BNB Chain Surpasses Solana in Daily Fees as Aster DEX Ignites Record Activity

BNB Chain Surpasses Solana in Network Fees as Aster DEX Ignites User Surge

In a striking shift across the blockchain ecosystem, BNB Chain has overtaken Solana in daily network fees and maintained that lead for three consecutive days, underscoring renewed strength and adoption across the Binance-linked blockchain.

Fees, often considered one of the most reliable measures of genuine network usage, highlight where actual demand and user activity are flowing. The latest figures mark a reversal of the pattern earlier in mid-September when Solana dominated the fee landscape. At its peak, Solana generated roughly $2.2 million in daily fees, significantly outpacing BNB Chain’s $0.6 to $0.8 million range.

But the tide has now turned, with BNB Chain closing the gap and pushing ahead thanks to a surge in activity tied to the launch of a new decentralized exchange.

Aster DEX Sparks Momentum

Between September 20 and 22, analytics platform CryptoRank observed BNB Chain fees rising sharply to between $1.1 million and $1.4 million per day. During the same period, Solana’s daily fees cooled to the $850,000 to $950,000 range.

The driver behind this spike was the high-profile launch of Aster DEX, a decentralized trading platform that has quickly become the latest growth catalyst within the BNB ecosystem. Publicly endorsed by Binance founder Changpeng Zhao (CZ), Aster DEX has drawn considerable attention, onboarding liquidity and incentivizing user engagement across the chain.

According to DefiLlama, by September 23, Aster DEX’s total value locked (TVL) had surged to $1.52 billion, following an impressive inflow of capital in the final days of the month. Liquidity providers are flocking to the platform for both trading and yield farming opportunities, signaling rising confidence in Aster’s ability to compete with incumbent exchanges.

Reflecting this momentum, Aster briefly overtook Hyperliquid in daily trading volume. Over the course of a single day, the platform processed $515.5 million in trades, pushing its weekly trading volume above $3 billion. The figures are a clear indication that user participation is climbing rapidly, and with it, demand for BNB Chain’s blockspace is surging.

Network Activity Breaks Records

The boost from Aster DEX is not just visible in fee revenue—it is reshaping the broader dynamics of BNB Chain’s network activity.

Data from Chainspect revealed that on September 21, BNB Chain hit a new milestone, processing over 16.5 million transactions in a single day. This performance translates to an average throughput of 191 transactions per second (TPS) sustained across a full 24-hour period.

Such figures highlight both scalability and adoption. They suggest that BNB Chain’s architecture is not only being utilized more intensively but is also handling the load without major disruptions—a critical factor as competition among Layer-1 networks continues to intensify.

In addition, Santiment’s development activity index shows that BNB Chain has secured the second spot in the rankings of the most active blockchain ecosystems over the past 30 days. This metric tracks core technical progress such as protocol upgrades, smart contract deployments, and ecosystem integrations.

BNB Chain is now trailing only Ethereum, while outpacing other prominent projects including Polygon, Optimism, and Arbitrum. This surge in development further strengthens the narrative that BNB Chain is evolving into a hub not only for decentralized exchanges but also for broader decentralized applications (dApps).

BNB Token Defies Market Downturn

While much of the cryptocurrency market has been weighed down by a bearish trend in recent weeks, BNB, the native token of BNB Chain, has managed to outperform its peers significantly.

The token, which recently crossed the symbolic threshold of $1,000 per coin, has gained nearly 10% in the past week alone. This is in stark contrast to other major cryptocurrencies, many of which have struggled to hold value during the same period.

As of the latest data, BNB is trading at $1,016, reaffirming its position as one of the strongest-performing assets in the top 10 by market capitalization. Analysts suggest that the surge in activity across BNB Chain, coupled with investor confidence in its DeFi ecosystem, has helped shield BNB from broader selling pressures.

Implications for the Broader Market

The turnaround in daily fee revenue and user activity is significant for the ongoing narrative of competition among Layer-1 blockchains.

For much of 2023 and 2024, Solana built a reputation as a high-throughput chain capable of supporting mass adoption in areas ranging from non-fungible tokens (NFTs) to gaming and DeFi. Its low fees and high transaction capacity positioned it as a serious challenger to Ethereum and BNB Chain alike.

However, the latest trends suggest that BNB Chain is regaining momentum at a critical time, driven by both ecosystem innovation and renewed community engagement. The successful launch of Aster DEX demonstrates how new protocols can serve as growth engines, drawing liquidity and users while creating spillover effects across the wider blockchain.

If the chain can maintain this pace of development and adoption, BNB Chain could consolidate its position as one of the most important networks in the industry—especially as it continues to attract new projects and sustain high levels of on-chain activity.

Looking Ahead

The rivalry between BNB Chain and Solana is far from over. Both networks have demonstrated resilience and adaptability, with distinct strengths that appeal to different segments of the crypto community. Solana’s technical architecture remains highly competitive for speed and cost, while BNB Chain benefits from the strategic backing of Binance, its global user base, and strong ties to centralized liquidity.

The coming months may determine whether BNB Chain can maintain its newly won lead in network fees and user activity, or whether Solana will rebound with its own ecosystem drivers. For now, however, the data suggests that BNB Chain is enjoying a period of renewed momentum—one that has already left a clear mark on the blockchain landscape in September.

Conclusion

BNB Chain’s surge past Solana in daily chain fees marks more than just a temporary statistical blip—it highlights the growing importance of real-world usage, liquidity flows, and ecosystem expansion in determining which blockchains are thriving.

With transaction milestones, rising developer activity, and a native token defying market trends, BNB Chain is positioning itself as a force to be reckoned with in the ongoing battle for dominance among Layer-1 networks. Whether this momentum will hold remains an open question, but for now, BNB Chain has firmly recaptured the spotlight.

Source: CMC

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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