BlockBeats News, March 20th, according to data from DeFilama and CoinMarketCap, BNB Chain has been actively defying the odds in the past week, becoming a core driver of market activity surge with the highest DEX trading volume and on-chain fee revenue. Key data:
DEX Dominance: Since March 15th, DEXs based on the BNB Chain have held over 30% of the total decentralized exchange trading volume for 6 consecutive days, far surpassing other blockchains.
Surge in On-chain Fees: Since March 17th, the daily average on-chain fees have exceeded $1.6 million, reflecting a significant increase in network usage.
BNB Outperforms BTC: In the past week, BNB's price increase has outpaced Bitcoin, highlighting the resilience of market demand, as it continues to remain strong even amidst overall volatility.
Tokens Experience Explosive Growth: Ecosystem tokens have shown outstanding performance. In the meme sector: TUT skyrocketed by 5,995% during the week, topping the list of price surges; BNBXBT surged by 363%; BINK saw a 332% increase; Mubarak recorded an 8-day surge of up to 175,000%.
Regarding high-market-cap ecosystem infrastructure tokens, CAKE saw a nearly 60% increase in the past seven days, Four.meme's ecosystem token Form doubled in price, and Bounce experienced a 64% surge.
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