Analytical company Messari has released a report highlighting significant growth in key metrics for the BNB Chain blockchain in the fourth quarter of 2025. Despite market turbulence and a decline in token value, the ecosystem demonstrated record results in the volume of real-world tokenized assets (RWA), fees, and user activity.
This is reported by Business • Media
Rapid Growth of RWA on BNB Chain
The segment of real-world tokenized assets has become one of the main drivers of network development. The total amount of RWA on BNB Chain reached $2 billion, which is a 554.6% increase compared to the previous year. In this metric, the network ranked second in the world, surpassing Solana.
Among the key integrations that impacted the ecosystem’s development are the launch of CMB International’s $3.8 billion tokenized money market fund, the appearance of over 100 tokenized US stocks and ETFs on the Ondo Global Markets platform in an on-chain format, and the addition of BlackRock BUIDL (via Securitize) to BNB Chain, with further use of this asset as collateral on Binance.
“The network reached $2 billion in Q4 2025 and became the second in the world for the volume of tokenized assets.”
Record Fees and Growth in On-Chain Activity
In Q4 2025, BNB Chain generated over $100 million in fees, marking the highest quarterly figure for the year and representing a 127.3% increase compared to the previous period. Amid heightened market volatility, the average number of daily transactions rose to 17.3 million (+30.4% compared to Q3), while the number of daily active addresses reached 2.6 million (+13.3%).
It is important to note that at the beginning of October, the minimum fee in the network was reduced to $0.005, further stimulating user activity. Although part of the growth is attributed to increased volatility in the fall, the overall trend indicates stable engagement of new users and an increase in real network usage.
Price Dynamics of BNB, DeFi, and Stablecoins
By the end of 2025, the price of the BNB coin was $863, with a market capitalization of $118.9 billion, making the cryptocurrency the third largest in the world (excluding stablecoins). However, on a quarterly basis, a correction was observed after a historic high above $1350, triggered by mass liquidations in the market on October 10. As of February 2026, the price of BNB is $617.
In the decentralized finance (DeFi) sector, the total value locked (TVL) in the network rose to $6.6 billion (+21.3% year-over-year), with BNB Chain holding the third position among blockchains in this metric. The largest DeFi protocol on the platform remains PancakeSwap, with a TVL of $2.2 billion and a market share of 33.5%.
The total capitalization of stablecoins on BNB Chain reached $15.2 billion. The leader was USDT with a market share of 59.1% ($9 billion), followed by USD1 (12.6%, $1.9 billion) and USDC (8.4%, $1.3 billion). The ecosystem is increasingly shifting from speculative issuance to supporting payment infrastructure and enhancing liquidity.
Plans for 2026 and Technical Development
Among the strategic goals for BNB Chain in 2026 are achieving a processing speed of 20,000 transactions per second (TPS) with sub-second finality, reducing transaction confirmation time to 150 milliseconds, implementing a hybrid computation model (off-chain + on-chain verification), enhancing validator decentralization, and maintaining a high level of security.
Last year, YZi Labs (formerly Binance Labs) established a $1 billion fund to support the further development of the BNB Chain ecosystem.