Binance Smart Chain (BSC) is rapidly gaining traction as a decentralized finance (DeFi) hub. With its low gas fees and high transaction speeds, BSC is becoming an attractive alternative to Ethereum. The total value locked (TVL) in BSC-based DeFi protocols has surged past $10 billion, surpassing that of some Ethereum-based platforms. Will BSC continue to challenge Ethereum's dominance in the DeFi space?

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BSC's low gas fees and high speeds have indeed made it an attractive alternative to Ethereum. TVL growth is a strong indicator of its potential to continue challenging Ethereum's dominance in DeFi.