#LOVEBINANCE Binance Wallet Leads Market with $90.56M Transactions Capturing 54.1% Share
Binance Walletâs volume.
BNB Chainâs decentralized exchange (DEX) volume reached an all-time high of $1.64 billion on March 16. The surge was driven by memecoins, with PancakeSwap ($CAKE) leading at $1.47 billion in volume. Other tokens like $MUBARAK, $BNX, and $CHEEMS also contributed to the increase.
Binance Walletâs Market Surge
Binance Wallet also led in active trading users, reaching 28,103 users on March 18. It accounted for 29.5% of the total active traders in the crypto wallet sector. The platform now supports 18 public chains, including BNB Smart Chain and Ethereum.
The walletâs daily transaction volume has surged over 24 times compared to early March. This increase highlights Binance Walletâs growing dominance in the crypto wallet market. The shift follows major changes in the decentralized finance (DeFi) landscape, with traders seeking new platforms after OKXâs decision.
BNB Chainâs DEX ecosystem continues to expand, with memecoin trading fueling record-high volumes. Binance Walletâs rise underscores its growing role in the decentralized trading sector.