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BNB Chain catches memecoin wave as Solana wipes out

Summary by Cointelegraph
BNB Chain, the Ethereum Virtual Machine (EVM)-compatible network tied to cryptocurrency exchange Binance, is experiencing a resurgence in the decentralized finance (DeFi) and memecoin spaces just as some of its rivals face an identity crisis.For most of 2024 and into early 2025, Solana dominated the retail DeFi narrative. It became the network of choice for memecoins tied to celebrities, influencers and political figures, including US President …
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Cointelegraph broke the news in on Monday, March 31, 2025.
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