#BinanceAlphaAlert BNB Chain Q1 2025 Performance:
* BNB Chain showed strong Q1 performance in revenue and on-chain metrics, despite its market cap decreasing by almost 15%.
* Total fees on the chain reached $70.8 million, a 58.1% increase compared to the previous quarter ($44.6 million).
* Average daily transactions grew by 20.9% to 4.9 million, and daily active addresses increased by 26.4% to 1.2 million.
* Average daily DEX volumes on BNB Chain saw a significant 79.1% quarter-over-quarter growth, reaching $2.3 billion. PancakeSwap accounted for 91.8% of this volume.
Key Developments:
* Lorentz Hard Fork: Executed on April 29th, reducing BSC block intervals to 1.5 seconds and opBNB to 0.5 seconds, aiming to speed up confirmations and enhance DApp performance.
* PancakeSwap Infinity: Launched as the fourth-generation DEX for PancakeSwap.
* Resolv Labs Expansion: Delta-neutral yield platform Resolv Labs expanded to BNB Chain, deploying its USR stablecoin and RLP token.
* Model Context Protocol (MCP): Launched to standardize secure, two-way communication between AI applications and external systems, as part of BNB Chain's "AI First" strategy.
* Stablecoin Supply Surge: The stablecoin market capitalization on BNB Chain increased by 30% in the past week, reaching $9.26 billion, following the launch of USD1.
BNB Price:
* Currently trading around $597 - $600 USD.
* Has seen a slight decrease in the last 24 hours and over the past week.
* Reached an all-time high of around $793 - $794 USD in December 2024.
* The market capitalization is approximately $84 - $85 billion USD, ranking it among the top cryptocurrencies.#BinanceAlphaAlert $BNB