When it comes to active addresses in the last year, $BNB Chain ranks third with nearly 200 million active addresses, almost surpassing the layer-2 network Base. Solana remains at the top of the metric, with approximately 1.3 billion active addresses over the last year.
Addresses that sent a transaction on $BNB Chain. Source: Nansen
$BNB bounced to new highs after the Friday market crash
The surge in active addresses on $BNB Chain coincided with its native token, $BNB ($BNB), reaching a new all-time high on Monday. CoinMarketCap data showed that $BNB surged to a new all-time high of $1,370 on Monday, recovering strongly after the marketwide crash on Friday.
Bitcoin plunged to $102,000 on Friday after US President Donald Trump announced 100% tariffs on China. Trump said the tariffs were a response to China attempting to impose export restrictions on rare earth minerals, which are crucial for computer chips.
This triggered a market sell-off that led to nearly $20 billion in forced liquidations, outpacing other crashes like the FTX collapse.
$BNB was also affected by the crash, plunging to $1,094 on Saturday, a nearly 14% from its $1,272 price on Friday. However, unlike other cryptocurrency tokens, the asset quickly recovered, reaching a new all-time high after the market crash.
Source: Changpeng Zhao
While some community members doubt why $BNB was “barely affected” by the crash, Binance co-founder Changpeng Zhao defended the asset, saying that $BNB was strong because $BNB Chain’s ecosystem players “took hundreds of millions out of their own pockets to protect users.”
On Monday, Binance announced that it had completed a $283 million compensation payment to users affected by the depegging of certain Binance Earn products relating to USDE, BNSOL and WBETH.
The exchange also said it airdropped $45 million in $BNB tokens to memecoin traders affected by the Friday market crash.
Related: Kazakhstan debuts state-backed crypto fund with $BNB
$BNB Chain emerged as a top DeFi network in Q3
Before the market crash on Friday, $BNB Chain had already shown signs of renewed user interest. According to DappRadar, the network saw a 15% gain in total value locked (TVL) in the third quarter of 2025.
DappRadar attributed the increase in $BNB Chain TVL to the launch of the perpetual decentralized exchange (DEX) Aster, which became popular in September.
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