Analytics from Nansen show that BNB Chain (a Layer-1 blockchain backed by Binance) has experienced a major uptick in usage: over the past 30 days, the number of successful transactions on the network topped 500 million, marking a 151% increase versus the prior period.
This comes after BNB, the native token of the BNB Chain, has surged past Ripple’s XRP to claim the position as the third-largest cryptocurrency by market capitalization.
On the address front, sender-only active addresses – those that initiate transactions (excluding internal transfers) — hit a new all-time high of 3.46 million. This surpasses the previous peak of 3.44 million from December 2023.
In terms of yearly metrics, BNB Chain now ranks third among networks by active addresses, with nearly 200 million unique addresses in the last year, just behind Solana and ahead of many Layer-2s.
This surge in usage coincided with BNB itself climbing to a new all-time high, following a swift recovery after last week’s market downturn. In response to volatility, Binance moved quickly: it allocated $283 million in compensation to affected users and airdropped $45 million in BNB to memecoin traders hit by the crash.
Meanwhile, BNB Chain’s decentralized finance (DeFi) segment has also garnered attention. In Q3 2025, its total value locked (TVL) rose by about 15%, in part thanks to the launch of the perpetual DEX Aster, which gained traction among traders.
