PANews reported on March 20 that according to data from DeFilama and CoinMarketCap, the BNB Chain has performed impressively in the past week, becoming the core driving force behind the surge in market activity, thanks to its leading DEX trading volume and on-chain fee income. Key data are as follows:

• DEX Dominance: Since March 15, DEXes based on the BNB Chain have accounted for more than 30% of the total trading volume of decentralized trading platforms for 6 consecutive days, far exceeding other public chains.

• Surging On-chain Fees: Since March 17, the daily average on-chain fees have exceeded $1.6 million, reflecting a significant increase in network usage.

• BNB Outperforms BTC: Over the past week, the price increase of BNB has surpassed that of Bitcoin, highlighting the resilience of market demand for it, despite the overall market volatility, BNB has remained strong.

• Token Surge: Tokens in the ecosystem have performed outstandingly, with meme-type tokens such as $TUT surging by as much as 5,995%, $BNBXBT rising by 363%, $BINK increasing by 332%, and $Mubarak even reaching a staggering 175,000% increase in eight days.

• Large-cap Ecosystem Tokens: $Cake has risen nearly 60% in seven days, the price of $Form (the Four.meme ecosystem token) has doubled, and $Bounce has increased by 64%.