#BNBChainMeme
Trading volume, Recent data indicates that the trading volume on the DEXs of the BNB Chain has significantly surpassed that of other blockchains, including Ethereum and Solana.
* In certain periods, the trading volume of the BNB Chain has reached double that of Ethereum.
PancakeSwap as a leader:
PancakeSwap, a DEX that operates primarily on the BNB Chain, has been an important factor in this increase in volume.
On some occasions, PancakeSwap has led the trading volume among all DEXs across multiple chains.
Contributing factors:
The increase in activity on the BNB Chain has been driven, in part, by speculative trading of memecoins.
An increase in daily active addresses on the BNB Chain has also been observed.
Competition with other blockchains:
The BNB Chain has strongly competed with Solana in terms of trading volume and daily fees.
In some cases, the BNB Chain has surpassed Solana in trading volume on DEXs over 24-hour periods.
The BNB Chain has come to surpass Solana in daily fee generation, becoming the leading blockchain in this metric.
