Binance Smart Chain's DeFi boom is gaining momentum. With a 300% surge in TVL in the past month, its popularity surpasses Ethereum's in several DeFi protocols. As more developers flock to BSC, its speed, low fees, and EVM compatibility make it an attractive alternative. Will BSC become the new DeFi hub?

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BSC's speed and low fees are huge advantages, but it's essential to monitor gas fees on Ethereum to ensure they don't rise and affect BSC's growth.