The Binance Coin (BNB) ecosystem gets a momentum, which stimulates rising activities on the leading decentralized exchange pension cookies.
After a long time of oppression –according to On the former Binance CEO Changpeng Zhao – the BNB chain is back. Bullish macro -economic boosts and recent chain upgrades have renewed the earlier decreasing traction of the ecosystem.
Pancake wap, the most prominent decentralized exchange in the BNB chain ecosystem, has had this revitalization first. The platform recently recorded the largest trade volume, in addition to other DEXs in both daily and the weekly timetables.
Pancake Wap Reincarnation
Debridge, an interoperability and bridging protocol, previously emphasized a growing asset transfer from other chains to the BNB chain. In a recent afterThe protocol emphasized that funds are extensively moved from chains such as Solana, Base and Ethereum to the BNB chain.
Data of Defillama confirmed this growing traction to the network, especially on pancake wap. The Dex is now at the top of the graph on the trade volume in the last 24 hours and seven days, which performs better than long rivals uniswap and raydium.
According to the data, Pancakeswap has a 24-hour trade volume of $ 3,028 billion, making Ethereum’s Uniswap and Solana’s Raydium, which have $ 2.9 billion and $ 1.58 billion respectively.
The gap becomes wider in the 7 -day period, with Pancake wap Second place Uniswap surpassed by a stunning $ 4.28 billion. The first has a trade volume of $ 21.2 billion, and the last, $ 16.93 billion.
Dex Trade Volume
In the meantime, Zhao stated that BNB chain has just started. In response to an X post that shows the statistics, he noted That although there is no dex competence, the network will see an increased traction in the short term.
No competition. But just the beginning. 🙏
– CZ 🔶 bnb (@cz_binance) 12 February 2025
Cake rises 108 in a week%
After the Renaissance, cake, the native token of pancake swap, has risen extensively. The Utility tuck has risen no less than 108% in the last seven days, levels that are last seen in December 2024.
In the last 24 hours, Cake has risen by 54%and an intraday height of $ 3.41 has been hit before it is traced back on the press something of $ 2.93 of $ 2.93.
The BNB of BNB Chain has also seen a substantial rise in what an all -round ecosystem boost has been. The high -quality Activum has recovered the fourth place of Solana after reaching a market capitalization of $ 100 billion.
At the time of the press, BNB acts at $ 705 respectively, an increase of 11.8% and 22% in the past day and week.
