BNB Wallet added 4.3 million users, boosting swap market share above 90%.
On-chain activity surged as meme farming and airdrops drove BNB token demand higher.
BNB price could break $900 if momentum continues and supply zones are overcome.
Binance Coin — BNB, is no longer sitting quietly on the sidelines. In just seven days, Binance Wallet welcomed 4.3 million new users on-chain. This surge helped it claim over 90% of weekly crypto swap activity. Behind this boom lies a powerful combination of incentives. Meme farming, airdrop hunting, and alpha programs have pushed user activity higher. If this energy keeps flowing, BNB might not just rally—it could explode beyond expectations.
https://twitter.com/TitaniumXBTC/status/1922729384953204864?t=7IVM82tYGQ61wwmmShw4RQ&s=19 Binance Wallet Turns Up the Heat
Crypto researcher Dovey Wan linked the wallet’s growth to powerful user incentives. Airdrops and alpha campaigns demand users to hold or stake BNB. These requirements instantly generate real demand for the native token. Users chase rewards, and in doing so, pump fresh energy into the Binance ecosystem. This has sparked what Wan calls a flywheel effect. More users bring more transactions. More transactions create more value for BNB. The growth feeds itself. Binance Wallet also pulled ahead of competitors like OKX and MetaMask. OKX Wallet’s brief shutdown in late 2024 likely gave Binance an edge.
In just a week, Binance Wallet handled over $3 billion in swaps. That’s a mind-bending volume, and Dune Analytics backed it with data. At the chain level, BNB Chain claimed 19% of total DEX activity. Only Solana did better, grabbing 28%. Across the BNB ecosystem, DEX volumes ballooned to $19 billion. That’s a 128% surge in just seven days. Clearly, traders are leaning in. When crypto sentiment shifts positive, users flood in quickly. The current trend shows strong appetite for Binance-native opportunities.
Price Patterns Hint at a Breakout
The price of BNB recently touched the $690-$720 supply zone. Sellers stepped in there. Still, strong support stood between $640 and $645. That area sat comfortably above the mid-range of a long-term channel. The token didn’t collapse—it held firm. Short term, price could bounce between $600 and $720. This consolidation reflects healthy accumulation.
Bulls are not giving up ground. The longer BNB stays above $600, the stronger the base for the next move. If BNB finally breaks the multi-year channel, the price could launch to $900. That would rival Solana’s performance during its recent memecoin frenzy. Remember, SOL reached $295 when TRUMP token hype gripped traders.
BNB now shows similar ingredients: growth, demand, and rising fees. The market likes momentum, and BNB has plenty of it. Binance Wallet saw massive user growth and volume within one week. Airdrop and alpha campaigns created fresh demand for BNB.Price may soon explode beyond $720 if momentum keeps building.
