The BNB Chain has posted strong results over the past year, with a total value locked (TVL) exceeding $10 billion. This growth is shifting toward the tokenization market, as well as stablecoins, following the launch of the U token with unified liquidity. Here’s an update…
BNB Chain captures 24% of the sector’s active users
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—last September.
This has enabled the BNB Chain to post a positive performance at the end of the year, with a total value locked (TVL) exceeding $10 billion following a 30% increase since December 2024, securing third place in the blockchain rankings, behind Ethereum ($140 billion) and Solana ($22.5 billion), with a 5% market share.
BNB Chain’s TVL stabilizes above $10 billion
Figures from Dune Analytics featured in the latest weekly BNB Chain report, which also highlights a significant increase in the number of daily active users, currently leading all blockchains with a 24% share (7-day moving average), which rises to 40% when its opBNB Layer 2 solution and its 16% are included.
Results are also positive regarding the activity of its decentralized exchanges (DEXs) and daily transactions, allowing the X CryptoRand account to predict “even stronger figures from BNB Chain through 2026 as their RWA sector expands.”
Latest innovations in the ecosystem
This positive context allows BNB Chain to conduct innovative experiments in a highly active environment, such as the recent launch of the U token by United Stables, aimed at “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 its supply doubling to reach ~$14 billion, leading the pack 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.
BNB Chain
Meanwhile, 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 leaders and developers to determine the best way to establish a long-term foothold.
