current location: front page Market analysis

BNB Chain DEX trading volume drops 24% in a week - BNB in ​​trouble?

Columns:Market analysis author:BTCZXW time:2024-09-03 17:04:24
🌈🫴👏Welcome to Bitcoin's free mining platform🌈🫴👏
  • 🕯Mining tokens, completing challenges and getting crazy rewards will greatly enhance your gaming experience! Unleash the power of your team! Build a strong team and have more fun!
  • 📱Enter the Telegram applet: @btcagg_bot
  • 📱Follow the Telegram channel: @btcagg
  • ✅Hurry up and start developing your BTC elite team, earn more BTC coins, and make you richer!

    In general, there are some worrying signs in BNB Chain's recent performance. The main ones include:

    1. BNB Chain DEX trading volume fell 24% in a week, significantly lower than Ethereum's 4% drop. This shows that BNB Chain is losing its advantage in decentralized exchange activities.


    2. The total locked value (TVL) of BNB Chain smart contracts recently fell to its lowest level since February 2021, showing that investors are looking for other better opportunities. At the same time, the TVL of Ethereum and Solana is growing.


    3. The top five DApps on BNB Chain have all shown a sharp decline in the number of active users in the past week. This shows that the economic recession has affected games, equity services, DEX and Web3 applications on the network.


    In summary, although some investors believe that BNB prices may rebound to $600 due to the release of CZ, the fundamentals of BNB Chain do not currently support this optimistic expectation. The network is facing a series of problems such as declining trading volume and TVL, which need to be closely watched.


    🌈🫴👏Bitcoin's free mining platform🌈🫴👏
    • 🕯 Mining BTC coins, completing challenges, and earning crazy rewards will greatly enhance your gaming experience!
    • Unleash your team power! Build a strong team and enjoy more fun!
    Official certification platform
    share to:
    read:314Second-rate

    I want to leave a message

      

    Classification