Ethereum DeFi Dominance Continues: Ethereum Tops TVL, Solana Gains User Count

Ethereum continues its reign in decentralized finance (DeFi) with a commanding lead in total value locked (TVL). The blockchain giant now boasts $60.62 billion in locked assets, nearly seven times the value of second-place Solana, which holds 5.07 million active addresses. Ethereum also leads in the number of applications – over 1,368 protocols are built on its network.