Over the past week, BNB Chain saw a 37% decrease in on-chain activity and a 25% drop in DApp transactions. Poorly performing platforms included PancakeSwap (down 25%) and Uniswap (down 22%). In contrast, Ethereum DApp transactions fell 9% over the same period, while Solana saw a 15% decrease in on-chain activity, according to DefiLlama.

Currently, BNB Chain TVL is 8.1 million BNB, which is little changed compared to two months ago. However, its network fees fell to the lowest level in more than four years in the week ending October 7, with accumulated fees of 1,880 BNB during the period, a 56% decrease compared to the previous week.

Meanwhile, Ethereum TVL is 19.2 million ETH, the same as two months ago; Solana TVL rose to 40.9 million SOL, the highest level in two years, up 26% in the past two months. (Cointelegraph) #Binance