BNB Chain’s 151% Surge: Solana’s Secret?

by

Whoa, BNB Chain is basically the life of the party this week! 🎉 The blockchain’s native token hit a new high, and it’s like everyone’s throwing a party they didn’t know they were invited to. 🕺

Nansen data showed that in the last 30 days, the number of successful transactions on BNB Chain passed 500 million, surging 151% from the previous 30-day period. The network is second only to Solana, which recorded nearly 1.8 billion transactions in that time frame. And just when you thought Solana was the king of transactions, BNB Chain came in with a 151% surge. Solana’s like, “Wait, what?” 🤯

Meanwhile, Solana is still the undisputed champion with 1.3 billion active addresses. BNB Chain is like, “Hey, I’m not dead yet!” 😂

The surge in active addresses on BNB Chain coincided with its native token, BNB (BNB), reaching a new all-time high on Monday. CoinMarketCap data showed that BNB surged to a new all-time high of $1,370 on Monday, recovering strongly after the marketwide crash on Friday. And just when you thought the crypto market was a rollercoaster, BNB decided to take a detour and hit a new high. 🚀

Bitcoin plunged to $102,000 on Friday after US President Donald Trump announced 100% tariffs on China. Trump said the tariffs were a response to China attempting to impose export restrictions on rare earth minerals, which are crucial for computer chips. Who knew trade wars could be so… dramatic? 🤯

This triggered a market sell-off that led to nearly $20 billion in forced liquidations, outpacing other crashes, including the FTX collapse. And just like that, $20 billion in liquidations. The crypto market is like a drama queen, always needing more tears. 😭

BNB was also affected by the crash, plunging to $1,094 on Saturday, a nearly 14% drop from its $1,272 price on Friday. Unlike other cryptocurrency tokens, the asset quickly recovered, reaching a new all-time high after the market crash. While others were panicking, BNB was like, “I’ve got this.” 💪

While some community members doubt why BNB was “barely affected” by the crash, Binance co-founder Changpeng Zhao defended the asset, saying that BNB was strong because BNB Chain’s ecosystem players “took hundreds of millions out of their own pockets to protect users.” Zhao says BNB was strong because the ecosystem “took hundreds of millions to protect users.” Sounds like a superhero’s origin story. 🦸♂️

On Monday, Binance announced that it had completed a $283 million compensation payment to users affected by the depegging of certain Binance Earn products relating to USDE, BNSOL and WBETH. The exchange also said it airdropped $45 million in BNB tokens to memecoin traders affected by the Friday market crash. Binance is giving away $283M and $45M in BNB like it’s a holiday. 🎁

Before the market crash on Friday, BNB Chain had already shown signs of renewed user interest. According to DappRadar, the network saw a 15% gain in total value locked (TVL) in the third quarter of 2025. DappRadar attributed the increase in BNB Chain TVL to the launch of the perpetual decentralized exchange (DEX) Aster, which became popular in September. And before the crash, BNB Chain was already flexing its DeFi muscles. Aster’s launch was like the main event. 🎤

Read More

2025-10-14 16:50