The post Binance’s BSC steals top spot of dApp transaction volume from Ethereum appeared on BitcoinEthereumNews.com.

Binance’s BNB Chain became the leader for on-chain activity linked to distributed apps. The chain has moved ahead of Ethereum, getting a boost from a recent upgrade that further lowered fees.  BNB Smart Chain is quickly turning into the venue for decentralized apps, stepping ahead of Ethereum in terms of dApp-based on-chain activity. Despite the dominance of Solana in the meme token narrative, BNB Smart Chain is carving its own share of the meme market, as well as curated incentives for Binance Wallet users and BNB holders.  The Binance ecosystem is still attempting to revive its activity after two years of bear markets and low transaction levels, working with both large-scale funds like World Liberty Fi, and incentivizing retail users. BSC benefits from ecosystem activity Based on the DappRadar leaderboards, BNB Chain apps moved ahead in the past few weeks with growing economic activity. In the past day, BNB Chain posted over $80B in app volumes. The rankings can shift on a daily basis, and may reflect temporary growth for some chains, or one-off events that boost traffic.  BNB Chain preserved its app trend for the whole of the past week, with a long-term competition against Ethereum. The competition reflects the different use cases for some chains, ranging from large-scale whale movements to low-cost on-chain fun, airdrop hunting, or meme token speculation.  BNB Smart Chain still carries the major share of on-chain activity. | Source: Dune Analytics The chain also carries over 697K daily active users, above the 450K active wallets on Ethereum. BNB Chain has even surpassed Solana in dApp activity, with highly active decentralized trading. The recent incentives for trading on PancakeSwap are boosting overall volumes. The DEX is also the top app with over 62K daily active users. PancakeSwap benefits from several campaigns, including the competition for…

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Filed under: News - @ June 12, 2025 5:25 pm