- BNB Smart Chain outperformed Solana and Ethereum in DEX volume and TVL growth over the recent seven-day tracking period.
- PancakeSwap on BNB recorded $2.7 billion in daily volume, momentarily surpassing Ethereum-based Uniswap in user and trading activity.
- DWF Labs links BNB’s recent surge to meme coin listings, altcoin launches, and strategic zero-fee trading incentives on Binance Wallet.
BNB Smart Chain is recording a sharp rise in trading volume and user engagement, according to a report shared by DWF Labs. The Binance-backed blockchain surpassed Ethereum and Solana in recent metrics, reflecting increasing traction in the smart contract ecosystem.
DWF Ventures noted that BNB Chain’s total value locked grew by 6 percent over a seven-day period, overtaking the growth of major competitors. The chain’s primary decentralized exchange, PancakeSwap, registered $2.7 billion in daily volume. This figure briefly outpaced Uniswap, the leading DEX on Ethereum, highlighting BNB’s momentum in liquidity and user traffic.
New Tokens and Meme Coin Popularity Boost Chain Activity
The report emphasized that several trending meme coins were added to the BNB ecosystem. These included tokens referenced by Binance founder Changpeng Zhao. This trend brought additional engagement from communities and traders, lifting transaction volumes across the platform.
According to DWF Ventures, the BNB Smart Chain has strategically expanded into new verticals such as DeSci, DePIN, and real-world assets. These segments have seen the introduction of fresh altcoins, which helped accelerate ecosystem growth and on-chain participation. These developments attracted increased attention from both users and investors.
Binance Wallet Fee Waiver to Support Platform Growth
Binance Wallet has suspended all trading fees for all pairs throughout the upcoming six months. The creation of a fee-free trading environment on BNB Smart Chain will drive additional user engagement by reducing trading expenses for existing and new users.
The United Arab Emirates-based investment firm MGX provided Binance with $2 billion. The large capital investment brings additional financial strength to Binance’s ecosystem as well as increased capabilities to support developing projects on the BNB Smart Chain.
DWF Labs has confirmed its plans to fund innovative projects building on BNB Smart Chain. The firm aims to support new dApps and protocols using BSC’s fast and cost-efficient infrastructure for Web3 development.
