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Reading: BNB Chain extends dominant streak as Binance exchange and Trust wallet lead in CEX, DEX activity
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Mycryptopot > Exchange > BNB Chain extends dominant streak as Binance exchange and Trust wallet lead in CEX, DEX activity
Exchange

BNB Chain extends dominant streak as Binance exchange and Trust wallet lead in CEX, DEX activity

March 25, 2025 7 Min Read
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BNB Chain extends dominant streak as Binance exchange and Trust wallet lead in CEX, DEX activity
mycryptopot

There are rumors that it’s formally BNB season, and community exercise on DEXs and CEXs has been going loopy. In accordance with experiences, Binance trade has emerged the main CEX by obtain, beating apps like OKX, Bitget, Coinbase, and Bybit.

In accordance with an X submit by @crypto_rand, Binance has nearly 60 million month-to-month visits, helps greater than 400 cash and noticed about 4.83 million downloads in February alone. That quantity is greater than double the quantity of downloads OKX, which got here in second place, had.

mycryptopot
Binance leads crypto exchange apps in terms of downloads this month

Binance leads crypto trade apps when it comes to downloads this month. Supply: Sensor Tower

As for DEXs, Belief Pockets leads the group in exercise and downloads as quantity pushes exhausting. In accordance with an X submit from @Axel_bitblaze69 and reposted by Changpeng Zhao (CZ), Belief Pockets beat all different DEXs within the variety of pockets downloads it has racked up thus far this month.

Belief Pockets reportedly obtained downloaded about 35% extra instances than different apps like MetaMask, Phantom, Coinbase and Bitget.

Trust Wallet retains its popularity among BNB Smart Chain users

Belief Pockets retains its recognition amongst BNB Good Chain customers. Supply: Sensor Tower

mycryptopot

In his X submit, Axel highlighted how a lot Belief Pockets has grown up to now couple of years, claiming that he first downloaded the app in 2021 “for the $BNB memeseason,” and has been utilizing it ever since.

Since then, he famous that the pockets has turn into some of the broadly used with milestones like 200M+ downloads, 2.5M month-to-month new customers and 35% of captured market share with 100+ chain integrations.

Axel additionally referred to as consideration to the Belief Pockets zero swap charges marketing campaign, which permits zero swaps for all token pairs on the BNB Good Chain and shall be dwell till March 27. The marketing campaign was reportedly sponsored by OxProject and 1inch.

Constructing along with the buddy @BNBCHAIN ⚒️ pic.twitter.com/6QMN1cRO3A

— Belief Pockets (@TrustWallet) March 21, 2025

“With BSC flipping Solana in DEX quantity recently and Belief Pockets nonetheless the OG for many BNB on-chain gamers, these numbers are solely getting larger from right here imo,” he concluded his submit.

Within the remark part, there have been many who agreed that Belief Pockets is a good innovation, with some claiming they’d by no means encountered any points whereas utilizing the app. Nonetheless, there have been additionally these with complaints concerning the app.

Is it actually BNB season?

Whereas the BNB token has been displaying some energy, rumors of a BNB season are nonetheless simply that for now, however the pleasure is constructing.

The coin is certainly displaying strong momentum. It owes a lot of it to the rising meme coin exercise on the chain and technical alerts that sign short-term bullishness.

Analysts on X have highlighted resistance ranges round $640-$665, but when it clears that, they see a possible run to $875.

The BNB Chain just lately beat out Solana in weekly DEX quantity, and it has contributed to the rising euphoria a couple of potential BNB season. Binance pockets has additionally promoted 0% buying and selling charges till September which might encourage extra buying and selling exercise.

Total, many analysts are wanting ahead to a parabolic transfer from BNB quickly, with some even going so far as tagging the token a silent winner because it weathers the present market volatility.

The volatility is among the threats to the potential BNB season. Bitcoin has not been doing too effectively and altcoins traditionally comply with its pattern so there may be skepticism about BNB pumping particularly if BTC doesn’t change its downward trajectory.

Even when BNB season does occur, some X customers have warned that it might not final lengthy. @fishermancrypt0 in a submit cautioned that the “BNB season” would possibly fizzle by the weekend if Solana, recognized for its memes, steals the highlight.

BNB obtained on the Trump prepare… briefly

Binance’s BNB token has been doing comparatively effectively up to now couple of days. On March 13, the token jumped by 4% after Wall Avenue Journal reported that the Trump household has been in talks to safe a monetary curiosity within the U.S. arm of Binance, the world’s largest cryptocurrency trade.

Nonetheless, CZ rapidly denied any discussions a couple of deal for Binance.US or conversations about looking for a pardon from the president.

“Sorry to disappoint. The WSJ article obtained the details incorrect,” he wrote. “I’ve had no discussions of a Binance US take care of… effectively, anybody.”

4. Sorry to disappoint. The WSJ article obtained the details incorrect.

Greater than 20 individuals have informed me they have been requested by the WSJ (and one other media), “Are you able to verify that CZ made some deal for a pardon?”

They in all probability requested tons of of individuals to have 20 individuals attain out to me. In… https://t.co/ELyDPmKD3G

— CZ 🔶 BNB (@cz_binance) March 13, 2025

Zhao tagged the WSJ article as a part of a broader effort to assault each crypto and the present administration, claiming that “the residual forces of the ‘conflict on crypto’ from the final administration are nonetheless at work.”

In accordance with the WSJ, Binance initially approached Trump allies final yr to pitch a deal that would assist it regain its footing within the U.S. On the identical time, it mentioned its founder, Changpeng Zhao has been working in the direction of getting a presidential pardon after serving 4 months in jail for violating anti-money laundering legal guidelines.

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Is it actually BNB season?BNB obtained on the Trump prepare… briefly
mycryptopot

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Reading: BNB Chain extends dominant streak as Binance exchange and Trust wallet lead in CEX, DEX activity
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