#BNBChainOverSolanaInDEXVolume BNB Chain has recently surpassed Solana in daily DEX trading volume, reaching $2.13 billion in 24-hour transactions. This surge is attributed to several factors ¹:

- *Meme Coin Activity*: Meme coins have become significant market drivers, with tokens like MUBARAK and TST experiencing substantial price rallies. MUBARAK's market cap even exceeded $143 million, with some traders making hundreds of thousands of dollars.

- *PancakeSwap's Dominance*: PancakeSwap, the main DEX on BNB Chain, has become the top-performing DEX across all blockchains, with daily volumes of around $2.7 billion and $5 million in fees. Its advantages include lower transaction fees and faster transaction completion times compared to Ethereum-based DEXs.

- *Technical Upgrades*: BNB Chain has implemented important network upgrades, such as the Pascal Hard Fork, which integrates advanced functionalities like gas abstraction and smart contract wallets. Upcoming hard forks, like Lorentz and Maxwell, will further decrease block processing times.

- *Market Support Programs*: Strategic initiatives like the $4.4 million BNB Chain Meme Liquidity Support Program and Binance Wallet's zero trading fees promotion have bolstered BNB Chain's growth.

In comparison to Solana, BNB Chain's ecosystem has shown stronger growth, with a 60% increase in weekly trading volume, reaching $13.56 billion. Solana, on the other hand, experienced a 40% decline in weekly trading volume. BNB Chain's success can be attributed to its ability to capitalize on market trends and technical advantages, making it a formidable competitor in the DEX space ¹.