In a report on Tuesday, Franklin Templeton pointed out that Solana's DeFi ecosystem is growing much faster than Ethereum, and its revenue is also higher, but its token valuation is still significantly low and there is a "value asymmetry" phenomenon. The report compares Solana and Ethereum, two leading DeFi projects in the ecosystem. The data shows that the average annual fee growth of Solana project is 2,400%, and the valuation multiple is only 9x, while the related project fee growth of Ethereum is only 150%, but the valuation multiple is as high as 18x. The report further points out that DeFi may be entering a new era dominated by the Solana Virtual Machine (SVM), with the Ethereum Virtual Machine (EVM) challenging its historic dominance in the DeFi space. Despite this, Franklin Templeton remains optimistic about the long-term development of Ethereum, believing that the scaling strategy of its Layer 2 solution has made progress, driving the scalability of the entire network. But in terms of market pricing, the value mismatch of Solana DeFi tokens may not last long. As the Solana ecosystem continues to demonstrate its resilience on decentralized computing platforms, the market may gradually adjust its valuation to bring the price of Solana's leading DeFi projects into line with Ethereum's blue-chip protocol.