BNB News Today: Meme Mayhem Boosts BNB Chain's Fees Past Solana, Ethereum

BNB Chain recorded $5.6 million in daily fees on October 2025, marking its second-highest level in three years and surpassing Solana, Ethereum, and TRON in 24-hour transaction fee revenueBNB Chain hits $5.6M in daily fees, its second-highest level in three years^[1]. This surge was driven by a surge in meme coin activity, perpetual trading, and increased network usage, with PancakeSwap, the chain's decentralized exchange, reporting over $15.9 billion in trading volume on February 13BNB Chain Surpasses Solana and Ethereum in Daily Fees for the …^[3]. The chain's performance upgrades, including reduced block time (0.75 seconds) and finality (1.875 seconds), have enhanced its efficiency, enabling it to handle up to 2,000 transactions per second (TPS) during peak activityBNB Chain Memecoin Ecosystem Analysis 2025^[8].

The rise in fees aligns with a broader trend of meme coin speculation on BNB Chain, particularly following Binance co-founder Changpeng Zhao's (CZ) post about his dog, Broccoli. This led to the creation of meme coins like CZ's Dog (BROCCOLI), which briefly reached a $200 million market capBNB Chain Surpasses Solana and Ethereum in Daily Fees for the …^[3]. Additionally, the "Test" (TST) token, initially a tutorial asset, spiked to $500 million before crashing, further fueling network activityBNB Chain flips Solana in daily fees, beats out all chains^[4]. BNB Chain's EVM compatibility and low gas fees (median $0.01) have made it an attractive platform for developers and traders, with over 3,900 meme coins now listed on the chain.

The chain's fee growth is part of a larger ecosystem expansion, supported by Binance's $4.4 million liquidity program for meme coin projects. This initiative provides 50% BNB and 50% memecoin liquidity to winning projects, with daily and weekly winners receiving up to $200,000 and $500,000, respectively. The program has amplified trading volumes, with BNB Chain's decentralized exchanges (DEXs) generating $6.05 billion in trading volume in October 2025-the second-highest level of the year. Key contributors include PancakeSwap ($4.29 billion in 24-hour volume) and projects like Floki Inu, Baby Doge, and Cheems, which collectively account for 25% of the chain's total transaction volume.

Market dynamics further underscore the chain's momentum. BNB's price surged to $1,300 in October 2025, coinciding with a record $2.7 billion open interest in derivatives marketsBNB Chain Pulls Solid Lead In Fee Revenue Backed By Rising Network Activity^[2]. Short liquidations hit a six-month high of $16 million as traders navigated volatile conditions, while on-chain activity spiked, with nearly 6 million active addresses in the prior weekBNB Chain Surpasses Solana and Ethereum in Daily Fees for the …^[3]. Analysts attribute this growth to BNB Chain's strategic focus on meme ecosystems and its ability to attract retail liquidity, a shift from Solana's earlier dominance in the sector.

Looking ahead, BNB Chain's roadmap includes a next-gen L1 blockchain designed to rival centralized platforms, with sub-150ms finality, 20,000+ TPS for complex transactions, and native privacy featuresBNB Chain Memecoin Ecosystem Analysis 2025^[8]. These upgrades aim to solidify the chain's position as a high-performance, community-driven network, leveraging its existing infrastructure to compete with Ethereum's security and Solana's speed. As BNB Chain continues to balance scalability, cost efficiency, and ecosystem growth, its role in the crypto landscape appears increasingly pivotal.