As the crypto market experiences a resurgence in positive momentum, top blockchains are seeing significant growth in total value locked (TVL). According to data from DefiLlama, the leading blockchains based on TVL this week include Ethereum, Solana, Tron, Bitcoin, and more. DefiLlama, a well-known DeFi TVL aggregator, has provided this data on its official website.
Ethereum Leads the Pack in Total Value Locked with a 7.14% Increase This Week
DefiLlama’s data reveals that Ethereum is at the forefront in terms of TVL, with a notable 7.14% surge in total value locked over the past seven days. The platform’s TVL currently stands at $68.303 billion. Following closely behind is Solana, with a TVL of $12.02 billion, marking a significant 43.02% increase from the previous week.
Tron secures the third position in DefiLlama’s ranking of blockchains by TVL, with a total value locked of $7.237 billion and a 3.40% weekly increase. Bitcoin follows in fourth place, with a TVL of $7.175 billion, reflecting an 11.54% rise over the week. Binance Smart Chain takes the fifth spot with a TVL of nearly $5.74 billion, showing a 4.20% weekly increase.
Continuing down the list, Base holds the sixth position with a total value locked of $3.707 billion, representing a 5.68% increase over the week. Arbitrum secures the seventh spot with a TVL of approximately $3.04 billion, indicating a 4.03% weekly rise.
Avalanche Ranks Lowest with $1.425 Billion in Total Value Locked
Sui takes the eighth position with a TVL of $1.993 billion, showing a 4.08% weekly surge. Hyperliquid follows with a 17.68% weekly increase, bringing its TVL to $1.699 billion. Avalanche ranks lowest on the list with an 8.11% increase, resulting in a total value locked of nearly $1.425 billion.