Maxwell Hard Fork Boosts BNB Chain's DeFi and Price Outlook
The BNB Chain (BSC) has upgraded its Maxwell protocol, reducing block time from 1.5s to 0.75s, resulting in a higher transaction throughput and increased on-chain activity, including more active addresses and higher DEX volume compared to Ethereum. However, Ethereum still leads in total value locked and protocol revenue, indicating a structural difference where BSC focuses on speed and scale, while Ethereum remains the hub for capital-intensive DeFi. The upcoming Ethereum Glamsterdam upgrade could challenge BSC's speed advantage, intensifying the competition in DeFi dominance.