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BNB Chain DEX trading volume surpassed Solana with Mubarak memecoin hype.
Binance founder CZ started investing in memecoins with MUBARAK and TST purchases.
Binance Smart Chain (BSC) DEX trading volume surpasses Solana today. This remarkable record is led by the new memecoin MUBARAK hype. Mubarak memecoin has been making waves in the industry with its incredible price surge of over 300% in the last 24 hours.

DEX Trading Volume (Source: DefiLlama)
As per DefiLama, BSC climbed up to the top position in terms of DEX trading volume. It recorded a 13.27% surge in its weekly trading volume, standing at $1.637 billion. On the other hand, Solana’s trading volume is $1.077 billion, which has dropped by 28.88% in the last week. This significant surge in BSC DEX volume is garnering attention across the industry.

CZ Enters Memecoin Investment With MUBARAK Purchase
Binance co-founder and former CEO CZ expressed his disinterest in memecoin investment several times. However, CZ has come a long way from commenting on memecoins as “weird” to making a memecoin investment himself. As per several recent reports, CZ reportedly purchased two memecoins – MUBARAK and TST.
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Toncoin Rises 20% after Pavel Durov’s release from legal restrictions.

Investor Confidence Soars, driving a surge in TON’s value.

Dubai Move Sparks Optimism for future growth and adoption.

Toncoin’s Price Rises on the News

The price of Toncoin (TON) has risen more than 6% after Telegram founder Pavel Durov’s release from France. He had been stuck since his August 2024 arrest. The market reacted well to the news, with TON rising around 18% in the last 24 hours. And more than 13% in the last week, according to CoinMarketCap.

Durov’s legal problems started on August 24, 2024. When he was accused of operating a platform that allegedly enabled illegal activities by French authorities. Toncoin fell by over 35% following his arrest from the region of $6.88 to $4.44 in September 2024.

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