TechFlow news, February 16 — According to The Block, Nansen data shows that as meme coin trading activity increases across the network, BNB Chain (BSC) has collected nearly $15 million in gas fees from users over the past seven days—an increase of 388%—more than double Ethereum's ($7 million), ranking second only to Solana ($29 million).
Nansen analyst Aurelie Barthere recently stated: "BSC fees have risen significantly over the past seven days, while blockchains such as Solana, Ethereum, and Base saw negative growth. A potential catalyst for this surge could be the recent announcement that Binance's legal dispute with the U.S. SEC has been suspended for 60 days, a decision announced on Monday."
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