2026-01-08 16:30:33

The landscape of the DeFi lending market has completely transformed over the past three years. According to on-chain data, the lending ecosystem outside of Ethereum has formed a multi-polar pattern—Base, Solana, and Plasma each account for about 20% of deposits, while Arbitrum and BNB Chain each hold around 10% of the market.

Interestingly, Plasma, as a rising star, has achieved significant growth in the short term. However, the market's common focus is on a key question: can this growth momentum be sustained? Industry experts believe that the future performance of Plasma One could become a crucial turning point in determining its long-term ecosystem value. Competition in the entire lending market is becoming increasingly fierce, with each blockchain vying for users and liquidity through their respective DeFi innovations.

ETH-0.12%

SOL3.19%

XPL5.16%

ARB0.82%

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NFTHoarder

· 20h ago

Plasma's recent growth has been really strong, but it's hard to say how long it can last... Base and Solana split 20%, the competition is so fierce If Plasma One lacks momentum, it will be finished; the lending track still carries quite a bit of risk DeFi has changed so much in three years, where will the next dark horse appear? Watching various chains compete, liquidity is becoming more and more fragmented Plasma is hot, but the biggest fear is that once the capital story is over, it will cool down... Multilateralism sounds good, but in reality, no one can dominate everything

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DegenWhisperer