BNB Chain has asserted its leadership in the decentralized exchanges market, surpassing Ethereum with substantial trading volume.
BNB Chain's Market Dominance
As of March 18, 2025, BNB Chain recorded a 24-hour trading volume of $2.544 billion, significantly surpassing Ethereum’s $1.348 billion. PancakeSwap, a leading platform in the ecosystem, generated $1.639 billion, contributing to BNB Chain's market dominance.
Popularity of Meme Tokens
On BNB Chain, meme tokens account for 72.52% of the total trading volume. Among the weekly top 50 tokens, 83% of meme projects launched on Four.meme. Memes and DeFi tokens emerged as the most popular asset categories in the current trading landscape.
Liquidity Support Program and Ecosystem Growth
The Liquidity Pool Support Program on BNB Chain has triggered increased ecosystem activity. During the second round of the competition, a significant transaction volume was attributed to memes, boosting token prices.
The growth in trading volume and success of strategic initiatives underline BNB Chain's rising role in the market, outpacing competitors and strengthening its leadership in decentralized finance.