BNB Chain Annual Review: Ranked first in daily active address count among L1, with stablecoin supply doubling When many public chains are caught in a battle for users and liquidity in 2025, @ BNBCHAIN quietly handed over a "comprehensive flowering" report card - leading daily active users, doubling stablecoins, RWA explosion, and Meme culture dominating the chain. |DEX ranks first in the number of daily active users Currently, the DAU of BNB Chain is stable at around 3.7 million, with a peak of 5 million, ranking first among all L1 blockchains and a market share of 22.6%. The daily active users of opBNB also rank first among all L2 blockchains, stable at around 1.5 million, with a market share of 41.9%. As of December 8th, the cumulative DEX trading volume has exceeded 2 trillion US dollars, with a trading volume of approximately 680 billion US dollars so far in 2025, and a monthly peak of 119.2 billion US dollars in October. |Meme Narrative as the Annual 'King of Traffic' This year, the BNB Chain Meme ecosystem has exploded from infrastructure（ http://Four.meme ）Going to the community carnival (CZ @ cz-binance @ heyibintance effect) has achieved the transformation from a "casino" to a "semi ecological" one, making it one of the most active narratives on the chain. In the first half of the year, the trading volume of BNB Chain's Meme coins once surpassed Solana and Ethereum. In June alone, it accounted for approximately 45% of the overall Meme coin DEX trading volume. In the second half of the year, the market value of the representative project $Binance Life surged twice after its release in October, reaching a peak of about $458 million at the beginning of the month, and then rose again by over $400 million on October 21. |Stablecoins consistently rank first in monthly active addresses As of December 6th, the total circulation of BNB Chain stablecoins is approximately $14 billion, with an annual supply growth of approximately 102.9% (approximately $6.9 billion at the beginning of the year); The total trading volume is approximately 953.8 billion US dollars, with an average monthly trading volume of approximately 85 billion US dollars from January to November; Since May, the number of transactions has consistently ranked first among all blockchain systems; And the monthly active address count has consistently ranked first among all blockchains this year. |RWA has developed into one of the mainstream battlefields at the institutional level As of December 8th, its total RWA market value has reached 1.74 billion US dollars, accounting for approximately 9.46% of the total RWA market value; More than 100 projects; The number of holders has significantly increased compared to the beginning of the year, reaching 5231. In November, TVL exceeded 1.005 billion US dollars, with a monthly growth of 55.1% and a quarter on quarter surge of 1510%, increasing from 75 million US dollars to 1.208 billion US dollars, with the fastest growth rate in the entire industry; Among them, USYC reached 903 million US dollars, and the scale of CASH+money market fund reached 712 million US dollars. The most noteworthy thing is that on November 14th, BUIDL Fund under BlackRock launched BNB Chain through the securities token platform Securitize and cross chain protocol Wormhole. This is the first time that the flagship RWA product of the world's largest asset management company has truly landed on BNB Chain. |Aster's sudden rise and Perp's gradual maturity Although Hyperliquid and others still dominate the Perp market, BNB Chain has achieved doubled growth this year through flagship projects such as Aster @ Aster_deX. As of December 8th, the monthly trading volume of BNB Chain's Perp has been increasing month by month, reaching its peak in October at approximately $22.483 billion, significantly increasing its global Perp share from around 1% at the beginning of the year to around 2.05%. Perp has become the third largest narrative after Meme and stablecoins. Summary: For BNB Chain, 2025 is an important year for the transition from high-speed growth to "ecological deepening". With high performance, low fees, and a large user base, it has formed advantageous barriers and achieved multi-point flowering in fields such as Meme, stablecoins, and RWA, establishing its position as Web3 infrastructure. But the challenges still lie in shifting from 'short-term traffic' to 'long-term value', as well as facing competition between blockchains and macro level uncertainty risks. How BNB Chain can better prove that it is more than just a chain, bringing the next billion users onto the chain and becoming the global engine of Web3, remains to be seen. @BNBCHAINZH BNBChain