BNB Chain’s stellar performance in Q1, soaring revenue despite falling capitalization!

Updated

May 2, 2025

Gambar BNB Chain’s stellar performance in Q1, soaring revenue despite falling capitalization!

Jakarta, Pintu News – Despite a 15% drop in market capitalization, BNB Chain recorded an impressive performance in the first quarter of 2025. The latest report from Messari shows that BNB Chain’s network revenue increased sharply by 58.1% from the previous quarter, reaching $70.8 million.

This increase was driven by a huge jump in wallet-to-wallet transaction fees, which rose 122.6% and accounted for 17.4% of total revenue.

Check out the full news below!

Revenue Increases, Market Declines

In the first quarter of 2025, BNB Chain recorded a significant increase in revenue. The network’s revenue increased to $70.8 million, representing a 58.1% rise compared to the previous quarter.

This increase was primarily due to a 122.6% rise in inter-wallet transaction fees, which have become the primary source of revenue, surpassing revenue from DeFi. Despite the increase in network revenue, BNB Chain’s market capitalization decreased by 14.8%, ending at $86.2 billion.

However, BNB Chain remains the fourth-largest non-stabilized crypto asset by market capitalization. This decline suggests a misalignment between operational performance and market perception.

Strong On-Chain Activity

daily transactions bnb chain — Source: Messari

BNB Smart Chain showed a significant increase in on-chain activity. Average daily transactions rose 20.9% to 4.9 million transactions per day. Daily active addresses also increased, with a 26.4% rise to 1.2 million daily active addresses.

Stablecoins continue to dominate transaction activity, accounting for approximately 45% of total transactions, or around 1.2 million transactions per day. Transactions between wallets also saw a significant spike, up 50.9% to 835,000 daily transactions. This shows that the use of BNB Smart Chain is increasing among users.

Also read: FIFA Launches Its Own Blockchain, Revolutionizing the World of Digital Collections!

Innovation and Security Continue to Evolve

The introduction of the Pascal hard fork was one of the key significant technical improvements to BNB Chain. Some of the improvements include the EIP-7702 smart contract wallet, batch transaction support, and improved cryptography. These innovations are expected to increase efficiency and security for users.

In addition, the launch of the BNB Good Will Alliance in March has successfully reduced sandwich attacks by more than 90% through coordinated MEV protection efforts. These initiatives demonstrate BNB Chain’s commitment to enhancing security and fairness within its ecosystem, which is crucial for maintaining user trust.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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