Today, the 24-Hour DEX Volume of BNB Chain Exceeds $1.71B, Beating Solana


Recently released memecoins like MUBARAK boosted BNB Chain activity.

The biggest 24-hour trading volume is on PancakeSwap, BNB Chain's primary DEX.

On-chain statistics shows BNB Chain DEX volume topping Solana in recent days. Recently introduced memecoins like MUBARAK boosted engagement and volume.

BNB Chain 24-Hour DEX Volume

DeFi Llama reported that the 24-hour DEX trade volume on the BNB Chain topped $1.7 billion, surpassing Solana at $1.1 billion.

Ethereum ranks third at $1 billion, followed by Arbitrum with $348 million.

BNB Chain DEX volume for 24 hours reached $2 billion on March 15, placing it #1 for the day. Solana placed second below $1 billion.

The newest memecoin, MUBARAK, boosted BNB Chain activity.

MUBARAK Market Cap Exceeded $143 Million
Four.meme released MUBARAK on the BNB Chain on March 13. Since its introduction, memecoin has reached a market valuation exceeding $143 million and is up 290% today.

Top memecoin traders earned hundreds of thousands of dollars, according to DEXScreener.

The MUBARAK memecoin is a four.meme community takeover.

Binance co-founder CZ referenced “Mubarak” via X on March 13 after the crypto exchange revealed its $2 billion investment from Abu Dhabi business MGX, the largest crypto investment and Binance's first institutional investment.

Mubarak means “blessed” or “happy” in Arabic and has been posted on X throughout Ramadan.

Highest 24-Hour Volume on BNB Chain's Main DEX, PancakeSwap

PancakeSwap is presently the most active DEX. DeFi Llama reports approximately $1.64 billion 24-hour volume and over 11% weekly growth.

Recent memecoin trade, particularly MUBARAK, has boosted PancakeSwap DEX volume.

BNB currency is up about 4% today, trading above $628, behind BNB Chain's surge.

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