BNB Chain Surges with Record 51.6 Million Active Addresses
on September 17, BNB chain celebrated reaching 51.6 million monthly active addresses, a new record.This marks significant growth compared to the previous peak set in September 2024.
Alongside this surge, network fees and revenue increased by more than 23% in just one month. Fees now stand at $13.2 million, while revenue is $1.4 million, showing more user interactions.
In transaction counts, BNB chain ranks third among layer 1 networks. It handles 9.2 billion transactions, far behind Internet Computer (412.2 billion) and Solana (354.5 billion).
- BNB Chain supports over 1,095 projects like DeFi, gaming, and NFTs.
- Total value locked (TVL) stands at $7.68 billion, still lower than its 2021 peak.
Marwan Kawadri, BNB Chain’s leader, attributes this success to a large user base of 4 million daily active users and over 625 million unique addresses. They aim to achieve a “CEX-like” confirmation speed below 150 milliseconds.
BNB’s value also rose, reaching $962. This gain aligns with Binance founder Changpeng Zhao’s plans for a $1 billion BNB Treasury Company backed by YZi Labs. The focus is on supporting top-tier institutional projects.
Speculation about Zhao possibly returning to Binance grew after he changed his X profile to “@binance.” Despite these rumors,Zhao insists he won’t resume the CEO role. On September 18, BNB touched $1,000, a historic high, and currently trades around $989.
