With the recent resurgence of positive momentum around the crypto market, the top blockchains are experiencing significant growth in total value locked (TVL). According to DefiLlama’s data, the prominent blockchains based on the total value locked this week include Ethereum, Solana, Tron, Bitcoin, and so on. The well-known DeFi TVL aggregator made the data of these chains available on its official web portal.
Ethereum takes the top spot among blockchains based on TVL with an increase of 7.14% this week
DefiLlama’s data presents Ethereum as the leading blockchain in line with TVL. It has reportedly seen a 7.14% increase in total value locked over the past seven days. As a result, the platform’s TVL currently stands at $68.303 billion. After this, Solana stands at $12.02 billion in terms of TVL. This figure is responsible for a huge spike of 43.02% during the week.
Tron secures the 3rd place in DefiLlama’s ranking of chains in terms of TVL. The total locked value of the blockchain has reached $7.237 billion. This amount indicates a weekly increase of 3.40%. Then Bitcoin obtains the 4e rank among the top blockchains with peak TVL. In this regard, $7.175 billion is Bitcoin’s current TVL level. This represents an increase of 11.54% compared to the past week. The next blockchain on this list is Binance Smart Chain, which secures 5e place with a TVL of almost $5.74 billion. This indicates a weekly jump of up to 4.20%.
After that, Base occupies the next rank, with a total locked value of $3.707 billion. This TVL level shows an overall peak of 5.68% over the past week. This leads to Arbitrum, which has effectively achieved a 7e position in the list of chains when it comes to TVL. Arbitrum’s total value now stands at approximately $3.04 billion, indicating a weekly increase of 4.03%.
Avalanche Bottoms list with $1.425 billion in total value locked
The list continues and places Sui in the 8e as the TVL is $1.993 billion, reflecting a weekly increase of 4.08%. In addition, Hyperliquid has posted a weekly increase of 17.68%, bringing its TVL to $1.699 billion. Avalanche follows next with a jump of 8.11%, bringing the total value of the blockchain to almost $1.425 billion.
