Author: Core Contributor of Biteye, Viee
Recent May data from BNB Chain shows its strong growth momentum in the ecosystem, with its DEX trading volume consistently ranking first globally among public chains, and the number of successful transactions on-chain has surged by 122% month-on-month, while the monthly active users of stablecoins have exceeded 15.3 million, achieving a nearly 40% monthly growth. Meanwhile, the Meme coins within the BSC ecosystem have also sparked a wave of skyrocketing trends, with many popular tokens like Ghibli and BOB doubling or even higher in daily gains, becoming the focus of market attention. Behind this series of impressive data is a clear manifestation of the new round of wealth effect in the BNB Chain ecosystem. What popular projects in the BNB Chain ecosystem are attracting capital inflow? How can retail investors leverage the liquidity advantages created by USD1 and Binance Alpha to capture market opportunities? This article will delve into the wealth code of BNB Chain and help you discover the next wave of potential investment opportunities.
1. Decoding BNB Chain's Hotspots: Data Appearance and Deep 'Wealth Code'
The recent ecological explosion of BNB Chain and understanding the logic behind the data, as well as grasping the core driving forces of project popularity, are key to capturing 'Alpha'.
1.1 Overview of Popular Projects on BNB Chain
The table below shows the popular projects under different categories in the current BNB Chain ecosystem, along with several core characteristics:
First, among the recently active trading projects, current major mainstream narratives can be observed. The meme tracks $B and $KOGE occupy high trading volumes, indicating that memes remain an important entry point for traffic and funds in the current market stage. The AI track $SKYAI, $PORT3, and the AI game $ELDE reflect that the potential of AI x Crypto is being actively priced by the market. Additionally, $SOPH representing ZK technology and $RWA representing real-world assets on-chain also have a place, showcasing the diversification and foresight of BNB Chain's ecological narrative.
Furthermore, the list of projects supported by the BNB Chain $100M fund (sorted by trading volume) reveals the foundation's preferences. Among these five high-trading-volume projects, three ($AIOT, $SIREN, $CGPT) clearly belong to the AI field, covering several hot directions such as AI combined with IoT/DePIN/gaming, AI agents, and AI infrastructure. Many actively traded projects mentioned earlier also received support from the BNB Foundation, clearly conveying a signal: the BNB Chain official is vigorously supporting tracks like AI that possess long-term growth potential and technological innovation, hoping they can contribute considerable on-chain activity.
Finally, DeFi, as a traditional stronghold of BNB Chain, remains solid. In the DEX field, PancakeSwap demonstrated its unshakeable leading position in May with a staggering monthly trading volume of $71.6 billion. In the perpetual contract arena, the rise of platforms like MYX Finance, Aster, and KiloEx showcases BNB Chain's competitiveness in the derivatives field, with trading volumes also being quite considerable.
In summary, the above popular projects showcase a panoramic view of the BNB Chain ecosystem, led by mainstream narratives, emerging track explosions, and DeFi cornerstones. These are the hot directions selected by the market with real capital. For users, how can they find opportunities among these popular projects?
1.2 Interpretation of the 'Wealth Code' Behind Popular Projects
Strategy One: 'Narrative + Liquidity' Dual Leaders. Consider looking for projects that can both align with the current strongest narratives (such as Meme, AI) and integrate powerful liquidity solutions; they often possess the potential for a 'Davis double'. For example, pay attention to projects with strong correlations to USD1 trading competitions, Binance Alpha, and other core liquidity.
Strategy Two: Value Analysis of AI Projects. The categories of AI projects on BNB Chain are diverse, and conducting layered research can help determine their positions within the value chain. Besides, attention should be paid to their technological barriers, team backgrounds, partners, and actual landing progress. We use several popular projects as examples.
Infrastructure Layer: Tokens like $SKYAI (Data Bridging) and $REX (Modular AI Infra) provide foundational support for AI applications and are expected to benefit first when AI applications explode. Therefore, attention can be paid to such projects, as there may be opportunities for value reassessment as technology is gradually validated and the ecosystem expands.
Application Layer: Tokens like $ELDE (AI Gaming) and $CA (AI Life Engine) are directly user-facing. The main consideration is whether the project can create a killer application and a sustainable business model.
Data Layer: Tokens like $PORT3 and $AGT are dedicated to building decentralized AI data networks, with data being the fuel for AI, the value of which is self-evident. Attention should be paid to their data acquisition, governance, and commercialization capabilities, as well as whether they can build strong data network effects.
