BNB Chain’s transaction volume has skyrocketed, reaching over 500 million in the past month and marking a 151% surge, according to Nansen data. The blockchain now ranks second only to Solana in total transactions.
Record-Breaking Growth in User Activity
BNB Chain’s daily active addresses reached an all-time high on Monday, signaling unprecedented network activity alongside the token’s new price record. Data from blockchain analytics platform Nansen shows that sender-only active addresses — accounts initiating at least one transaction — climbed to 3.46 million, surpassing the previous record of 3.44 million set in December 2023.
Over the past 30 days, successful transactions on BNB Chain exceeded 500 million, representing a 151% increase compared to the prior month. This impressive figure places BNB Chain second behind Solana, which led with 1.8 billion transactions during the same period.
When looking at long-term activity, BNB Chain ranks third in active addresses over the past year with nearly 200 million, closely trailing Base, while Solana maintains the lead with approximately 1.3 billion.
BNB Price Recovers Strongly After Market Crash
The record user activity coincided with a surge in the BNB token price, which hit a new all-time high of $1,370 on Monday, according to CoinMarketCap. This sharp rebound followed a dramatic market crash on Friday, during which Bitcoin plunged to $102,000 after former U.S. President Donald Trump announced 100% tariffs on China in response to export restrictions on rare earth minerals — vital for chip manufacturing.
The announcement triggered widespread liquidations exceeding $20 billion, surpassing even the FTX collapse in scale. BNB was initially affected, dropping nearly 14% to $1,094 on Saturday, but quickly bounced back, outperforming other major cryptocurrencies in recovery.
Binance Responds with Compensation and Airdrops
Amid community speculation about BNB’s resilience, Binance co-founder Changpeng Zhao attributed the token’s stability to ecosystem participants who “took hundreds of millions out of their own pockets to protect users.”
Binance later confirmed it completed $283 million in compensation payments to users impacted by the depegging of Binance Earn products linked to USDE, BNSOL, and WBETH. Additionally, the exchange airdropped $45 million worth of BNB tokens to memecoin traders affected by the crash.
BNB Chain Strengthens Its DeFi Position
Even before the market turmoil, BNB Chain had been gaining momentum within the decentralized finance (DeFi) sector. According to DappRadar, its total value locked (TVL) rose by 15% in Q3 2025. The growth was largely driven by the success of Aster, a newly launched perpetual decentralized exchange (DEX) that gained popularity in September.
As BNB Chain’s ecosystem expands and its user base reaches record levels, the network continues to solidify its position as a leading force in blockchain activity, DeFi adoption, and token performance.
