BNB Chain price among ‘most resilient’ altcoins of the bull market — Here’s why

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Coin Telegraph 13h ago

BNB Chain price among ‘most resilient’ altcoins of the bull market — Here’s why - Coin Telegraph

Quick Summary:

In the past 30 days, Tron has taken the lead with $272 million in fees, followed by Solana ($34.7 million), Ethereum ($20.8 million), and BNB Chain ($17.1 million), per Messari data. Overall, while BNB may not always top the charts across every metric, it consistently holds a respectable third place among the leading smart contract platforms.

According to Messari, BNB Chain processes around 4 million daily transactions on average, ahead of Ethereum (1 million), XRP Ledger (1.8 million), but behind Tron (5.5 million) and far behind Solana (54 million non-vote transactions daily). In terms of daily active addresses, BNB Chain also performs well with about 1.1 million, beating Ethereum (384,800) and XRP Ledger (55,600), but trailing Tron (2.4 million) and Solana (3.7 million).

This reinforces Wedson’s assertion of a “massive” BNB ecosystem and places BNB Chain in a strong position to lead the charge once Web3 fully matures. BNB Chain also ranks 3rd in total value locked (TVL) in DeFi, with $5.8 billion, behind Ethereum ($50.5 billion) and Solana ($8 billion), according to DefiLlama.