CandleFocus

Ethereum Leads as Top Blockchain Despite TVL Decline

Ethereum Leads as Top Blockchain Despite TVL Decline
The article provides an overview of various blockchain networks and their Total Value Locked (TVL) and market capitalization. Ethereum remains the dominant network with the highest TVL of $121.26 billion and a market cap-to-TVL ratio of 2.7. Tron holds the second-highest TVL at $8.34 billion, followed by Solana with $6.28 billion, and Binance Smart Chain with $6.05 billion. Among Layer-2 solutions, Arbitrum has a TVL of $3.41 billion, while Avalanche and Polygon have TVLs of $1.27 billion and $1.12 billion, respectively. The market is dynamic, and valuations vary across networks, with Ethereum maintaining its dominance.

Related News