Awakening of Ecological Endogenous Power: The Second Explosion of BNB ChainI almost overlooked the explosion of BNB Chain due to the popularity and funding effect of Binance Alpha! Let's take a look at a set of data first. BNB Chian TVL has experienced another outbreak since 2021, surpassing $6.1 billion and rising 3.57% in 24 hours; Chain Fees 24H reached 592000 US dollars, but Chain Revenue data for the same period is similar, which means that the chain's fees are still relatively low, and most of the profits flow to dApp developers and the ecosystem, promoting a healthy ecosystem. The number of on chain transactions is expected to experience explosive growth in 2025, which is highly correlated with the Meme craze. 1.71 million active addresses+5.613 billion US dollars in DEX transaction volume indicate that they are not "virtual flames", but real users and real transactions; The stable coin market value of over 10 billion US dollars, coupled with 15 billion US dollars of cross chain assets, means that BNB Chain has become an important hub for capital flow. In the past few years, the battle between public blockchains has been intense, and Layer2 has quietly emerged as a player in the market, competing for users, funds, and developers. Even once popular projects are inevitably washed away by the waves. But BNB Chain has become increasingly "resilient", jumping from a young dragon slayer to a "dynamic and resilient" youth era: by 2025, TVL will return to over 6 billion US dollars, the number of transactions on the chain will double, and DEX transaction volume will rank first in the global public chain. Driven by the Memecoin craze, this "old brand" public chain has once again regained vitality, forcing people to re-examine its growth path and underlying momentum. Flipping through BNB Chain's growth notes is not something that can be achieved overnight. It didn't start with a one-time airdrop or short-term capital stimulus, but with the construction of a complete "replicable and growable" ecosystem. From the earliest exchange extension network, to DeFi, GameFi, and now the explosion of Memecoin, BNB Chain has always revolved around a core strategy: to enable more users to "afford", "use", and "use it for a long time" here. Due to the summer of DeFi, high TVL has caught people's attention and even became a quantitative standard for project quality. However, some public chains have high TVL, but their active addresses and transaction numbers are very low. It's like a luxury supermarket located in the suburbs, with all items but no customers. Looking at BNB Chain, the number of active addresses on the chain has reached 1.71 million in June 2025, which not only represents the number of users, but also represents real usage. Compared to some high TVL but "quiet" public chains, the ecosystem of BNB Chain is hot and operates on a "daily basis" rather than being "locked in and idle". In addition, the daily trading volume of 5.6B DEX and the market value of stablecoins above $10B also indicate that users are not just "watching", but actually using them. If someone is using it, the first thing is to be able to use it. In March of this year, BNB Chain announced that the "Zero Gas Fee Carnival" event in September 2024 would continue until June 30, 2025. Users can easily enjoy gas fee exemption by transferring stablecoins on BNB Chain, including "USDT, USDC, and FDUSD". According to BscScan data in May, the gas on the BNB Chain chain has been reduced from 1GWei to 0.1GWei, which is one tenth of the previous level. After experiencing a bear market in 2022-2023, BNB Chain will moderately recover in 2024, with a peak in early 2025, possibly related to BTC reaching the $100000 mark and the booming memecoin market; In 2025, the cost will decrease significantly compared to the peak period, but the stability will be stronger and there will be no extreme fluctuations as before. Although the income growth is small, it indicates that the "value recovery" mechanism of the chain itself is gradually being optimized, focusing more on ecological self circulation rather than relying on high gas profits. Overall, BNB Chain has moved from a period of wild growth to an "ecological stability period" driven by real transactions. The trend of on chain fees and revenue reflects the collective evolution of user structure, usage scenarios, and application quality BNB Chain has moved from "high fever prosperity" to "endogenous growth": From the explosive peak of chain fees in 2021-2022 to the structural upward trend of stable and orderly growth today, it is a manifestation of the gradual maturity of the ecosystem. Users no longer blindly flock in, but participate more rationally in on chain transactions. The small rebound in on chain revenue indicates that there is still room for optimization: Most of the income is still earned from application layer projects, and the potential for BNB's main chain to increase its own profitability is limited, but this also aligns with its positioning as a "service-oriented public chain". The activity of on chain transactions is gradually being activated by "low fees+ease of use": In the context where users are increasingly concerned about transaction efficiency and cost, BNB Chain's low chain fee advantage has become one of its competitive advantages. 'Low chain fees but high transaction volume' may become the new normal: Unlike the early logic of 'high chain fees=high popularity', now more emphasis is placed on ecological prosperity and real applications, rather than how much money the chain itself earns. Another key point is the explosive rise of Memecoin culture on BNB Chain. Before this market trend, many people may have thought that this was just a 'silly game'. But from the data on the chain, it is becoming a real drain for promoting ecological activity. According to Fourmeme data on June 10th, among the top five Meme projects in terms of market value, $B ranked first with a market value of 349 million and a 24-hour trading volume of 62.9 million. This not only attracted a large amount of liquidity, but also represented a high level of user engagement. EGL1, Caila, Janitor, and others have also achieved rapid breakthroughs in trading volume in the short term, clearly driven by rapid community dissemination and FOMO psychology And behind this, it is the underlying advantages of BNB Chain, such as low gas costs, high TPS, and high compatibility, that are playing a role. The Memecoin project can achieve a complete closed loop from deployment and launch, community launch to funding entry almost without any barriers. A large number of projects attract tens of thousands of address interactions in the early stages of their launch, and this kind of "fireworks atmosphere" on the chain is difficult for other high threshold public chains to replicate in the short term. Therefore, rather than calling Memecoin hype, it is more accurate to say that it is the most influential entry point in the current cryptocurrency ecosystem, and BNB Chain is the "highway" for this round of Meme economy. The BNB Chain we see today is no longer the chain that relies on top CEX support, but an efficient ecological network that truly has self circulation ability, can undertake hot narratives, and can accommodate innovative projects. Its growth does not rely on gimmicks, but on structure; Its outbreak was not accidental, but rather a buildup of momentum. In the crypto rhythm of "one day in the cryptocurrency circle, one year in the world", what can truly cross the cycle is often not the trendiest concept, but the most stable foundation. BNB Chain， It's the character who practiced his inner strength in silence and eventually stepped into the spotlight again. @cz_binance @heyibinance @BNBCHAIN @BNBCHAINZH @cain_bnb