BNB Chain extends dominant streak as Binance exchange and Trust wallet lead in CEX, DEX activity
The post BNB Chain extends dominant streak as Binance exchange and Trust wallet lead in CEX, DEX activity appeared on BitcoinEthereumNews.com.
There are rumors that it is officially BNB season, and network activity on DEXs and CEXs has been going crazy. According to reports, Binance exchange has emerged the leading CEX by download, beating apps like OKX, Bitget, Coinbase, and Bybit. According to an X post by @crypto_rand, Binance has almost 60 million monthly visits, supports more than 400 coins and saw about 4.83 million downloads in February alone. That number is more than double the amount of downloads OKX, which came in second place, had. Binance leads crypto exchange apps in terms of downloads this month. Source: Sensor Tower As for DEXs, Trust Wallet leads the group in activity and downloads as volume pushes hard. According to an X post from @Axel_bitblaze69 and reposted by Changpeng Zhao (CZ), Trust Wallet beat all other DEXs in the number of wallet downloads it has racked up so far this month. Trust Wallet reportedly got downloaded about 35% more times than other apps like MetaMask, Phantom, Coinbase and Bitget. Trust Wallet retains its popularity among BNB Smart Chain users. Source: Sensor Tower In his X post, Axel highlighted how much Trust Wallet has grown in the past couple of years, claiming that he first downloaded the app in 2021 “for the $BNB memeseason,” and has been using it ever since. Since then, he noted that the wallet has become one of the most widely used with milestones like 200M+ downloads, 2.5M monthly new users and 35% of captured market share with 100+ chain integrations. Axel also called attention to the Trust Wallet zero swap fees campaign, which allows zero swaps for all token pairs on the BNB Smart Chain and will be live until March 27. The campaign was reportedly sponsored by OxProject and 1inch. Building together with the buddy @BNBCHAIN ⚒️ pic.twitter.com/6QMN1cRO3A…
Filed under: News - @ March 22, 2025 10:08 pm