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Binance founder Zhao Changpeng said BNB Chain still has a long way to go before reaching the point of overtaking Ethereum, even after its total value locked in DeFi surpassed Solana, or SOL. Zhao said there was no need to interpret the development of each blockchain ecosystem as competition with one another, and added BNB Chain should keep focusing on expanding its ecosystem and strengthening core infrastructure rather than short-term gains.