BNB Chain Dethrones Solana in Daily Fees After Aster DEX-Fueled Surge
BNB Chain has overtaken Solana in each day chain charges and sustained the lead for 3 consecutive days.
Fees, that are a key indicator of precise community utilization, reveal a pointy reversal after Solana dominated mid-September with highs round $2.2 million in comparison with BNB Chain’s $0.6-$0.8 million.
BNB Chain Activity Spikes
From September 20 to 22, CryptoRank observed that BNB Chain surged to roughly $1.1-$1.4 million in each day charges, whereas Solana cooled to about $0.85-$0.95 million.
This surge coincided with the launch of Aster DEX on BNB Chain, an occasion publicly endorsed by Binance founder CZ, driving contemporary person exercise, liquidity inflows, and rising paid demand for BNB Chain’s blockspace.
As of September 23, Aster’s TVL reached $1.52 billion, in response to DefiLlama, following a pointy uptick in the month’s remaining week. The inflow of liquidity signifies that customers are turning to Aster for decentralized buying and selling and yield farming. Reflecting this momentum, the platform briefly overtook Hyperliquid in each day buying and selling quantity. Over the previous 24 hours, Aster recorded a buying and selling quantity of $515.51 million, which pushed its weekly quantity above $3 billion.
This rising person engagement on Aster and record-breaking payment exercise may also be seen in the broader surge in BNB Chain’s general community adoption.
Data compiled by Chainspect revealed that BNB Chain reached a brand new exercise milestone after processing over 16.5 million transactions in a single day on September twenty first. This throughput translated to a median of 191 transactions per second (TPS) recorded repeatedly for twenty-four hours, which evidenced the community’s rising capability and adoption.
Additionally, Santiment found that BNB Chain secured the second spot in phrases of the main blockchain ecosystems by complete growth exercise over the previous 30 days. This rating displays the quantity of growth occasions, corresponding to good contract updates, protocol enhancements, and ecosystem integrations. BNB Chain is trailing solely Ethereum, whereas outpacing different outstanding networks like Polygon, Optimism, and Arbitrum.
BNB Defies Market Sell-Off
On the value entrance, BNB, the native token of BNB Chain, bucked the pattern because it defied the broader crypto market’s downtrend. After just lately joining the four-digit membership, the token rebounded sharply whilst different main cash struggled.
BNB climbed practically 10% over the previous week, standing out amongst its friends who largely remained in the crimson. Despite wider market weak spot, it was presently buying and selling at $1,016.
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