BNB Chain DEXs Lead in Daily Trading Volume – Coincu

BNB Chain DEXs reached a record $44.13 billion trading volume in 24 hours, surpassing Solana and Ethereum.

The surge indicates a DeFi momentum for Binance, favoring BNB Chain for its scalability and low costs.

BNB Chain’s Dominance with $44 Billion Daily Volume

In a notable surge, BNB Chain dominated DEX trading volumes with over $44.13 billion within 24 hours. This substantial figure not only highlights the blockchain’s competitive edge but also reflects broader interest in DeFi ecosystems. Comparatively, Solana maintained $27.69 billion, while Ethereum managed $13.92 billion during the same period.

This shift in trading volume distribution underscores BNB Chain’s strengthened positioning in the DeFi space. The increase in activity suggests that traders are increasingly favoring BNB Chain for its efficient transaction processing and cost-effectiveness.

“Liquidity plays a crucial role in Binance’s ability to serve all traders effectively.” — Changpeng “CZ” Zhao, CEO, Binance

A sentiment echoed by crypto analyst Eljaboom, who highlighted the current BNB season.

Impact of Historical Trends and Price Movements on BNB

Did you know? Historically, spikes in BNB Chain’s DEX volume often coincide with network enhancements and increased DeFi interest. This mirrors past events such as the 2021 surge during Ethereum congestion.

As of May 18, 2025, BNB is priced at $645.75 with a market cap of $90.98 billion and market dominance of 2.76%, according to CoinMarketCap. It reflects stability and rising interest, despite trading volume dropping by 10.01% within 24 hours.

Coincu research suggests BNB Chain’s success might catalyze further market integration, with potential regulatory traction and technological advancements. The focus on scalability and cost efficiency positions BNB Chain as a formidable player in the blockchain industry.