Binance Smart Chain (BSC) has gained attention due to its recent rise in transaction volume, surpassing Solana over the past 24 hours and the last week. This shift highlights the platform's focus on memecoins and AI initiatives.
Increase in BSC Transaction Volume
Recently, BSC has shown robust activity in the decentralized applications (DApps) sector. BSC's weekly transaction volume reached $374.5 million, with a 24-hour volume of $213.9 million. This establishes BSC as a leading platform for transactions, especially in the context of memecoins. BSC's ability to handle 57,216 tokens created on its platform, along with the launch of 8,712 new tokens in a single day, demonstrates its growing capacity and appeal. Combined with lower network fees than Ethereum, this makes BSC a preferred choice for traders and developers.
AI Initiatives on BSC
Changpeng Zhao (CZ), the former CEO of Binance, is actively promoting the development of BSC through AI-driven projects. One such initiative is Four.Meme, a platform similar to Solana's Pump.fun, which allows rapid memecoin launches. This initiative is supported by CZ's public actions, such as publishing video tutorials and engaging with the community via social media.
Binance's Bet on BSC Tokens
Since the beginning of 2025, Binance has focused on listing BSC-based tokens. Of the 10 tokens added through Binance Alpha, 60% are related to memecoins. Notably, TST and BROCCOLI have emerged as leading tokens. TST, initially a test token, surged to $500,000 in market capitalization within hours of CZ's mention on social media, while BROCCOLI, inspired by CZ's dog, achieved $101 million.
Despite significant growth, Binance Smart Chain still has a gap to close with Solana in terms of memecoin volume and capitalization. However, recent achievements and strategic support from Binance indicate increasing competition in this area in the future.
