KEYTAKEAWAYS
- Base, Solana, and Noble Top Cross-Chain Bridge Net Inflows Over Past Week
- BNB Chain Surpasses Solana in 24-Hour DEX Trading Volume
- XUSD Stablecoin Issuance Exceeds 27 Million on BNB Chain and Ethereum Mainnet
CONTENT
Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.
BASE, SOLANA, AND NOBLE TOP CROSS-CHAIN BRIDGE NET INFLOWS OVER PAST WEEK
According to DefiLlama data, Base recorded cross-chain bridge net inflows of $34.79 million over the past week, ranking first among all public chains. Following are Solana and Noble, with net inflows of $17.09 million and $14.67 million respectively.
Arbitrum, Ethereum, and Avalanche saw net outflows of $61.31 million, $43.61 million, and $43.68 million respectively.
Analysis:
Base’s high net inflows may be related to its ecosystem expansion, while the strong performance of Solana and Noble demonstrates market interest in high-performance and emerging public chains. The net outflows from Arbitrum, Ethereum, and Avalanche may indicate that funds are shifting to other platforms with more potential, or that investors are adjusting asset allocations in response to market changes.
BNB CHAIN SURPASSES SOLANA IN 24-HOUR DEX TRADING VOLUME
According to DeFiLlama data, BNB Chain has surpassed Solana in 24-hour DEX trading volume. In the past 24 hours, BNB Chain ecosystem DEX trading volume reached $1.636 billion, while Solana ecosystem DEX trading volume was approximately $1.077 billion.Ranking 3-5 are Ethereum ($1.012b), ($385.24m), and Arbitrum ($340.83m).
Analysis:
Recently, BNB Chain and Solana have been alternating leadership in DEX trading volume, and their competition is far from over. Although Ethereum still ranks third, its high Gas fees and the rise of Layer 2 solutions are gradually diverting its dominant position.
XUSD STABLECOIN ISSUANCE EXCEEDS 27 MILLION ON BNB CHAIN AND ETHEREUM MAINNET
According to a Binance announcement, the USD stablecoin StraitsX USD (XUSD) has been officially issued on both the BNB Chain and Ethereum mainnet, with a total issuance exceeding 27 million tokens. Specifically:
- On the BNB Chain, XUSD issuance amounts to 5.55 million tokens, held by 59 addresses;
- On the Ethereum mainnet, XUSD issuance amounts to 22.3 million tokens, held by 238 addresses.
Analysis:
XUSD’s dual issuance on BNB Chain and Ethereum mainnet demonstrates its strategic intent for multi-chain deployment. The significantly higher issuance volume on the Ethereum mainnet compared to BNB Chain may be attributed to Ethereum’s user base and ecosystem maturity as a mainstream public chain. XUSD’s holder address count and issuance volume are expected to further expand, potentially establishing it as a significant player in the stablecoin market.
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