BNB Chain Overtakes Solana in Memecoin Trading Volume

On March 16, 2025, BNB Chain surpassed Solana as the dominant platform for memecoin trading, reaching a remarkable daily volume of $1.64 billion. This surge was fueled by retail investors and the growth of PancakeSwap on the BNB Chain. Solana experienced a significant decline in trading volume, dropping by 28%. The increased activity highlights the volatility of the crypto market and points to the rising influence of BNB Chain.