BNB Chain Unveils No-Code Meme Solution to Challenge Solana (SOL), Ethereum (ETH) Dominance

BNB Chain has launched a new meme solution that allows users to easily launch meme projects, even without coding skills.

BNB Chain has announced the launch of a new meme solution, designed to make it easier for users to create and launch meme projects, even without any coding experience.

The solution, which was announced on Jan. 20, is said to offer end-to-end support for users ranging from individuals to businesses.

The announcement comes amid the crypto community’s response to the launch of Official Trump (TRUMP) and Melania (MELANIA) meme coins.

While the coins have generated significant buzz ahead of Donald Trump's inauguration, the move has also attracted criticism, with concerns being raised about the implications for the broader cryptocurrency sector. Notably, TRUMP's launch on Solana (SOL) resulted in millions of dollars in fees being generated on the network.

“Recent events, like Trump’s meme-driven token surge, highlight the explosive potential of memecoins. BNB Chain is helping creators seize these moments with the tools and support to make their projects shine,” BNB Chain noted in a thread on X.

In addition to the no-code platform and launchpad support, BNB Chain will also be providing access to analytics tools and liquidity on the decentralized exchange PancakeSwap.

These offerings are part of a wider effort to onboard the next wave of web3 users and creators, with the project aiming to compete with Solana, Ethereum, and other top meme coin networks.

On Jan. 18, during the height of the Trump meme coin mania, Binance announced a temporary halt of USDC-SOL withdrawals due to congestion impacting withdrawal channels on the Solana and BNB Chain networks. However, Binance confirmed on Jan. 20 that USDC-SOL withdrawals had resumed.

According to Glassnode, Solana transaction fees spiked sharply, reaching a new all-time high of 6,000 SOL within 10 minutes of the Official Trump meme coin release. This surge occurred as demand for transactions to mint the coin reached unprecedented levels.