Strategy Three: Alpha Signals from the 'Official List'. The $100M fund support list of BNB Chain can be viewed as a pool of projects filtered by the official. Although not all funded projects can soar, it at least indicates the official's recognition of these projects' narratives, technologies, teams, or prospects. Analyzing the reasons these projects received support, understanding what problems they solve, and assessing whether they possess long-term growth potential is critical.
In summary, a reasonable strategy should be formulated that neither clings to the myth of explosive growth nor misses long-term growth. For short-term hotspots with strong speculative flavor, small position participation with quick entry and exit, taking profits when it’s good; for mid-term tracks that are promising, positions can be gradually laid out and tracked long-term, adjusting positions according to changes in fundamentals. It is recommended to diversify investments when laying out hot tracks rather than concentrating bets on a single project to reduce potential risks.
2. Overview of BNB Chain's Ecological Foundation and Activity
Having understood the wealth narrative and Alpha opportunities emerging on BNB Chain, we will now focus on the core ecological data of BNB Chain, revealing the solid strength behind its popularity. The table below summarizes the comparison of BNB Chain with other public chains on key metrics.
As shown in the figure, according to data from May 31, the DEX trading volume across all chains reached $474.135 billion in May. Among them, stimulated by Alpha airdrops and trading competitions, the BNB Chain DEX trading volume reached $178.228 billion that month, ranking first and significantly setting a historical high; the largest DEX on BNB Chain had a trading volume of $165.35 billion that month, also reaching its historical peak. This 'disruptive' lead proves that BNB Chain has become one of the preferred platforms for current on-chain user trading. The massive trading volume not only represents extremely high liquidity depth but also implies more effective price discovery and richer trading opportunities, attracting continuous influx of traders and market makers.
Trading volume depends on the user base, and the '7-day active address growth rate' is a key indicator of user growth. BNB Chain significantly leads this metric with a growth rate of 7.25%, compared to Ethereum (4.86%), Solana (3.02%), and Tron (3.01%), demonstrating strong ecological appeal.
Another significant factor for ecological activity is the competitive advantage in trading costs. Many mainstream DEX protocols on BNB Chain offer trading fees as low as 0.01% for numerous trading pairs. For the same ordinary transaction, users' trading costs on BNB Chain are only a fraction of those on Ethereum. This is a significant advantage, particularly in high-frequency trading scenarios for Memecoins.
In addition to its outstanding performance in basic on-chain data, BNB Chain has further solidified its ecological foundation through various developer incentive measures. Recently, BNB Chain's continued promotion of the MVB (Most Valuable Builder) program provides funding support, technical guidance, and ecological resource connections for new projects and development teams.
Based on the above comprehensive considerations, BNB Chain has significantly outpaced most mainstream public chains and possesses strong momentum for sustainable development, becoming one of the most active and promising public chains today.
3. Dual Engine Drive: USD1 and Binance Alpha Together Build BNB Chain's Growth Momentum
The strong market appeal recently demonstrated by BNB Chain has a solid foundation behind it. The deep liquidity brought by the USD1 stablecoin and the efficient traffic channels built by Binance Alpha act as two core engines driving the current value narrative of BNB Chain.
3.1 USD1: Building the Liquidity Foundation of BNB Chain
The rise of USD1 signifies much more than just an ordinary dollar-pegged coin for BNB Chain.
First, over 99% of USD1 is deployed on BNB Chain. This stablecoin is issued by World Liberty Financial (WLFI), with BitGo providing custodial services. Previously, the Abu Dhabi investment firm MGX recently completed a $2 billion investment in Binance through USD1, further highlighting its potential.
Behind this high concentration, BNB Chain's tailor-made 'Zero Gas Fee' incentive mechanism for USD1 plays a crucial role, significantly reducing users' trading costs. This has made USD1 quickly favored by on-chain users, especially high-frequency traders and meme players, paving the way for its large-scale application.
The influence of USD1 is not confined to the meme track; it is expanding outward comprehensively. In mainstream DeFi protocols like PancakeSwap and Venus, the trading volume of pairs like USD1/USDT and USD1/BNB continues to climb. Moreover, USD1 has landed on Ethereum (ETH) and plans to connect to Tron (TRON). This cross-chain and cross-platform layout, through the transmission of liquidity, further feeds back the ecological value of BNB Chain.
