Bnb Chain Perpetual Dex Market hit a record $ 67 billion In trading volume on September 24, marking the highest forever for the second consecutive day.
Dune Analytics shows that overvoltage was motivated by the new Viral Aster Dex, more lighter and hyperliquid, each striking $ 10 billion in daily volume.
Beyond these leaders, other Perp Dex, including Edgex and Paradex, also crossed the billions of dollars.
With the creation of Momentum on the BNB channel, the traders now ask if this escape could feed the BNB race towards the $ 2,000 mark.
The data show that on the record volume of $ 67 billion, BSC captured $ 33 billion (48%), with a hyperliquid at $ 10.8 billion, ZKLIGHTER at $ 10.5 billion, Edgex at $ 5.8 billion and Solana at $ 1.6 billion.
The BNB chain led all blocks of blocks with an increase in volume of 80.22% over 7 days, while Ethereum, Solana and the base divided the remaining 20%.
The thrust follows the explosive rally of 2200% aster from $ 0.06 to $ 2.3 in a week, making it the second protocol with more than $ 13 million in daily costs, exceeding the circle, UNISWAP, Jupiter and hyperliquid.
Although this growth to grasp a large part of the dex market share has been widely applauded by the major players in the cryptographic space, there are concerns about the possible washing trading behind the peak.
Washing trading implies the purchase and sale of assets to handle prices, either to take advantage of leverage or liquidate the contracts of others.
For example, a trader with 100 million dollars of BNB could open a 50x short film in Ben in Binance to crush the price, close the short circuit, then buy BNB to a discount.
Many criticisms, in particular hyperliquid loyalists, have accused the founder of the former CZ founder of pumping the Aster token to increase trading activities on the BNB channel.
CZ shared an ASTER graphic about 6 days ago when it was negotiated at $ 0.17, and since then, the DEX token has increased by more than 1,000%, while the hyperliquid media token lost more than 24%, which led a lot to accuse the BNB maximum of Wash Trading.
A critic also pointed out that the ASTER volume / TVL ratio is about 19, which indicates an extremely aggressive quantity of washing trading.
He claims that traders only use Dex for incentive agriculture, and if the rewards drop, the activity could collapse, creating a death spiral which harms both the volume of the token and BNB chain.
Another crypto merchant and providential investor, Cyclop, shared that $ aster and the BNB Dex volume are supported by a wide range of market manipulation.
He revealed that 96% of the token supply is controlled by 6 portfolios (probably an entity, which many have accused of being a binance).
However, many analysts have indicated the implacable force of the BNB token as a catalyst for the DEX dominance continues on the BNB channel.
Rwa Bet of 1.6 t $ from Franklin Templeton fueling the target of $ 2,000 BNB
The BNB token recently reached a summit of $ 1,080, and the Wall Street giant, 75, Franklin Templeton, with 1.6 Billion of dollars under management, has just deployed on the $ BNB channel to provide money and RWAS market funds.
Analysts now see BNB Gunning for a new summit to the $ 2,000 mark.
On the technical front, the 4 -hour BNB / USDT graph shows a price consolidation slightly less $ 1,000 after a solid rally, with fibonacci extensions pointing to potential targets between $ 1 and $ 1,300 if the momentum receives.
The MACD is flattened after a bullish cross, while the RSI withdrew from the surachat levels and stabilizes, suggesting room for another higher leg if buyers intervene.
Immediate support represents about $ 960 at $ 980, and the maintenance of this area maintains the interrupting bullish structure.
A rebound clean from here could push BNB to $ 1,080 and finally $ 1,160, while ventilation less than $ 950 would expose deeper retractions to $ 862.
Overall, the indicators promote short -term consolidation before probable continuation until the increase.
The volume of the BNB Perp of the volume chain records $ 67 billion while ASTER becomes viral – BNB at $ 2,000? appeared first on Cryptonews.
