With the recent resurge in the positive momentum around the crypto market, the top blockchains are experiencing significant growth in total value locked (TVL). As per the data from DefiLlama, the prominent blockchains based on total value locked this week include Ethereum, Solana, Tron, Bitcoin, and so on. The well-known DeFi TVL aggregator provided the data of these chains on its official web portal.
Ethereum Takes Top Position Among Blockchains Based on TVL with 7.14% Surge This Week
The data from DefiLlama presents Ethereum as the leading blockchain in line with TVL. It has reportedly seen a 7.14% increase in its total value locked during the recent seven days. As a result of this, the TVL of the platform is currently standing at $68.303B. After this, Solana stands at $12.02B in terms of TVL. This figure accounts for a massive 43.02% spike over the week.
Tron secures the 3rd place in DefiLlama’s ranking of chains in terms of TVL. The blockchain’s total value locked has reached $7.237B. This amount denotes a 3.40% weekly upsurge. Subsequently, Bitcoin obtains the 4th place among the top blockchains with peak TVL. In this respect, $7.175B is the present TVL level of Bitcoin. This signifies an 11.54% increase over the last week. The next blockchain on this list is Binance Smart Chain, securing 5th spot with a TVL of nearly $5.74B. This points toward a weekly jump of up to 4.20%.
Following that, Base occupies the next rank, with its total value locked touching $3.707B. This TVL level shows an overall 5.68% spike throughout the recent week. This leads to Arbitrum, which has effectively gained the 7th position in the list of chains when it comes to TVL. The total value locked of Arbitrum is now standing at approximately $3.04B, highlighting a 4.03% weekly rise.
Avalanche Bottoms List with $1.425B in Total Value Locked
The list moves on to place Sui in the 8th place as its TVL is $1.993B, as a result of a 4.08% weekly surge. Apart from that, Hyperliquid has shown a 17.68% weekly increase, placing its TVL at $1.699B. Avalanche comes after this with an 8.11% jump, leading the blockchain’s total value locked to nearly $1.425B.
