Competitions within the cryptocurrency market set new trends every day. Nowadays, data from Crypto Rover reported an interesting development in the market -BNB chain has overtaken Rivals and conquered the top position in the weekly DEX trading volume. BNB chain has registered a DEX volume of $ 15 billion in the last seven days, better than Ethereum and Solana. This record reinforces its rising dominance in the Defi sector.
$ BNB chain leads all networks in Dex volume this week.
No competition. pic.twitter.com/wyhdxs2hap
– Crypto Rover (@resrovercrc) March 22, 2025
BNB chain shines on the Dex market
According to the data, BNB Smart Chain has emerged as the best executor in the decentralized exchange market, so that Sol and ETH are surpassed. In the past week, BNB Smart Chain generated the highest trading volume and the reimbursements for other protocols, with robust growth.
In recent months, decentralized exchanges (DEXs) have registered an increased activity, which was largely stimulated by speculative activity and meme-oriented tokens. Solana is the most prominent platform for DEX activities. However, things changed considerably in the past week, because the BNB chain overwhelmed the dominance of Solana.
In the last seven days, from 15one– 21star March, Dexs developed on the BNB chain contributed more than 30% of the entire DEX market share, the other block chains surpass and cement the status of BNB chain as an emerging driving force in the Defi landscape.
The latest data from Crypto Rover shows that DEX activities on the BNB chain have risen considerably and reached $ 15 billion last week. Ethereum was second with a Dex volume of $ 9 billion. The former leader, Solana, took the third position with a Dex volume of $ 7 billion. Other prominent block chains such as Arbitrum, Base, Tron, Sui and Hyperliquid, also gained visibility for their excellent Dex volume, as marked in the data.
Why this trend is coming forward
The Dex volume of $ 15 billion of the BNB chain shows the robust acceptance and strong liquidity of the network within its ecosystem. The edge of BNB stems from its strong support from Binance, integration with zero knowledge role and liquidity stimuli, which help it all on the Defi market in Leiden. The innovation and adoption are also catalysts for the driving force.
The remarkable performance of BNB Chain shows a shift in trade preferences, possibly influenced by the low transaction costs and a fast network. Although SOL is still a powerful competitor, challenges such as transaction coupling and network interruptions have hindered development. Although ETH is still the undisputed leader of the decentralized financial landscape, the exorbitant trading costs influence users to look for better options.