BNB鏈條隨著Solana的Memecoin生態系統面臨身份危機而激增

BNB鍊是與加密貨幣交換二元相關的EVM兼容網絡，正經歷著分散的金融（DEFI）的複興（DEFI）

BNB Chain, the EVM-compatible network tied to cryptocurrency exchange Binance, is experiencing a striking resurgence in the decentralized finance (DeFi) and memecoin spaces just as some of its rivals face an identity crisis.

BNB鍊是EVM兼容的網絡，與加密貨幣交換均值相關，正經歷著分散的金融（DEFI）和MEMECOIN空間的驚人復興，就像它的某些競爭對手面臨著身份危機一樣。

For most of 2024 and into early 2025, Solana (SOL) has largely dominated the retail DeFi narrative. It became the network of choice for memecoins tied to celebrities, influencers and political figures, including US President Donald Trump.

在2024年和2025年初的大部分時間裡，Solana（Sol）在很大程度上佔據了零售方式的敘述。它成為與包括美國總統唐納德·特朗普在內的名人，有影響力的人和政治人物相關的成年人的首選網絡。

However, the ecosystem took a reputational hit after Argentine President Javier Milei jumped on the memecoin bandwagon. His associated project, “Libra,” was accused of insider trading. The controversy dented trust in Solana's memecoin sector and opened the door for competitors.

然而，在阿根廷總統賈維爾·米利（Javier Milei）跳上了紀念潮流之後，生態系統受到了聲譽。他的相關項目“天秤座”被指控內幕交易。爭議對索拉納（Solana）的紀念行業的信任進行了凹陷，並為競爭對手打開了大門。

Enter BNB Chain, which has effectively seized the moment, also capturing the displaced memecoin volume. The chain has its own memecoin platform, Four.Meme — comparable to Solana's Pump.fun — and instituted daily competitions to promote new projects and subsidize their liquidity. Some of these memecoins have even gone on to secure listings on Binance itself.

輸入BNB鏈，該鏈有效地抓住了這一刻，還捕獲了位移的Memecoin體積。該連鎖店有自己的Memecoin平台四。其中一些模因甚至繼續確保二元列表本身。

This momentum is clearly reflected in the trading volume of the network's top decentralized exchange (DEX), PancakeSwap. In a two-week stretch from March 15, PancakeSwap led all EVM chains' DEX volume on nine separate days, according to Dune Analytics data:

這種勢頭顯然反映在網絡頂級分散交易所（DEX），PancakesWap的交易量中。根據沙丘分析數據，從3月15日起為期兩週的時間，Pancakeswap在九天內帶領了所有EVM鏈的DEX量：

PancakeSwap on BNB Chain dominates the second half of March in DEX volume. | Source: Dune Analysis

BNB鏈上的Pancakeswap在三月下半年在DEX卷中占主導地位。 |資料來源：沙丘分析

"It’s worth noting that PancakeSwap’s recent volume spike likely stems from renewed retail enthusiasm for BNB memecoins. Unlike other ecosystems where meme-related volume has declined over recent weeks, BNB Chain has seen significant growth in this sector," said Justin Barlow, head of business development and investments at Sei Foundation.

賈斯汀·巴洛（Justin Barlow）表示：“值得注意的是，pancakeswap最近的數量可能源於BNB Memecoins的零售熱情。與其他生態系統不同，與Meme相關的其他生態系統在最近幾週的下降，BNB Chain在該領域的增長顯著增長。”

In a written analysis shared with Cointelegraph on March 27, Barlow reviewed CoinGecko data and found that just two BNB memecoins were responsible for roughly 13% of PancakeSwap's daily trading volume.

在3月27日與Cointelegraph分享的書面分析中，Barlow審查了Coingecko數據，發現只有兩個BNB Memecoins造成了pancakeswap日常交易量的大約13％。

"Despite the overall cryptocurrency market downturn, PancakeSwap's trading activity has remained remarkably stable, with a slight increase in recent months," Barlow added. "This resilience can be attributed to BNB Chain’s focus on memecoins and its efforts to attract a global retail audience."

Barlow補充說：“儘管整體加密貨幣市場下滑，但Pancakeswap的交易活動仍然非常穩定，最近幾個月略有增長。” “這種韌性可以歸因於BNB連鎖店對成員的關注及其吸引全球零售觀眾的努力。”

BNB Chain's reversal of fortune

BNB連鎖店的財富逆轉

Launched in 2020 as Binance Smart Chain, BNB Chain positioned itself as a low-cost, fast and EVM-compatible alternative to Ethereum at a time when high gas fees and limited L1 options made Ethereum less accessible. It quickly attracted developers and users but developed a reputation for scammy projects and faced criticism for centralization.

