BNB Chain is showing incredible resilience during this bear market cycle, as it continues to have amazing strength compared to other altcoins. At one point, the chain even overtook all other chains combined in terms of DEX trading volume, hitting $14.3 billion in a single week. BNB’s price resilience, too, is notable as it hovers around its former all-time high. In spite of this, the network is still crushing metrics such as daily transactions, active addresses, and Total Value Locked (TVL). Its strong ecosystem continues to fuel its ascendance. This growing function in decentralized finance (DeFi) has cemented it as an important actor inside the developing Web3 ecosystem.

Dominating DEX Volume and Network Activity

On March 24, BNB Chain's decentralized exchange (DEX) trading volume reached a weekly high of $14.3 billion, temporarily exceeding all other blockchains. This boom is indicative of rising developer activity and user adoption in the BNB Chain ecosystem. The chain is still exceptional in terms of daily transactions and active addresses. It has a total-value-locked (TVL) that ranks third—behind Ethereum and Tron—of all blockchains. Having reached an all-time high of around 1.1 million daily active addresses recently, BNB Chain is living proof of a thriving, highly engaged ecosystem.

BNB Chain ranks first in the number of decentralized applications (DApps) deployed on its network. This reflects a healthy and active development ecosystem and a great variety of services being offered in-market to consumers. Robust trading volume and active users fuel BNB Chain’s astonishing growth. Beyond simplifying crypto use for general consumers, the vast DApp ecosystem has a long-term bullish potential through its innovative use cases.

BNB's Market Strength and Tokenomics

BNB is the native token of BNB Chain (previously known as Binance Smart Chain). It is now the fifth-largest cryptocurrency by market cap, with a value of about $89 billion. This massive market presence is an indication of investor confidence and the popularity of BNB throughout the crypto community. In dollar terms, BNB’s price has held up comparatively well, down only ~10% from the last cycle’s ATH.

"While most altcoins have suffered drops of up to -98.5% from their all-time highs, BNB stands out alongside BTC as one of the least affected cryptocurrencies — and more impressively, it's one of the few that has reached a new all-time high this cycle." - João Wedson

BNB has a small dilution risk with a 99.88% token lockup rate. This restricted supply and methodical release play a role in ensuring value stability and appreciation potential for the token. BNB’s tokenomics baked in the recipe for its success. Its usefulness within the BNB Chain ecosystem makes it even more one of the strongest performers in the cryptocurrency market.

DeFi Growth and Memecoin Engagement

BNB Chain is aggressively growing its DeFi ecosystem. This incredible growth cements its place as one of the leading protocols in the building decentralized finance ecosystem. Within the last 30 days, the layer 2 chain brought in a staggering $17.1 million in fees alone. This reflects the tremendous trading volume and revenue production occurring through its DeFi protocols. As of 2025, BNB Chain holds the fifth position in revenue. This feat not only speaks to its financial fortitude, but suggests its capacity for sustained growth.

BNB Chain has gone beyond its initial DeFi-heavy missions. It has moved aggressively into the memecoin market, successfully attracting speculative trading volume that was previously the stronghold of Solana. This strategic move allows BNB Chain to tap into the popularity of memecoins and attract new users to its platform. This vibrant DeFi ecosystem significantly contributes to the growth of BNB Chain. By constantly touching on current memecoin trends, it ensures that the faucet stays in tune with the ever-changing world of crypto.

"one of the rare altcoins with real utility, strong fundamentals, and growing adoption, making it the strongest-performing altcoin alongside BTC" - João Wedson