BNB Chain Reports Significant Growth in Q1 2025
According to Odaily, Messari has released the BNB Chain's first-quarter 2025 ecosystem report, highlighting notable growth in various network metrics. The network's revenue reached $70.8 million, marking a 58.1% increase from the previous quarter. Daily transaction volume rose to 4.9 million, a 20.9% quarterly increase, while daily active addresses grew by 26.4% to 1.2 million. Gas fees for wallet transfers surged by 122.6%.In terms of total value locked (TVL), measured in BNB, there was a quarterly growth of 14.7%. The BSC DeFi TVL increased from 7.6 million BNB to 8.7 billion BNB, reflecting the same percentage growth.On the security front, the introduction of the BNB Good Will Alliance has led to a reduction of over 90% in sandwich attacks. Technologically, the network has implemented the Pascal hard fork, EIP-7702 smart contract wallet, BLS12-381 encryption technology, and enhancements in Gas abstraction and batch transaction EVM compatibility, resulting in improved scalability and user experience.For developers, BNB Chain has launched a $100 million liquidity program, extended the 0 Gas fee initiative, and continues to host events such as the AI HACK online hackathon, MVB accelerator, and Demo Day.
