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BNB Chain surpasses Solana in DeFi TVL, but still far from Ethereum's lead, says Binance's CZ.

Protocol Fundamentals
14 Sep 2026
UToday
View Source
Bullish
BNB Chain surpasses Solana in DeFi TVL, but still far from Ethereum's lead, says Binance's CZ.

BNB Chain has overtaken Solana in total value locked (TVL) in decentralized finance (DeFi), reaching $5.94 billion compared to Solana's $5.89 billion as of September 14, 2026. This milestone positions BNB Chain as the second largest blockchain by DeFi TVL, behind Ethereum, which holds a dominant $49.95 billion. Binance CEO Changpeng Zhao (CZ) acknowledged BNB Chain's progress but noted that flipping Ethereum remains a "long road." He emphasized that the competition should inspire further development rather than rivalry, aiming to strengthen the BNB Chain ecosystem.

Ethereum remains the dominant player in DeFi with a market cap of Rp5.408,9 trillion as of September 14, 2026, 23:03 WIB, despite BNB Chain's rise in TVL. On Pluang, ETH trades at Rp44.273.893 with a 1-day gain of 0.92%, while Solana, which BNB Chain has just surpassed in TVL, is priced at Rp1.801.827, up 2.20% on the day. This data highlights the ongoing competition in the blockchain space as noted by Binance CEO CZ.

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