BNB連鎖店於2020年以Binance Smart Chain的身份推出，將自己定位為一種低成本，快速且EVM兼容的以太坊替代品，而高空費用和有限的L1選項使以太坊的訪問較低。它很快吸引了開發人員和用戶，但在史上的項目中贏得了聲譽，並因集中化而面臨批評。

As regulatory pressure on Binance mounted, activity on the chain declined while more decentralized and innovative ecosystems like Ethereum L2s and Solana gained momentum.

隨著對二進制的監管壓力的安裝，鏈上的活動減少了，而以太坊L2和Solana（如以太坊L2S和Solana）的分散和創新的生態系統獲得了動力。

PancakeSwap has become the centerpiece of BNB Chain's resurgence, sustaining high-volume trading across the network. According to DefiLlama, BNB Chain led all blockchains in DEX volume on eight days during the two-week period starting March 15 — the same stretch in which PancakeSwap dominated the EVM DEX landscape.

Pancakeswap已成為BNB連鎖店復興的核心，在整個網絡上維持了大容量的交易。根據Defillama的說法，BNB連鎖店從3月15日開始的為期兩週的時間裡，在八天內領導了所有區塊鏈，與Pancakesswap統治EVM DEX景觀相同。

Binance-linked BNB Chain dominates second-half of March. | Source: DefiLlama

Binance與BNB連鎖鏈在3月的下半場占主導地位。 |資料來源：Defillama

"DEX volumes are a clear signal of user engagement and interest in DeFi, and sustained activity on a platform like PancakeSwap suggests that retail interest in BNB Chain and its memecoin ecosystem is growing," Barlow said. A byproduct of DEX volume growth is higher yields for liquidity providers.

Barlow說：“ DEX量是用戶參與和對DEFI的興趣的明確信號，並且在像PancakesWap這樣的平台上進行了持續的活動表明，BNB鍊及其Memecoin生態系統的零售興趣正在增長。” DEX量增長的副產品是流動性提供商的收益率更高。

In addition to DEX volume, BNB Chain recently led the industry in active addresses among EVM networks—and was second only to Solana across all blockchain ecosystems over the past week.

除了DEX量外，BNB連鎖店最近在EVM網絡之間領導了該行業的主動地址，在過去一周中，在所有區塊鏈生態系統中僅次於Solana。

Binance-backed growth, memecoin liquidity and Broccoli

支持支持的增長，成emecoin流動性和西蘭花

The resurgence of BNB Chain is closely linked to the boom in memecoins. In February, BNB Chain published its 2025 tech roadmap, reaffirming its commitment to supporting the memecoin ecosystem.

BNB鏈的複興與Memecoins中的動臂密切相關。 2月，BNB連鎖店發布了其2025年的技術路線圖，重申了其對支持Memecoin生態系統的承諾。

"We are happy to see many of the meme tool providers integrate with BNB Chain. And we will continue to work closely with them in 2025 and beyond," the announcement said.

該公告說：“我們很高興看到許多模因工具提供商與BNB連鎖店集成在一起。我們將在2025年及以後與他們緊密合作。”

Just days later, Binance founder Changpeng Zhao posted on X that his dog's name is Broccoli, a remark that sparked a wave of Broccoli-themed memecoins on BNB Chain. Zhao added that he would not be issuing a memecoin himself but would "likely interact" with a few tokens on the network.

幾天后，Binance創始人Changpeng Zhao在X上張貼了他的狗的名字是西蘭花，這句話在BNB鏈上引發了一波西蘭花主題的成員。趙補充說，他本人不會發出成人，但可能會與網絡上的一些令牌“互動”。

Source: Changpeng Zhao

Memecoin activity has been surging ever since. One example came in late March; in a now-viral trade, one trader reportedly invested $232 into the Mubarak memecoin to profit $1.1 million, according to Lookonchain.

從那以後，Memecoin活動一直在激增。一個例子在三月下旬舉行。根據Lookonchain的數據，據報導，一名交易者向穆巴拉克·梅肯（Mubarak Memecoin）投資了232美元，以獲利110萬美元。

Savvy trader flips $232 of Mubarak memecoin into $1.1 million. | Source: Lookonchain

精明的交易員將穆巴拉克·梅肯（Mubarak Memecoin）的232美元轉換為110萬美元。 |資料來源：Lookonchain

BNB Chain has also outpaced competitors in several core DeFi metrics. It recently surpassed both Solana and Ethereum L2s in

BNB連鎖店還超過了幾個核心Defi指標的競爭對手。它最近超過了Solana和以太坊L2