BNB Chain Overtakes Solana in Memecoin Trading Volume

by Ouess

The memecoin trading landscape has shifted dramatically, with BNB Chain now commanding 45% of all memecoin DEX volume – dethroning Solana from its top spot.

The New Memecoin Trading Leader

Recent data reveals a major shift in blockchain dominance:

  • BNB Chain: 45% market share (up from 25% in April)
  • Solana: 25% (down from 40% in April)
  • Ethereum: Steady at 20%

This marks a significant reversal from Solana’s 12-month reign as the go-to chain for memecoin traders.

What’s Driving BNB Chain’s Surge?

Two key factors explain the sudden growth:

  1. Binance Alpha Program: Boosts visibility and liquidity for selected memecoins
  2. Exchange advantage: Binance’s native chain benefits from direct exchange integration

However, not all projects succeed – Bondex (BDXN) collapsed post-listing due to massive profit-taking.

How Other Chains Are Responding

While BNB leads, other networks aren’t standing still:

  • Solana: Still producing viral hits (TRUMP coin +3,000% in 24h)
  • Cardano: Partnered with SNEK memecoin to boost activity
  • Ethereum: Holding steady with 20% share
  • Base/Others: Combined 10% of market

The Future of Memecoin Trading

Industry experts predict:
📈 Memecoin ETF by 2026 (Bloomberg’s Eric Balchunas)
🔥 Continued competition between chains for memecoin dominance
💡 Innovation in launch platforms (Pump.fun targeting $1B raise)

With trading volumes shifting monthly, this space remains one of crypto’s most dynamic sectors.

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