Jun 12, 2026 4:58 PM
Ethereum has officially lost its crown. Solana has surpassed it as the leading blockchain for RWA lending deposits, and Ethena’s $250 million commitment to a tokenized CLO fund proves the institutional migration is permanent. With $1.3 trillion in credit markets moving onchain, Solana is now the premier destination for big capital. Is Ethereum’s dominance in DeFi officially over, or is this shift to Solana a massive, high-risk gamble? What’s your take?
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