BNB Good Chain, a Binance-backed good contract platform constructed round Binance Coin (BNB) cryptocurrency, is witnessing spectacular development in current weeks. By buying and selling exercise and person onboarding metrics, it outshined each main rivals Solana (SOL) and Ethereum (ETH).
BNB Good Chain metrics are rocketing: DEX quantity surpasses Solana, Ethereum
BNB Good Chain noticed its TVL improve by 6% in seven days solely, outperforming different main programmable L1s. Such calculations have been shared by DWF Ventures, a VC arm of main market maker DWF Labs. BNB ecosystem’s prime DEX, PancakeSwap, generated $2.7 billion in day by day quantity and even surpassed Uniswap, a dominant DEX on EVM.
.@BNBCHAIN has been the centre of debate this week, with their DEX quantity surpassing @ethereum and @solana 🚀
Let’s break down what occurred and their catalysts👇 pic.twitter.com/y9gRwbx5UY
— DWF Ventures (@DWFVentures) March 20, 2025
CAKE, a core native cryptocurrency of PancakeSwap, registered 40% improve in 24 hours on March 17, 2025.
Additionally, the blockchain onboarded a variety of trending meme cash. A few of them have been instantly talked about by Binance’s founder and ex-ceo Changpeng Zhao, identified colloquially as CZ.
As seen by DWF Ventures’ report, strategic enlargement into meme cash, bringing contemporary verticals into the ecosystem and a variety of optimistic information about BNB and Binance have been three essential catalysts that contributed to BNB Good Chain’s development final weeks.
BNB Good Chain bets huge on promising contemporary verticals for ecosystem enlargement, together with DeSci, DePIN and RWA, the report concludes. The ecosystem metrics instantly profit from launches of contemporary altcoins in these spheres.
DWF Ventures able to gas tasks on BNB Good Chain with funding
Moreover that, Binance Pockets (former Binance Web3 Pockets) simply launched zero buying and selling charges for all buying and selling pairs for six months, probably attracting merchants and rising buying and selling quantity on the platform.
Moreover, Emirati state-owned funding agency MGX introduced a $2 billion funding into Binance, making the one largest funding right into a crypto firm.
Amid this optimistic context, DWF Labs but once more reaffirms its dedication to supporting trailblazing startups, leveraging BSC quick and cost-effective platform for dApp constructing.
