Binance Coin Hovers at $650 as BNB Chain Posts 50m Active Addresses

Binance Coin Hovers at $650 as BNB Chain Posts 50m Active Addresses

Binance Coin (BNB) is a few pips away from $650 amid a sharp drop in trading volume across the cryptocurrency market. Trading data indicates BNB volume is down 48% over the past 24 hours to $761 million.

The tight market sentiment keeps the fifth-largest digital asset’s valuation at $87.6 billion on Sunday, closely tracking Ripple’s XRP. Like most altcoins, BNB has been fluctuating due to geopolitical conflict, specifically the unsettled rift between the US and Iran.

The overall market sentiment is positive, though the top cryptocurrencies are still trading tight. Reflecting a moderate gain from Bitcoin and Ethereum, the crypto market is up by 0.29% to $2.69 trillion.

In a report, BNB Chain says it has reached around 50 million active addresses in 30 days, highlighting a very large and growing user base, although “active” depends on the timeframe used.

BNB Chain reports hundreds of millions of unique addresses and millions of daily active users, making it one of the most used smart contract networks.

The report stated that the total number of unique addresses has exceeded 700 million, with BSC and opBNB together reaching over 4 million daily active users in 2025.

That scale was achieved with zero downtime and up to 31 million daily transactions in October, according to the network’s 2025 recap.

A separate five year anniversary update notes daily active users above 4.7 million and more than 5,000 projects live on the ecosystem, with BSC alone above 600 million unique addresses.

Third party analyses also put BNB Chain in the top tier by daily users, typically around 1.0 to 1.5 million active addresses per day in 2024.

Taken together, a cumulative figure like “50 million active addresses” over a broader window (for example, monthly or yearly actives) is consistent with this scale, even if not every report uses the same definition.

The report suggests that BNB Chain is not just big by market cap; it is structurally one of the highest usage environments in crypto.

Crypto analysts said if high activity is mostly organic and persists while BNB Chain holds or gains DeFi and stablecoin share, the 50 million address milestone could signal durable network strength rather than just a one-off spike. SUI Gains 5%, Paga Partners Sui to Advance Crypto Payment in Africa