On Monday, BNB Chain saw its daily active addresses reach an unprecedented level, coinciding with a new price peak for its native token.
Analytics platform Nansen reported that sender-only active addresses on BNB Chain—those that initiated a transaction but excluded internal transfers—hit a record high of 3.46 million on Monday, surpassing the previous record of 3.44 million set in December 2023.
Nansen’s data also indicated that the total number of successful transactions on BNB Chain exceeded 500 million in the last 30 days, reflecting a 151% increase from the prior month. Solana leads in this metric, having recorded nearly 1.8 billion transactions during the same period.
In terms of active addresses over the past year, BNB Chain ranks third with nearly 200 million addresses, closely trailing behind the layer-2 network Base. Solana maintains the lead, boasting roughly 1.3 billion active addresses over the year.
BNB rebounds to new heights following Friday’s market downturn
The increase in active addresses coincided with the BNB token reaching a new all-time high of $1,370 on Monday, showcasing a strong recovery after a market crash last Friday.
Last Friday, Bitcoin dropped to $102,000 following US President Donald Trump’s announcement of 100% tariffs on China, implemented in response to China’s attempts to impose restrictions on critical rare earth minerals used in computer chips.
This announcement triggered a market sell-off, resulting in nearly $20 billion in forced liquidations, outpacing previous crashes, including the FTX incident.
BNB was also impacted by the downturn, falling to $1,094 on Saturday, marking a nearly 14% decline from its $1,272 value the previous Friday. However, unlike other cryptocurrencies, the asset quickly recovered to reach new all-time highs.
While some members of the community questioned why BNB was “barely affected” by the crash, Binance co-founder Changpeng Zhao defended the asset, attributing its strength to BNB Chain’s ecosystem participants who “invested hundreds of millions of their own money to safeguard users.”
On Monday, Binance announced a $283 million compensation payment to users impacted by the depegging of specific Binance Earn products associated with USDE, BNSOL, and WBETH.
The exchange further disclosed that it airdropped $45 million in BNB tokens to traders engaged in memecoins who were affected by the market downturn on Friday.
Related: Kazakhstan launches state-backed crypto fund featuring BNB
BNB Chain established itself as a leading DeFi network in Q3
Before Friday’s market setback, BNB Chain had already been demonstrating signs of renewed interest among users. DappRadar reported a 15% increase in total value locked (TVL) for the third quarter of 2025.
DappRadar credited the rise in BNB Chain’s TVL to the introduction of the perpetual decentralized exchange (DEX) Aster, which gained popularity in September.
Magazine: EU’s privacy-infringing Chat Control bill postponed — but the fight isn’t over