Original | Odaily ([@OdailyChina](https://x.com/OdailyChina))
Author | Nan Zhi ([@Assassin_Malvo](https://x.com/Assassin_Malvo))
In April, Four.Meme's first project SkyAI went online and was listed on Binance Alpha, shortly after receiving multiple funds from the BNB Chain $100 million incentive program, and was listed on Binance Futures on May 13th, with its price surging nearly 100% in one day. This became another BNB Chain native project that stood out from Binance Alpha, revealing the standard path and support for project incubation, asset issuance, and growth. Currently, 10 tokens have been purchased under the $100 million plan, with more to be bought.
Back in late April, Binance dropped a "bombshell" by launching the Binance Alpha point system to assess TGE and airdrop participation qualifications. Since then, Binance wallet transaction volume has been steadily climbing, overwhelmingly leading all other wallet applications, with its transaction volume share reaching a record 90% on May 18th. The ecosystem interaction is significant, with nearly 40% of the current 134 Alpha projects being BNB Chain projects. Multiple projects have launched TGE on BNB Chain through Alpha, not only gaining massive exposure but also seeing tokens like ZKJ and B2 achieve daily trading volumes of over hundreds of millions, obtaining excellent depth and liquidity. As of May 19th, five out of the seven latest Alpha projects - XTER, REX, AGT, PORT 3, and PRAI - are from BNB Chain.
Beyond trading, BNB Chain continues to focus on ecosystem development and user experience. On May 8th, the on-chain gas fee was reduced from 1 Gwei to 0.1 Gwei, one-tenth of the previous rate. New protocols in areas such as DeFi, reStaking, and AI are increasingly choosing to deploy products and applications on BNB Chain, and we've also seen top projects like Ethena and Resolv expanding to BNB Chain.
Protocol development and user benefits complement each other, forming a flywheel of exponential growth for BNB Chain. For every project and user hoping to seize an opportunity in the BNB Chain wave, every day now is the best time to invest and participate.
Capital Influx and User Explosion: BNB Chain Ignites Growth Engine
The Binance wallet transaction volume share surge to 90% is not due to a single project's dominance, but the result of collective benefits and synchronized explosion across the ecosystem. Looking at the trading volume rankings, nine out of the top ten tokens are from BNB Chain, with daily average trading volumes exceeding millions of dollars and maintaining an upward trend. Focusing on tokens, take ZKJ for example: its 24-hour trading volume on five other platforms combined is in the millions, but on May 10th, its Binance Alpha trading volume exceeded $200 million, and a week later, it set a record of $330 million in trading volume, demonstrating how this move brought substantial liquidity, trading depth, and attention to protocols and tokens listed on BNB Chain. This effect is most prominent in BNB Chain ecosystem tokens, with BSC token trading volume growing by $9.25 billion in the past week, with a growth rate of 200%.
The massive difference exists because listing on Alpha and BNB Chain brings huge exposure to projects, and more importantly, projects are user-centric and do not exploit users during liquidity surges. Instead, multiple tokens have added liquidity pools with swap fees as low as 0.01%, truly implementing a user-first philosophy and creating more convenience for users while supporting the protocol and the entire BNB ecosystem.
According to the latest BNB Chain data, yesterday's on-chain daily transactions reached a 6-month new high, with a daily increase of 10%, daily transaction volume exceeding $6.65 billion, and stablecoin market cap breaking through the $10 billion mark, growing rapidly and unstoppably.
Digging deeper, the essence behind funds and transaction volume is users. Binance wallet leads not only in transaction volume but also in unique user numbers. Besides previous on-chain active users, the proportion of new users in the top ten Binance Alpha tokens is as high as 10-20%. BNB Chain added approximately 3.51 million new users in the past week, with daily new address numbers exceeding 1 million for multiple consecutive days, and total unique addresses surpassing 557 million.
Besides the continuously rising transaction volume, defillama data shows that BNB Chain ecosystem projects' TVL generally gained 10-20% growth in the past month. New users and funds are gradually spreading and settling into various protocols within the ecosystem. Binance Alpha, as the ecosystem's outpost and entry point, has a more profound strategic goal of building a multi-layered, sustainable system. Regardless of the track, all protocols are objects of BNB Chain's development and support. The settlement of funds means real users are continuously flowing in and expanding, with protocol competitive positions constantly rising, allowing each project to reach a new level riding the BNB Chain tailwind.
