BNB Chain has posted positive results over the past year, with a total value locked (TVL) exceeding $10 billion. This growth has been driven by the tokenization market, but also by stablecoins since the launch of the U token with unified liquidity. Let’s take a look at the latest developments…
BNB Chain captures 24% of active users in the sector
Among the many blockchains that emerged during the 2021 bull market, the BNB Chain—originally named Binance Smart Chain (BSC)—has established itself as a leading player due to its direct link to the Binance cryptocurrency exchange platform.
This relationship will enable this ecosystem to establish itself as one of the most competitive in the sector, particularly with the active support of Binance founder Changpeng Zhao, who is always ready to promote his latest innovations, such as the Aster perpetual DEX, a direct competitor to Hyperliquid, launched last September.
This has enabled the BNB Chain to post a positive balance sheet at the end of the year, with a total value locked (TVL) exceeding $10 billion following a 30% increase since December 2024, to the point of ranking third among blockchains, behind Ethereum ($140 billion) and Solana ($22.5 billion) with a 5% share of this market.
Figures from Dune Analytics are displayed in the latest weekly report from BNB Chain, which also reports a significant increase in the number of its daily active users, currently leading all blockchains with a 24% share (7-day moving average), which rises to 40% when its layer 2 solution opBNB and its 16% are added.
Results are also positive in terms of the activity of its decentralized platforms (DEX) and daily transactions, allowing the X CryptoRand account to promise “even stronger figures from BNB Chain through 2026 as their RWA sector grows.”
Latest innovations in the ecosystem
This positive context allows BNB Chain to conduct innovative experiments in a very active environment, such as the recent launch of the U token by United Stables with the aim of “unifying all major stablecoins within a single liquidity layer, covering trading, payments, DeFi, institutional settlements, and systems natively designed for AI.”
In 2025, BNB Chain continued to emerge as a leading hub for stablecoins, with supply doubling to ~$14 billion, leading in terms of monthly active users (MAU) and transactions. Today, U will join this rapidly expanding landscape as the network continues to welcome more innovative stablecoins.
At the same time, the BNB token is becoming an official payment method for settling bills with Amazon Web Services (AWS) through the Better Payment Network (BPN). And Changpeng Zhao continues to work with BNB Chain managers and developers to figure out the best way to establish a long-term presence.
