Franklin Templeton says Solana Defi has been reduced by its value compared to Ethereum’s.

The loud decentralized financing scene in Solana grows faster than ETHEREUM, and earns more money as well. However, Franklin Timbalton indicated in a report on Tuesday, the distinctive symbols are less.

The report said: “Solana Defi evaluation is trading less than their ETHEREUM counterparts despite the features of significantly higher growth, highlighting the lack of consistency of the apparent evaluation.”

Franklin Templeton compared the distinctive symbols of five pioneering projects in ETH (LDO, AAVE, Ena, MKR and UNI) for those of five of the most powerful Solana (JTO, JuP, KMNO, MNDE and Ray). Solana projects have seen a medium growth of 2400 % in fees on an annual basis, an average multiple of 9x, while ETHEREMM projects rose only 150 %, and a multiplier 18X.

The trends come after a year of Solana’s growing growth. Memecoin merchants in particular operated the network’s decentralized stock exchanges to new horizons in 2024. In January 2025, Dex Solana had a larger size than those in the entire ethereum ecological system, combined.

“Defi may enter an era of the dominance of the apparent machine in Solana, and is away from the historical era of the EVM based on the historical era,” the report said.

This does not mean that Ethereum Mainnet has ended. On the contrary, Franklin Templeton said that the shift in activity to Blockchains layer 2 “is evidence that the ETHEREUM scaling approach strikes his steps.”

But asymmetry between high -value ETHEREUM assets and relatively estimated Solana Solana symbols may not last.

“With the Solana continues to show its flexibility as a central, no central computing platform, the market may soon prosecute the Solana Defi Cornerstone protocols with similar ethereum protocols.