ethereum Remains Far Ahead

BNB Chain has surpassed Solana in DeFi total value locked (TVL), reaching $5.94 billion compared to Solana's $5.89 billion, according to data reported on September 14.

Binance co-founder Changpeng Zhao acknowledged the network's progress but said flipping Ethereum remains a 'long way' away.

Ethereum still dominates with nearly $50 billion in TVL, while BNB Chain's rising activity reinforces its position among the leading smart-contract networks.