BNB Smart Chain Growth

BNB Smart Chain, supported by Binance, is experiencing significant growth recently, surpassing Solana and Ethereum in trading activity and user onboarding metrics.

BNB Smart Chain Metrics Rocketing: DEX Volume Surpasses Solana, Ethereum

The Total Value Locked (TVL) on BNB Smart Chain increased by 6% in just seven days, outperforming other major layer-1 (L1) platforms. DWF Ventures, the VC arm of market maker DWF Labs, shared these insights. PancakeSwap, the leading DEX in the BNB ecosystem, achieved $2.7 billion in daily volume, surpassing even Uniswap.

> .@BNBCHAIN has been at the center of discussion this week, with their DEX volume surpassing @ethereum and @solana 🚀
> Let’s break down what happened and their catalysts👇
> — DWF Ventures (@DWFVentures) March 20, 2025

On March 17, 2025, CAKE, the native cryptocurrency of PancakeSwap, saw a 40% increase within 24 hours.

The blockchain has also welcomed several trending meme coins, some of which were highlighted by Binance’s founder, Changpeng Zhao (CZ).

According to DWF Ventures, three key catalysts fueled BNB Smart Chain’s growth: strategic expansion into meme coins, the introduction of fresh verticals into the ecosystem, and positive developments regarding BNB and Binance.

BNB Smart Chain is investing in new areas for ecosystem expansion, such as DeSci, DePIN, and RWA, benefiting from the launch of new altcoins in these sectors.

DWF Ventures Ready to Fuel Projects on BNB Smart Chain with Funding

In addition, Binance Wallet (formerly Binance Web3 Wallet) has launched zero trading fees for all pairs for the next six months, which may attract more traders and boost trading volumes.

Furthermore, the Emirati investment firm MGX announced a $2 billion investment in Binance, marking the largest single investment in a crypto company to date.

Amid this favorable backdrop, DWF Labs reiterates its commitment to supporting innovative startups, leveraging BSC’s fast and cost-effective platform for decentralized application (dApp) development.