BNB Chain Dominates DEX Volume as Nano Labs Targets $1B Stake

  • BNB DEX volume hits $18B, outpacing Ethereum and Solana combined.
  • Nano Labs aims to control 10% of BNB’s circulating supply.

BNB Chain has taken the lead in decentralized exchange (DEX) trading volume in Q2 2025, outpacing Ethereum and Solana. Between late April and mid-June 2025, BNB Chain recorded a notable surge in DEX trading volume, peaking above $18 billion. 

CryptoRank and Artemis Analytics attributed this growth primarily to increased activity on PancakeSwap, the chain’s leading DEX. Solana followed with steady volume growth, while Ethereum trailed with stable but lower figures.

This uptick in decentralized activity drove the DEX-to-CEX spot volume ratio to a record high of 27.92% in June 2025, up sharply from 0.36% in June 2020. Analysts credit the rise to early token listings, wider token availability, and user migration toward decentralized platforms.

BNB Price Rebounds with Bullish Technical Setup

BNB is trading at around $660.4 USDT after breaking out of a descending channel. Market analysts noted that the token bounced from a key support zone near $645.8, signaling a bullish reversal. BNB is now testing the upper boundary of a former support-turned-resistance level.

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BNB/USD Price Chart Source: TradingView

The current support level is $650, while the next resistance level is $698.1. A confirmed breakout above this point could lead to a move toward $710. The broader trend remains bullish, with a rising channel marked by higher lows and intense buying pressure. 

Nano Labs Begins Long-Term BNB Acquisition Strategy

Nasdaq-listed chip firm Nano Labs announced it had acquired 74,315 BNB tokens via OTC transactions. The company reported an average purchase price of $672.45 per token, totaling $50 million. This marks the first step in a broader plan to acquire up to $1 billion worth of BNB through private placements and convertible notes.

Nano Labs now holds approximately $160 million in digital assets, including BNB and Bitcoin. The company stated its goal is to accumulate between 5% and 10% of BNB’s total circulating supply. Executives emphasized the use of OTC channels to minimize market impact and ensure long-term positioning within the Binance ecosystem.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

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