What happened on the BSC chain in the past 24 hours? The data speaks for itself: DEX trading volume reached $6.05 billion, and transaction fee revenue reached $5.57 million, both ranking first among public chains. This is no joke; Ethereum and Solana are lagging far behind.
PancakeSwap alone contributed $4.29 billion in trading volume, practically dominating the market. The transaction fee revenue is even more outrageous: BSC's daily revenue is more than double that of Tron (1.46 million) and Ethereum (1.2 million) combined.
The driving force is clear: the meme coin craze. Coins like "Binance Life" and "Customer Service Xiao He" have driven over 100,000 addresses to participate in trading, and Bubblemaps data shows that 70% of these users are profiting. Once the wealth effect is established, it becomes a wildly positive cycle. Binance even suspended BNB withdrawals on the BSC network, demonstrating the on-chain congestion.
This surge is no accident. YZi Labs just announced a $1 billion fund to support the BNB ecosystem; the timing couldn't be more impeccable. High-performance, low-cost infrastructure has now been proven in the real world. The ability of daily transaction volume to withstand this level of impact demonstrates the robustness of the underlying infrastructure.
But a more sober view is that the meme craze is ultimately a short-term stimulus. The key is how to channel this traffic into long-term applications like DeFi, GameFi, and RWA. Ecosystem prosperity cannot rely solely on speculation; it must be supported by real application scenarios. BSC currently holds the three trump cards of traffic, capital, and users; it all depends on how it executes these strategies going forward.