- BNB Chain recorded ~$178B in 24-hour DEX quantity, surpassing Solana’s ~$143B.
- Progress pushed by report perpetuals buying and selling, meme coin exercise, and RWA tokenization.
- Robust ecosystem metrics: $17.1B TVL, 4.2M every day customers, and a brand new BNB all-time excessive at $1,295.
BNB Chain (BSC) has formally overtaken Solana in 24-hour decentralized trade (DEX) quantity, marking a significant milestone within the Layer-1 race. In response to DeFiLlama and ecosystem trackers, BNB Chain logged roughly $178 billion in 24-hour DEX exercise, in comparison with Solana’s $143 billion. The surge cements BNB’s management in on-chain buying and selling, backed by report perpetual futures quantity exceeding $100 billion, dominant chain charges, and the best liquidity throughout key decentralized markets.
BNB’s ecosystem has expanded quickly in October, with Complete Worth Locked (TVL) climbing to $17.1 billion and every day lively customers surpassing 4.2 million. The BNB token itself lately set a brand new all-time excessive of $1,295, rising over 113% year-to-date.
Why BNB is Successful the Quantity Battle
BNB’s dominance is fueled by low charges, quick finality (1.875s by way of the Maxwell improve), and explosive exercise throughout meme cash, DeFi, and real-world property (RWA). Key platforms like PancakeSwap alone drove over $165 billion in month-to-month quantity. Incentive applications, together with a $100 million liquidity marketing campaign and zero-fee stablecoin transfers, have additionally drawn merchants. In the meantime, Binance’s deep ecosystem affect and group momentum—boosted by its 5-year anniversary—proceed to amplify exercise.
In distinction, Solana stays robust in NFTs and general chain exercise, however trails BNB in DEX-specific liquidity and buying and selling incentives.
Market Influence and Sentiment
BNB’s social sentiment hit 87% optimistic, with merchants celebrating the flip as a bullish sign. Analysts recommend BNB’s power in DeFi and perpetuals positions it for additional good points, doubtlessly pushing the token past $1,500 if Bitcoin sustains its rally above $125K. For merchants, the message is obvious: BNB Chain is now the busiest enviornment for on-chain buying and selling.
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