BNB链条随着Solana的Memecoin生态系统面临身份危机而激增

BNB链是与加密货币交换二元相关的EVM兼容网络，正经历着分散的金融（DEFI）的复兴（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链是EVM兼容的网络，与加密货币交换均值相关，正经历着分散的金融（DEFI）和MEMECOIN空间的惊人复兴，就像它的某些竞争对手面临着身份危机一样。

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年初的大部分时间里，Solana（Sol）在很大程度上占据了零售方式的叙述。它成为与包括美国总统唐纳德·特朗普在内的名人，有影响力的人和政治人物相关的成年人的首选网络。

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，在阿根廷总统贾维尔·米利（Javier Milei）跳上了纪念潮流之后，生态系统受到了声誉。他的相关项目“天秤座”被指控内幕交易。争议对索拉纳（Solana）的纪念行业的信任进行了凹陷，并为竞争对手打开了大门。

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.

输入BNB链，该链有效地抓住了这一刻，还捕获了位移的Memecoin体积。该连锁店有自己的Memecoin平台四。其中一些模因甚至继续确保二元列表本身。

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:

这种势头显然反映在网络顶级分散交易所（DEX），PancakesWap的交易量中。根据沙丘分析数据，从3月15日起为期两周的时间，Pancakeswap在九天内带领了所有EVM链的DEX量：

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

BNB链上的Pancakeswap在三月下半年在DEX卷中占主导地位。 |资料来源：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.

贾斯汀·巴洛（Justin Barlow）表示：“值得注意的是，pancakeswap最近的数量可能源于BNB Memecoins的零售热情。与其他生态系统不同，与Meme相关的其他生态系统在最近几周的下降，BNB Chain在该领域的增长显着增长。”

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日与Cointelegraph分享的书面分析中，Barlow审查了Coingecko数据，发现只有两个BNB Memecoins造成了pancakeswap日常交易量的大约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补充说：“尽管整体加密货币市场下滑，但Pancakeswap的交易活动仍然非常稳定，最近几个月略有增长。” “这种韧性可以归因于BNB连锁店对成员的关注及其吸引全球零售观众的努力。”

BNB Chain's reversal of fortune

BNB连锁店的财富逆转

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连锁店于2020年以二元智能链的形式推出，将自己定位为一种低成本，快速和EVM兼容以太坊的替代品，而高空费用和有限的L1选项使以太坊易于使用。它很快吸引了开发人员和用户，但在史上的项目中赢得了声誉，并因集中化而面临批评。

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

随着对二进制的监管压力的安装，链上的活动减少了，而以太坊L2和Solana（如以太坊L2S和Solana）的分散和创新的生态系统获得了动力。

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已成为BNB连锁店复兴的核心，在整个网络上维持了大容量的交易。根据Defillama的说法，BNB连锁店从3月15日开始的为期两周的时间里，在八天内领导了所有区块链，与Pancakesswap统治EVM DEX景观相同。

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

Binance与BNB连锁链在3月的下半场占主导地位。 |资料来源：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说：“ DEX量是用户参与和对DEFI的兴趣的明确信号，并且在像PancakesWap这样的平台上进行了持续的活动表明，BNB链及其Memecoin生态系统的零售兴趣正在增长。” DEX量增长的副产品是流动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连锁店最近在EVM网络之间领导了该行业的主动地址，在过去一周中，在所有区块链生态系统中仅次于Solana。

Binance-backed growth, memecoin liquidity and Broccoli

支持支持的增长，成emecoin流动性和西兰花

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链的复兴与Memecoins中的动臂密切相关。 2月，BNB连锁店发布了其2025年的技术路线图，重申了其对支持Memecoin生态系统的承诺。

"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.

该公告说：“我们很高兴看到许多模因工具提供商与BNB连锁店集成在一起。我们将在2025年及以后与他们紧密合作。”

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.

几天后，Binance创始人Changpeng Zhao在X上张贴了他的狗的名字是西兰花，这句话在BNB链上引发了一波西兰花主题的成员。赵补充说，他本人不会发出成人，但可能会与网络上的一些令牌“互动”。

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.

从那以后，Memecoin活动一直在激增。一个例子在三月下旬举行。根据Lookonchain的数据，据报道，一名交易者向穆巴拉克·梅肯（Mubarak Memecoin）投资了232美元，以获利110万美元。

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

精明的交易员将穆巴拉克·梅肯（Mubarak Memecoin）的232美元转换为110万美元。 |资料来源：Lookonchain

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

BNB连锁店还超过了几个核心Defi指标的竞争对手。它最近超过了Solana和以太坊L2