Ethereum maintains a commanding lead in decentralized finance (DeFi) with 51.42% of total value locked (TVL), demonstrating its long-standing influence. Despite competition from emerging blockchains like Solana and Tron, Ethereum continues to solidify its position. 5.135 billion dollars in assets are currently held on the network, according to DeFiLlama. Solana takes center stage with 3.67 million active addresses and a notable 6.815 billion dollar TVL growth. This surge is fueled by increased user activity and expanding decentralized finance applications. Tron has also seen impressive growth within the DeFi sector, achieving an 11.19% increase in monthly TVL. Ethereum’s dominance, however, remains resilient, driven by a robust developer ecosystem, strong network security, and widespread adoption across decentralized finance applications. The network supports over 1,325 protocols and boasts 321,900 active addresses engaged in DeFi activities. The landscape of the DeFi market is dynamic, with other chains like Solana, Bitcoin and Binance Smart Chain (BSC) making significant strides. Solana stands second after Ethereum, boasting a TVL of $6.815 billion. The network has witnessed notable growth over the past week, driven by increased activity. Meanwhile, Bitcoin holds third place in terms of TVL with $5.183 billion. While there have been recent gains in TVL for Bitcoin, it still experienced a decline over the past month. Binance Smart Chain (BSC) and Tron also continue to expand their DeFi presence, ranking fourth and fifth respectively. Base, Berachain, and Arbitrum face a declining trend in TVL. The top ten blockchains are comprised of leading networks such as Sui, Avalanche, and others. Ethereum’s market share remains stable despite historical fluctuations in the past.