BNB Chain Becomes Project's Primary Arena: From Newcomers to Mature Protocols
BNB Chain has become the primary choice for project TGE, product launch, and protocol expansion. Examples include B² Network, which has long cultivated the Bitcoin ecosystem, top NFT series Doodles, and LSD protocol Haedal, all of which have recently launched. Currently, 71% of Alpha tokens choose to go live on BNB Chain, covering areas like AI, reStaking, DeFi, MEME, and Non-Fungible Token.
Mature Protocols Also Choose BNB Chain for Expansion
Not only do new protocols choose BNB Chain as their preferred launch platform, various mature protocols also select it as a key expansion target. On April 4th, Ethena, with a TVL of $5 billion, announced the launch of its stablecoin USDe on BNB Chain, with USDe and sUSDe now available on DeFi protocols like Pancake and Venus. Besides USDe, the Trump family crypto project WLFI's stablecoin USD 1 also chose to launch on BNB Chain, with its current circulating market cap reaching $2.1 billion.
As the most fundamental infrastructure, the continuous rise in stablecoin circulation indicates the ecosystem's overall heat is simultaneously rising. We also see neutral interest-bearing stablecoin protocol Resolv announcing expansion to BNB Chain, yield separation trading protocol RateX choosing to launch its first product on it, and NFT series BitmapPunks cross-chaining from Ethereum to BSC, all confirming that various protocols are flourishing on BNB Chain.
Users and Community Gain Widespread Recognition
Moreover, BNB Chain's users and community are increasingly recognized. For instance, the DOOD airdrop activity selected core communities like TST, Mubarak, Babydoge, Broccoli 714, and Koma Inu, indicating that the quality of its on-chain users has been fully verified, and various protocols are more willing to prioritize BNB Chain users and communities for benefits and promotional development.
For users, in daily usage and trading, they can also obtain multiple unexpected returns, making the value of cultivating on BNB Chain more significant compared to other chains.
Binance Continues to Increase Support, BNB Ecosystem Grows Collaboratively
Capital inflow, expanded trading volume, and project migration represent the recognition of the protocol and users towards BNB Chain, and BNB Chain is also increasing support and user attraction through multiple channels:
< ul>In March, launched a100 million liquidity incentprogramive investing at least $100,000 in eligible projects, prioritizing BNB Chain native tokens, including new assets or those fully migrated from other chains;
Preoin-Gshow platform CMC Launch, with CoinMarketCap responsible for attention preheating, BNB Chain collaborating with Alpha for asset issuance,erglaunching startups. The first project BSC derivatives protocol Aster, noticed by the p li 12 BSC project tokens have been Listedance trading through Alpha, an ecosystem loop.$100 idity MillionIdityIdityIdityIdity IncentiveIve
This incent100ive multiple domains beyond the current hottest meme track, including Dgames, etc. BNB Chain is not limited to short-term traffic thinking, but by inheriting Alpha incremental, and Alpha and meme,, long-term construction opportunities for protocols in various tracks, becoming fertile ground for innovative project development.
<$100ive more than support BNB ecosystem's willingness to personally support projects and in long-While users on other chains are still gaming with "groups" and being "rainedicious parties, tools, chain elements in unknown PvP transactions,P, BBNB Chain abandons PvP gameplayand achieves ecosystem development by screening, supporting long-term construction of quality implementing a PvE mode mode to benefit users and, becoming an excellent platform platform construction and issuance, realizing joint growth of users and projects, and ecosystem p hNChain Tide Has Arrived Opportunities Await<>tailors comprehensive one-stop support from incubation to listing - whether funds, technology, resources, or market promotion can obtain most comprehensive guarantguarantees and exposure here.
For users, BNB Chain actively negotiates with project parties through "liquidity pricing", reserving rich airdrop and real interactive token holders and traders; with future deep integration of Centralized exchange and, lower gas, more efficient-trading obtaining more token incentives. However, as participant base and incentscaleive will predictably become increasingly fierce,ting earlier entry and active participation offers higher return opportunities. For every project party and user hoping to seize the initiative in now is the best time to invest andNand participate.
