$BNB Binance Smart Chain 2025: BNB Price, Ecosystem Growth & Outlook. As of the end of June 2025.
Binance Smart Chain (BSC) continues to maintain its position as one of the leading Layer-1 blockchains in decentralized finance (DeFi), NFTs, and Web3 gaming. With its native token BNB trading around $647 and total locked value (TVL) exceeding $4.5 billion, the Binance Smart Chain ecosystem is playing a key role in the global Web3 infrastructure. This article analyzes the development of Binance Smart Chain, its use cases, technical advantages, and market outlook for 2025. Binance Smart Chain (BSC) is a high-performance blockchain platform that runs parallel to the original Binance Chain. Launched in 2020, BSC is designed to support decentralized applications (dApps) with low transaction fees and faster confirmation times than Ethereum. Thanks to its compatibility with the Ethereum Virtual Machine (EVM), BSC allows smart contracts written in Solidity to be easily deployed without having to rewrite them from scratch.
BSC uses the Proof-of-Staked-Authority (PoSA) consensus mechanism, which combines staking and proof-of-authority. There are 21 active validators every day, selected based on their staking amount and reputation, allowing the network to achieve high transaction speeds while ensuring security.