Blockchair's logo

Search

Recent searches

Top explorers

BNB Chain DEX volumes drop 24% in a week — Is BNB in trouble? Cointelegraph 02 Sep 2024

BNB Chain DEX volumes drop 24% in a week — Is BNB in trouble? 🧐

Changpeng "CZ" Zhao BNB Binance

BNB Chain’s decentralized exchange (DEX) volumes have seen a significant drop of 24% within just a week. This decline has raised concerns about the future of BNB.

Despite the worrying network fundamentals, some investors remain hopeful that the release of Changpeng "CZ" Zhao, Binance's CEO, will lead to a price pump for BNB.

The current market struggles are accompanied by mixed sentiments regarding the potential recovery of BNB in light of Zhao’s influence.

Source: cointelegraph.com ↗

Similar articles (3)

BNB DApp volumes down 25% in a week — Will BNB price follow? Cointelegraph 12 Oct 2024
BNB DApp volumes down 25% in a week — Will BNB price follow?
BNB Chain: the volumes of the DEX are decreasing, but the price of the crypto is recovering Cryptonomist 03 Sep 2024
BNB Chain: the volumes of the DEX are decreasing, but the price of the crypto is recovering
BNB: dApp volumes down by 32% in a week, but the price of Binance’s crypto holds Cryptonomist 14 Oct 2024
BNB: dApp volumes down by 32% in a week, but the price of Binance’s crypto holds

Trending topics

Digest

Daily Weekly
Cboe Pushes for Four Fresh XRP ETFs as Crypto Market Cools Decrypt 14 hours ago
Cboe Pushes for Four Fresh XRP ETFs as Crypto Market Cools
Dogecoin (DOGE) Bulls Fight to Push Higher as Viral Alternative Under $0.24 Eyes a 17030% Run TheNewsCrypto 4 hours ago
Dogecoin (DOGE) Bulls Fight to Push Higher as Viral Alternative Under $0.24 Eyes a 17030% Run
SEC advances Grayscale’s Solana ETF proposal following 19b-4, seeks public input The Block 12 hours ago
SEC advances Grayscale’s Solana ETF proposal following 19b-4, seeks public input
Ondo Finance unveils layer-1 blockchain for institutions to tokenize RWAs Cointelegraph 11 hours ago
Ondo Finance unveils layer-1 blockchain for institutions to tokenize RWAs
Bitcoin Price Faces Uncertainty: What Lies Ahead? Cointurk 1 hour ago
Bitcoin Price Faces Uncertainty: What Lies Ahead? Explore daily digest
US China tariffs cost Bitcoin $100K mark as analyst eyes all-time high Cointelegraph 3 days ago
US China tariffs cost Bitcoin $100K mark as analyst eyes all-time high
Solana’s SOL Could Hit $520 by 2025-End, VanEck Says Coindesk 9 hours ago
Solana’s SOL Could Hit $520 by 2025-End, VanEck Says
Bitcoin enjoys 'plenty' of demand at $98K as analyst eyes RSI breakout Cointelegraph 1 day ago
Bitcoin enjoys 'plenty' of demand at $98K as analyst eyes RSI breakout
Dogecoin (DOGE) Bulls Fight to Push Higher as Viral Alternative Under $0.24 Eyes a 17030% Run TheNewsCrypto 4 hours ago
Dogecoin (DOGE) Bulls Fight to Push Higher as Viral Alternative Under $0.24 Eyes a 17030% Run
Bitcoin Tumbles 8% to $93K With Billions Liquidated as Asia Awakens to Trump's Trade War Coindesk 4 days ago
Bitcoin Tumbles 8% to $93K With Billions Liquidated as Asia Awakens to Trump's Trade War Explore weekly digest