According to PANews on March 20, according to DeFilama and CoinMarketCap data, BNB Chain performed well in the past week, and has become the core driving force for the surge in market activity with the highest DEX transaction volume and on-chain fee revenue.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 expense surge: Since March 17, the average on-chain daily expenses have exceeded $1.6 million, reflecting a sharp rise in network usage.
• BNB outperforms BTC: BNB's price increase over the past week has surpassed Bitcoin, highlighting the market's resilience to its demand, and BNB remains strong despite overall market volatility.
• Token surge: Tokens in the ecosystem performed outstandingly, with Meme tokens such as $TUT rising by as much as 5,995%, $BNBXBT rising by 363%, $BINK rising by 332%, and $Mubarak's eight-day increase reached 175,000%.
• Large-cap eco-token: $Cake rose nearly 60% in seven days, $Form (Four.meme eco-token) doubled, and $Bounce rose 64%.