#BNBChainOverSolanaInDEXVolume As of February 13, 2025, BNB Chain surpassed Solana in daily transaction fees, generating over $5.8 million compared to Solana's $3.3 million. This marked the first time since October 2024 that a blockchain other than Ethereum or Solana led in daily fees.
This surge in BNB Chain's activity is largely attributed to increased trading volumes on PancakeSwap, a decentralized exchange operating primarily on BNB Chain. On that day, PancakeSwap outperformed all decentralized exchanges across all chains in trading volume.
In contrast, Solana experienced a significant decline in trading activity on platforms like Pump.fun, whose 24-hour fees dropped to $110,726 from a peak of $15.5 million in January 2025. This decline suggests challenges in Solana's memecoin market, potentially leading liquidity to flow towards BNB Chain.
These developments highlight the dynamic nature of blockchain ecosystems, where user activity and transaction fees can shift rapidly based on market trends and platform performance.