After every week, there are updates and developments from the BNB Chain ecosystem. To keep readers informed, Altcoin Buzz covers some important updates from the first week of March.
This week’s BNB Chain weekly updates article covers the performance of dApps on the BNB Chain. In addition, we’ll see the top gainers on the BNB Chain ecosystem. Let’s take a look at the latest updates.
1 – Top dApps on the BNB Chain
Firstly, we’ll look at the performances of dApps existing on the BNB Chain ecosystem. As a result, the report covers a seven-day timeframe:
- Solo. top has the most transaction volume in the report. It has a total of $3.01 billion in transaction volume within the timeframe.
- PancakeSwap ($CAKE) is in second place with a transaction volume of $1.91 billion within the timeframe.
- Biswap ($BSW) is in third place with a transaction volume of $950.83 million within the timeframe.
- Alpaca Finance ($ALPACA) is fourth with a transaction volume of $924.76 million within the timeframe.
- Venus Protocol ($XVS) makes up the top five with a transaction volume of $826.44 million within the timeframe.
Top BSC Dapps By Transaction Volume 7 Days@solo_top$CAKE @PancakeSwap$BSW @Biswap_Dex$ALPACA @AlpacaFinance$XVS @VenusProtocol$MDX @Mdexswap$BANANA @ape_swap$RABBIT @FinanceRabbit$ACSI @acryptosdao
$1INCH @1inch#BSC pic.twitter.com/Rpdo42ddoX— BSCDaily (@bsc_daily) March 1, 2022
2 – Rankings of DeFi Projects on BNB Chain
In addition, we’ll take a look at the BNB Chain ranking of DeFi projects from last week. Based on the report:
- PancakeSwap ($CAKE) is ranked 1st with a Total Value Locked (TVL) of $4.42 billion.
- Venus Protocol ($XVS) is 2nd with a Total Value Locked (TVL) of $1.66 billion.
- Tranchess ($CHESS) is 3rd with a Total Value Locked (TVL) of $0.81 billion.
- Ellipsis ($EPS) is 4th with a Total Value Locked (TVL) of $0.61 billion.
Moreover, during the week, there was also a total of 10.38 million transactions. As well as, $12.31 billion in Total Value Locked (TVL).
Weekly #DeFi report just dropped!🤩
Top 5 DeFi on #BNBChain@PancakeSwap @VenusProtocol @Tranchess @Ellipsisfi @AlpacaFinance
Trending project of the week@ThetanutsFi pic.twitter.com/R3qyLiutXQ
— BNB Chain 🔶 (@BNBCHAIN) March 4, 2022
3 – Top Gainers on the BNB Chain
Also, we will take a look at the top gainers (price performance) of tokens existing on the BNB Chain ecosystem for 4th March. Therefore, the CoinGecko report is as follows:
- Everdome ($DOME) has the best price-performance for the day. It had a 10.3% rate of increase in price performance.
- Injective ($INJ) is in second place with an 8.8% rate of increase in price performance.
- TrustWallet ($TWT) is third with a 3.5% rate of increase in price performance.
- Kyber Network ($KNC) is fourth with a 2.5% rate of increase in price performance.
Top Gainers in @BinanceChain Ecosystem Last 24H$DOME @Everdome_io $INJ @InjectiveLabs $TWT @trustwallet $KNC @kybernetwork $ATOM @cosmos
SXP @Swipeio #BSC $BNB pic.twitter.com/v31unf69rY— BSCDaily (@bsc_daily) March 4, 2022
$BNB Coin Price Outlook
Finally, as of the time of publication, the price of BNB was $370.75 with a 24-hour trading volume of $1,2 billion. BNB price also decreased 3% over the last 24 hours. In addition, it has a circulating and total supply of 168 million BNB tokens.
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