CZ Says BNB Chain Has a “Long Way” to Flip Ethereum After Surpassing Solana
TL;DR
- BNB Chain has overtaken Solana in DeFi total value locked, reaching $5.94 billion compared with Solana’s $5.89 billion.
- Binance co-founder Changpeng Zhao acknowledged the network’s progress but said flipping Ethereum remains a “long way” away.
- Ethereum still dominates with nearly $50 billion in TVL, while BNB Chain’s rising activity reinforces its position among the leading smart-contract networks.
BNB Chain has moved into second place among blockchain networks by DeFi total value locked (TVL), according to data reported on September 14. The network holds approximately $5.94 billion in locked assets, narrowly exceeding Solana’s $5.89 billion.
Still a long way to flip ETH . Not a competition. Keep building!
- CZ BNB (@cz_binance) September 14, 2026
The shift comes as BNB Chain continues to attract activity across decentralized exchanges, lending platforms and other onchain applications. DeFi TVL remains only one measure of blockchain adoption, but the latest ranking reflects the growing amount of capital being deployed through applications operating on BNB Chain.
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