- BNB Chain has flipped Solana in 24-hour DEX quantity for 3 straight days.
- Meme coin exercise, new listings, and institutional inflows are fueling file development.
- BNB’s rising dominance might reshape Layer-1 competitors heading into This fall.
In a serious shift throughout decentralized exchanges, BNB Chain has overtaken Solana in 24-hour DEX buying and selling quantity for 3 consecutive days—signaling a breakout second for Binance’s ecosystem.
In line with information from LunarCrush, BNB’s DEX quantity reached $9.03 billion on October 8, surpassing Solana’s $7.10 billion. The surge comes amid heavy meme coin buying and selling, sturdy on-chain engagement, and rising institutional curiosity.
BNB’s momentum extends past buying and selling quantity. Its worth has climbed to a brand new all-time excessive of $1,330.51 up 47% over the previous month, whereas market cap surged to $183.7 billion, overtaking XRP for the #3 place. Analysts credit score the rally to the continued “BNB meme season” and profitable listings like $ASTER and $4 on Aster DEX, which alone have generated greater than $2 trillion in cumulative quantity.
Additional fueling the growth, CZ’s YZi Labs unveiled a $1 billion builder fund geared toward increasing DeFi, AI, and RWA improvement on BNB Chain—signaling Binance’s deeper push into next-generation blockchain sectors.
Solana Nonetheless Sturdy, However Stress Builds
Solana stays a formidable competitor, buying and selling at $222.30 with a $121 billion market cap and a well-established DEX ecosystem. But, BNB’s ultra-low charges (0.05 Gwei) and entry to Binance’s 460 million customers are attracting merchants in droves. On-chain participation has grown by over 100,000 wallets up to now week, and 70% of latest BNB meme consumers are at the moment in revenue, per Bubble Maps.
As BNB approaches the $1,500 mark, its increasing dominance might reBdefine Layer-1 rivalries heading into 2026. For Solana, the message is obvious—continued innovation and liquidity incentives shall be key to reclaiming momentum.
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