3.2 Binance Alpha: CEX-powered Traffic Amplifier
As a project discovery platform launched by Binance, Binance Alpha has become a 'wealth amplifier' for attracting traffic to BNB Chain.
Platform data shows that among the projects launched in the Alpha zone, over 70% are based on BNB Chain tokens. Binance has even launched incentives such as 'double points for trading BNB Chain projects' to encourage exchange users to trade assets on BNB Chain. This is a perfect embodiment of the synergistic effect of the Binance ecosystem—successfully combining the traffic and branding advantages of CEX with the on-chain ecological advantages of BNB Chain, forming a powerful growth flywheel.
In summary, the USD1 stablecoin, with its robust capital background, has built a liquidity foundation and institutional narrative for BNB Chain; meanwhile, the Binance Alpha platform has continuously brought user traffic and market heat to BNB Chain. One solidifies value anchors on-chain, while the other drives user and liquidity inflow off-chain, both collaboratively pushing the wealth narrative of BNB Chain.
4. Main Paths for Retail Participation in BNB Chain
'Point accumulation' and early interactions: The Binance Alpha platform guides users to engage with new projects on BNB Chain through tasks and incentives. Actively participating in these activities offers opportunities for early airdrop benefits.
Alpha Earn Hub Liquidity Mining: Recently, the opening of Binance Alpha Earn Hub has provided users with a direct value-added path. By providing liquidity for selected Binance Alpha tokens on PancakeSwap V3, users have the opportunity to earn annualized returns (APR) of up to 1000%, making it an excellent window to capture early high-yield opportunities (be mindful of impermanent loss and token depreciation risks when participating).
Actively participate in 'new offerings': Retail investors can join Binance Wallet TGE, and PancakeSwap IFO (Initial Farm Offering), Four.meme, etc., which are also important 'new offering' channels on BNB Chain.
Meme Coin Hotspot Tracking: Utilize tools like Four.meme, DexScreener, DEXTools to track popular meme trading pairs on BNB Chain in real-time, focusing on those with unique cultures, strong communities, or that can ride on hot narratives. However, be cautious—meme coins are highly volatile and carry extreme risks. If participating, treat it with small amounts and a 'zero-out' mindset, entering and exiting swiftly, and strictly adhering to profit-taking and loss-cutting.
Deepen DeFi Protocols: Provide liquidity, lend, or stake BNB in DeFi protocols such as PancakeSwap, Venus, Lista DAO to obtain relatively stable returns.
5. Key Information Channels Worth Attention for BNB Chain
Official Core Channels:
Twitter: @BNBCHAIN (for official announcements, ecosystem updates, and event information), @BNBCHAINZH, @four_meme_ (BNB Chain token issuance platform), @BNBChainDevs (Technical and developer dynamics)
BNB Chain Blog: Official blog that often features in-depth articles, technical interpretations, and roadmap updates.
DappBay: BNB Chain's official DApp browser, where you can discover and evaluate on-chain applications.
Research Institutions: @MessariCrypto, @Delphi_Digital, @Btieyecn, etc.
Data analysis and tool platforms: On-chain data analysis tools such as BscScan, DefiLlama, DexScreener, Dune Analytics, TokenTerminal, etc.
6. Future Outlook: The Next Wave of Craze for BNB Chain
BNB Chain continues to build its ecological competitiveness through a 'technology + narrative' dual drive. On the technology side, its 2025 roadmap clearly proposes the goals of 'sub-second latency + gasless experience'. It has already achieved the early-year plan to reduce block speed to 0.75S, paired with high TPS, providing a smoother on-chain interaction experience for DApps and users. On the ecological side, the inflow of institutional funds behind the USD1 stablecoin, along with its integration into global payment scenarios, is accelerating BNB Chain's convergence with mainstream finance. Meanwhile, the 'AI-First' strategy embeds AI technology into the underlying logic of public chains, unleashing AI application potential through infrastructure support like opBNB and Greenfield. All signals indicate: BNB Chain has already laid out for the next round of public chain explosion.
The so-called 'wealth code' is not a one-time answer; it is more like a probabilistic opportunity window at specific market cycles and ecological stages. The current wave of BNB Chain has indeed created many such windows. Where will the tide flow? The answer to this question may lie in BNB Chain's next technological breakthrough or the next blockbuster application.
