Can BSC surpass Ethereum and Solana? An analysis of the major changes in the Meme coin ecosystem in 2025

Meme Coins Survival Rules Across Different Chains: Current Status and Breakthroughs

When it comes to Meme coins, many people’s first thoughts are Ethereum and Solana. But if you’ve been paying attention to on-chain data recently, you’ll notice an interesting phenomenon: although Ethereum has established a community as the pioneer of smart contracts, its project incubation cycle is quite long due to high Gas fees and Layer 2 fragmentation issues. New investors often have to pay high transaction fees, which directly raises the barrier to participation.

Solana, on the other hand, took a different extreme — leveraging low Gas fees and ultra-high TPS, it became a wild testing ground for Meme coins. Projects like BONK and PENGUO saw their market caps soar, and on-chain transaction frequency far exceeded traditional Layer 1 chains. But the problems are also obvious: the ecosystem overly relies on speculation, PVP is prevalent, and technical stability remains a hidden risk, with occasional outages.

BSC’s Counterattack: From Grassroots Carnival to Formal Army

The story of BSC over the past few years is quite different.

First, some numbers: over 630 million on-chain addresses, with daily transaction volume surpassing 15 million. What does this mean? It indicates that BSC mainly attracts retail investors from emerging markets like Asia and Latin America, who need small, high-frequency transactions and are particularly sensitive to transaction fees. The “viral spread” characteristic of Meme coins aligns highly with the needs of this user group. The explosive growth of “Binance Life” and Giggle in October 2025 is the best proof.

But what’s truly interesting is the ecological design behind it. A leading exchange has undertaken three major initiatives to transform BSC’s Meme ecosystem:

First is infrastructure upgrade. Launching Web3 wallets and Alpha platforms to convert centralized users into on-chain participants. Alpha is essentially a project incubator, providing early Meme projects with traffic exposure and liquidity support. It’s like setting up a stage for entrepreneurs.

Second is regulated issuance. The Meme Rush platform incorporates permissionless token issuance into a regulatory framework, implementing KYC verification, liquidity locking, and a three-phase migration mechanism. This directly reduces fraud risk and enhances compliance. In other words, the previously chaotic carnival has been institutionalized.

Third is cultural resonance. Endorsements from top officials’ tweets inject dual momentum into Meme coins—“cultural narrative + capital consensus.” The “Binance Life” community was activated through the Chinese blessing meme, demonstrating the power of cultural leverage.

Quiet Technological Progress

On the technical side, BSC hasn’t been idle. Upgrades like Maxwell hard forks and Goodwill Alliance’s anti-MEV mechanisms have improved user experience. The ecosystem is also expanding into RWA and GameFi, providing richer application scenarios for Meme coins. For example, Giggle donates 5% of transaction taxes to educational projects, pioneering a sustainable “Meme + charity” model that transcends pure speculation.

Why the Next Hundred-Billion Project Will Emerge on BSC

From a market cycle perspective, the crypto market is now in the “post-BTC $120,000” era, with capital shifting from “institutional assets” to “consumer scenarios.” BSC, with its more aggressive speculative nature and lower participation barriers, naturally becomes the first choice for capital rotation. Historical data shows that Meme projects on BSC have an average return far exceeding similar projects on Ethereum and Solana.

Ecologically, BSC’s “mass adoption” user structure and Meme’s viral spread characteristics are a perfect match. On-chain stablecoin circulation exceeds $11 billion, providing ample liquidity for high-frequency trading. Platforms like Four.meme reduce token issuance costs, enabling developers to quickly experiment and iterate. This creates a low-cost, high-efficiency innovation cycle.

Community consensus has also formed a positive feedback loop: “platform-project-user.” The platform offers fair launch mechanisms and liquidity incentives; projects build moat through IP binding and community operations; users drive market cap surges via social fission and short-term arbitrage. Capital backing from industry giants further amplifies market confidence, forming a spiral of “narrative-price-liquidity.”

Meme Star Projects on BSC

Currently, some representative projects on BSC have their own stories:

• Binance Life: Originates from the Chinese blessing meme
• $4: Inspired by a well-known figure’s classic gesture
• $BAB: Inspired by soul-binding tokens, inheriting the community spirit of “Build And Build”
• Giggle: Associated with educational charity initiatives
• Customer Service Xiao He: Based on senior management’s frontline customer service experience
• Xiu Xian (Cultivation): Originates from interactions in community posts by senior management

Although these projects seem to be memes, they are backed by genuine community consensus and cultural foundations.

Can Meme’s Destiny Be Broken?

Historical experience with Meme coins shows that a market cap of hundreds of billions often coincides with ecological explosion and capital consensus resonance. BSC now possesses both conditions: user scale, technological iteration, and institutional innovation are advancing in tandem. If it can continue attracting quality developers, improve compliance frameworks, and turn Meme’s momentum into long-term scenarios like DeFi and SocialFi, the next hundred-billion project is already on fertile ground.

Of course, balancing speculation and innovation remains crucial. But at least by 2025, BSC’s Meme ecosystem has demonstrated the potential to reshape industry patterns. This time, it might really be different.