Binance’s BNB Chain has surged to the forefront of decentralized application (dApp) activity, surpassing Ethereum for transaction volume. The recent upgrade to the chain, lowering fees and boosting its appeal, is a major factor driving this shift. Binance Smart Chain (BSC), previously overshadowed by the Ethereum narrative, is carving its own space in the meme-driven market thanks to initiatives like incentives for users of the Binance Wallet and BNB holders. The ecosystem’s revival after years of bear markets relies heavily on both large-scale investments and incentivization strategies targeted at retail users. 80 billion dollars in dApp volume has been reported in a recent time period, with the rankings shifting daily based on various factors including temporary spikes or special events. This consistent trend over the past week highlights BSC’s long-term ambition to compete with Ethereum. While both chains cater to diverse use cases like large whale movements and low-cost transactions, BSC has taken an advantage with its higher active user base and thriving decentralized exchanges (DEX) like PancakeSwap.