PANews reported on August 22 that according to the BNB Chain Q2 2025 report released by Messari, BNB Chain performed strongly in the second quarter, with on-chain transaction volume, number of stablecoin transactions, active users and DEX trading volume all ranking first in the entire chain, consolidating its leading position in the Web3 ecosystem.
- Market capitalization and activity: BNB's market capitalization increased by 7.5% quarter-over-quarter to $92.6 billion, average daily trading volume increased by 101.9% to 9.9 million transactions, and average daily active addresses increased by 33.2% to 1.6 million. New addresses in May reached 17 million.
- DEX performance: The average daily trading volume was US$3.3 billion, with PancakeSwap accounting for 85.1% and Uniswap's trading volume increasing by 755.4% quarter-over-quarter to US$297 million.
- Stablecoins: The market capitalization of stablecoins increased by 49.6% quarter-on-quarter to US$10.5 billion, of which USD1 reached US$2.2 billion on its initial offering, and USDT maintained its dominant position with a market capitalization of US$6.3 billion.
- DeFi TVL: increased by 14% quarter-on-quarter to US$9.9 billion, ranking fourth.
- Technology upgrades: The Lorentz and Maxwell hard forks reduced block times to 0.75 seconds, and opBNB achieved sub-second finality through the Volta upgrade.
- Ecosystem support: The stablecoin "0 Fee Carnival" subsidizes $4 million in gas fees to accelerate user adoption; MVB Season 9 supports 16 early-stage projects to promote development in fields such as AI and DeFi.