BNB Chain's trading volume and token price increase have both soared to No.1 in the past seven days

PANews reported on March 20 that according to data from DeFilama and CoinMarketCap, BNB Chain performed well in the past week. With the highest DEX transaction volume and on-chain fee income, it has become the core driving force behind the surge in market activity. The key data are as follows:

• DEX dominance : Since March 15, DEX based on BNB Chain has accounted for more than 30% of the total transaction volume of decentralized trading platforms for 6 consecutive days, far exceeding other public chains.

• On-chain fees surge : Since March 17, average daily on-chain fees have exceeded $1.6 million, reflecting a significant increase in network usage.

• BNB outperforms BTC : BNB’s price gains have outpaced Bitcoin’s over the past week, highlighting the resilience of market demand for it, and BNB remains strong despite overall market volatility.

• Token surge : Tokens within the ecosystem performed outstandingly. Meme tokens such as $TUT increased by as much as 5,995%, $BNBXBT increased by 363%, $BINK increased by 332%, and $Mubarak’s eight-day increase reached 175,000%.

• Large-cap ecosystem tokens : $Cake rose nearly 60% in seven days, $Form (Four.meme ecosystem token) doubled in price, and $Bounce rose 64%.