Franklin Templeton reports that Solana’s DeFi ecosystem is rapidly growing and may challenge Ethereum’s market valuation. As of early 2025, Solana had 26 times more active addresses than Ethereum.
The report emphasizes that Solana’s DeFi tokens are undervalued relative to Ethereum, presenting potential investment opportunities. Additionally, Franklin Templeton has filed for a spot Solana ETF with staking capabilities.
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