Binance Coin drops despite flipping Ethereum in key metric | Headlines | News | CoinMarketCap

01/21/2025 00:56
Binance Coin drops despite flipping Ethereum in key metric | Headlines | News | CoinMarketCap

Binance Coin price remained in a tight range on Monday, even as the network surpassed Ethereum in a key metric. Binance Coin (BNB) dropped to $685, …

Binance Coin price remained in a tight range on Monday, even as the network surpassed Ethereum in a key metric.

Binance Coin (BNB) dropped to $685, down 6.50% from its weekend high as Donald Trump’s inauguration continued.

Data shows that the daily volume on BNB Chain Decentralized Exchanges surpassed that of Ethereum (ETH) on Monday. According to DeFi Llama, these DEX networks processed over $5.7 billion in sales, exceeding Ethereum’s $5.05 billion.

This volume made BNB Chain the second-biggest network in DEX volume after Solana, which handled $25.3 billion. The daily volume on BNB Chain marked its highest increase since March 2021.

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PancakeSwap led the gains with over $5.24 billion in volume, followed by platforms …

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