BNB Chain #1 in On-Chain Trading Volume, far outpacing Ethereum and Solana:
$BNB chain recorded $13.31 billion in decentralized exchange (DEX) trading volume, according to DeFiLlama and Blockchain.News. (May 26th)
This performance just didn't out-perform close competitors but did it in multiple folds. 7.9x that of Ethereum ($1.675B) and 5.7x that of Solana ($2.32B) to be exact.
The primary drivers are Binance Wallet and Binance Alpha. behind this tremendous growth. Data shows that on May 29, BNB Chain accounted for 98.6% of daily on-chain trading volume among tracked blockchains, further provingstrong user migration and ecosystem dominance.
