Recent data from Onchain Lens reveals a significant milestone for the BSC Chain, indicating that the trading volume on BSC decentralized exchanges (DEX) has dramatically outperformed that of other blockchains within the previous 24-hour period. The BSC Chain has posted an impressive trading volume of $2.546 billion, a figure that is nearly double that of its closest rival, Ethereum, which managed to record a trading volume of $1.348 billion.
Following Ethereum, Solana reported a trading volume of $1.183 billion, showcasing its significant presence in the market as well. In contrast, Base and Arbitrum had trading volumes of $427.18 million and $385.41 million, respectively, positioning them further down the rankings. This surge in trading volume for BSC DEX highlights the growing popularity and market acceptance of Binance Smart Chain's decentralized trading platforms, which continue to attract a robust user base and increasing liquidity.
Traders and investors alike are taking notice of these trends, signaling a shift in interest towards BSC as a viable option for decentralized trading..