Summary
- BNB Chain reached 51.6 million monthly active addresses on 17 September, with reimbursements and turnover in the past month by more than 23%.
- The Golf comes as a Binance founder Changpeng Zhao a $ 1 billion BNB Treasury Company Plant to support the best institutional projects.
- The BNB token reached $ 1,000 on September 18, in the midst of speculation about the possible return from Zhao to Binance.
BNB chain saw record activity with 51.6 million monthly addresses in addition to increasing income in the past month. BNB struck $ 1,000 when Zhao planned plans for a $ 1 billion treasury company, which fueled rumors about his return to Binance.
BNB chain, the blockchain behind the native token of Binance (BNB), reached a new milestone on September 17, when monthly active addresses reached 51.9 million, which was registered a previous all times High in September 2024, according to Token Terminal data.
Active users of BNB Chain monthly | Source: Token Terminal
The increase in activity comes in addition to the growth of network statistics, because the costs reached $ 13.2 million in the last 30 days, a jump of more than 24% compared to the previous period, while the turnover achieved $ 1.4 million, an increase of 23%, indicating that more users have interaction with the network.
BNB Chain’s Transaction Count Weekly | Source: Token Terminal
According to the number of transactions, BNB Chain also continues to strengthen his position in the top three Layer 1 networks, according to the token terminal. While internet computer leads with 412.2 billion transactions, Solana follows it at 354.5 billion and BNB chain with the number of transactions at 9.2 billion.
From September, the network supports more than 1,095 projects in different sectors, including Defi, Gaming and NFTs, with the total value locked in BNB chain that is $ 7.68 billion, still around 65% compared to the peak of 2021.
Speaking with crypto.news, Marwan Kawadri, Defi Lead and head of EMEA at BNB chain, attributed growth to a large user stock of 4 million daily active users and more than 625 million unique addresses, as well as deep worldwide liquidity with more than $ 11 billion in TVL and Stablecoin.
Kawadri added that the team now wants to reach a “CEX-like experience” so that transactions “will be confirmed in fewer than 150 milliseconds.”
“In general, BNB Chain is aimed at a settlement layer and financial infrastructure for all assets, it will not be specifically limited to a certain trade scenario. The direction and the initial form of this chain are still evolving continuously, and we will explore and build this together with the community.”
Marwan Kawadri
The growth of the activity on the chain coincides with an increase in the market value of BNB, because the token recently reached a new highest peak of $ 962. Part of the momentum seems to be bound by announcements by Binance founder Changpeng Zhao, who outlined plans for the upcoming BNB Treasury Company in an interview with Leon Lu, founder of B -strategy.
Maybe you also like it: BNB chain focuses on the speed limit with a finality of 150 MS and 20K TPS ambitions
As Crypto.news reported earlier, Zhao BNB described as a ‘real utility’, which emphasizes its multi-chain compatibility and its use about trade discounts, yield generation, launching pools, launch platforms and the Binance Alpha Ecosystem. He also emphasized the role of BNB on both centralized and decentralized platforms, including cross-border payments and DAPPs worldwide, and noted that the ecosystem has unannounced potential in regions such as Southeast Asia, Europe, the Middle East and Africa.
Back as CEO
The planned BNB Treasury Company is expected to pick up $ 1 billion with support from YZI Labs. Zhao said that the initiative will focus on the institutional question, which focuses on strong, well -positioned projects. “We were approached by probably more than 50 companies for BNB specifically … We will only do that with a very small number that companies. In short, the very first, strong,” Zhao said in the podcast.
Speculation about Zhao’s possible return to Binance has also grown. On September 17, the Binance founder updated his X-profile and changed it from “Ex-@Binance” back to “@binance.” Zhao resigned almost two years ago as CEO after a $ 4.3 billion settlement at the US Department of Justice in November 2023 on anti-money laundering violations.
Reports also suggest that the Doj will soon be able to increase the limitations of compliance with Binance, which have fueled rumors about his potential returns, although ZHAO has stated that he is not going to resume the CEO role.
Data from crypto.news shows that BNB hit a record high of $ 1,000 on 18 September and established a new historic milestone for the BNB chain ecosystem. From the moment of the press, token has risen by 3.7% in the last 24 hours, and around $ 989 will be traded in the past week and it has risen by more than 10% last week.
Read more: BNB chain to add more than 100 US shares, ETFs and funds via ONDO Finance