$BNB
The BNB Chain dominates the DEX market, surpassing 30% market share and leading in trading volume and fees since March 15.
The BNB ecosystem has recently benefited from memecoin activity, contributing $1.6 million in daily fees and strong growth.
Despite a security vulnerability discovered in the BNB ecosystem, PancakeSwap and other DEXs continue to thrive. Over the past week, BNB Chain has led in trading volume and fee generation, showing strong growth despite the overall market's apathy. The network exclusively discussed this milestone with BeInCrypto today.
Is BNB Chain surpassing Solana in DEX?
Decentralized exchanges have seen an increase in activity in recent months, primarily driven by memecoins and speculative trading. Solana has been by far the most popular network for DEX activities. However, in the past week, the BNB Chain has threatened Solana's dominance.