English
85235
|
Click blue Follow us! I thought BNB was just Binance’s own platform token… YZi Labs’ latest report directly challenges existing perceptions: It has long since evolved into the core “transaction engine” of the Web3 world, playing a vital role throughout the entire process of asset issuance, trading, and distribution. Even Bitcoin and Ethereum have different roles in this context. Just how significant is this upgrade? BNB breaks out of its constraints When it comes to BNB, many people used to think of it simply as Binance’s own platform coin. However, a recent in-depth report released by YZi Labs completely challenges this perception: BNB has long transcended the framework of a single-platform token and has become a core infrastructure asset in the Web3 ecosystem, aiming to serve as an efficient trading engine for the global Web3 economy. This positioning is completely different from that of Bitcoin and Ethereum—Bitcoin serves as a digital form of gold for value storage, while Ethereum acts as the foundational infrastructure for DeFi. BNB, on the other hand, aims to create a more comprehensive ecosystem: From the issuance and pricing of assets to their trading and distribution, it serves as the underlying layer for settlement and allocation throughout the entire process. In short, in the future, whether it's issuing assets, conducting transactions, or distributing profits within Web3, BNB will likely be an indispensable component. Take the data from the BNB Chain as an example: over the past 5 years, its number of active stablecoin wallets has not only been the highest but also increased at the fastest rate. And this is just the beginning – nowadays, the uses of BNB are far beyond just enjoying discounts on Binance’s transaction fees: On the BNB Chain, it can be used not only to pay for gas fees and for staking purposes but also to participate in applications in popular fields such as DeFi, AI, and RWA ； Events like Launchpool and Megadrop on Binance can also only be participated in using BNB. The report also mentions that BNB is the only token that allows users to engage with the entire process of managing Web3 assets from start to finish. Historically, the returns generated by holding these tokens have ranged from 15% to 20%, which is significantly higher than the yields offered by many financial products. Deflationary model The reason BNB has been successful for such a long time is definitely that its economic model serves as a stabilizing factor. The report states that BNB has a dual-pronged deflationary mechanism in place: Automatic destruction, combined with real-time termination via BEP-95, results in a continuous reduction in the supply as items are being destroyed as they are produced. Currently, the circulating supply of BNB is approximately 139 million coins, while over 62 million coins have already been destroyed. Based on the price of $1,115 on October 26, 2025, this equates to the destruction of a market value of approximately $72 billion. Moreover, the total maximum supply of BNB is only 100 million coins, so it will become increasingly scarce as time goes on. More importantly, the ownership structure of BNB is no longer dominated by a single entity: 66%-67% of BNB is in the hands of unrelated individuals; approximately 27% is reserved for destruction. Binance’s own holdings account for only 4%-5%, and even CZ’s personal stake is less than 1%. This decentralized form of ownership not only eliminates the risk of large-scale manipulations that could drive prices down, but also reduces the inherent risks associated with centralization. Institutions are more willing to invest in such assets – after all, no one wants to invest in something that is controlled by a few individuals. Ecological data can be used When it comes to BNB’s underlying strength, one must consider the ecological capabilities of the BNB Chain. As soon as the data for October 2025 became available, it was immediately eye-catching: The daily active address count peaked at 3.4 million, and the daily trading volume on DEXes amounted to approximately $19 billion, accounting for 61.25% of the total market volume. In other words, over 60% of all DEX transactions in the market currently take place on the BNB Chain. The DeFi sector is also clear-cut, with the total locked value remaining stable between $13 billion and $16 billion. Additionally, the number of daily active addresses increased by approximately 300% in 2025, indicating an increasingly strong network effect. Even more impressively, BNB Chain is also implementing a three-chain architecture: BNB Smart Chain, opBNB, and Greenfield each have their own roles, and they can all meet the needs of both developing ordinary DApps and those that require high concurrency and data storage. In the future, we also plan to increase throughput to over 20,000 TPS and reduce block confirmation times to within 150 milliseconds – at such speeds, we would be almost on par with centralized exchanges (CEX), significantly enhancing the user experience. Signal for institutions to enter the market Currently, BNB is also progressing smoothly in terms of compliance requirements, and the signs of institutional involvement are becoming increasingly clear. The report mentions that CZ’s pardon represented an important turning point, as it sent a signal of compliance to the North American market. As a result, compliance funds in that region may now be more inclined to invest in BNB. Moreover, the progress of BNB-related DAT/ETFs and the listing of BNB on exchanges is also underway. Next, BNB is set to be listed on major platforms such as Robinhood and Coinbase – which means that it will become much easier for ordinary investors to buy BNB, and the investor base for BNB will continue to grow. In the field of RWA (digitalization of physical assets), BNB Chain has also kept up, having collaborated with established institutions such as Ondo Finance and Franklin Templeton on projects involving the tokenization of government bonds. You should know that bringing traditional assets onto the blockchain is a very popular trend. Thanks to its stability, low transaction costs, and high throughput, BNB Chain has become an essential infrastructure in this field. In the future, it’s even possible that government bonds and stocks we buy could be traded in digital form on BNB Chain. BNB’s Ambitions In fact, the report from YZi Labs clearly outlines the evolutionary path of BNB: It is no longer just a platform coin that relied solely on Binance for support; rather, through its deflationary model, comprehensive applications, robust ecosystem, and compliance efforts, it has gradually become a bridge connecting the decentralized world with traditional finance. As technology continues to evolve and more institutions get involved, BNB’s role in the Web3 ecosystem will only become more important. Who knows? In a few years, when we talk about the core infrastructure of Web3, Ethereum might not even be the first thing that comes to mind—BNB could very well be. After all, an asset that’s capable of supporting a destruction value of 72 billion dollars and whose ecosystem performs better than the overall market does indeed have that potential.   Huachuantong Web3: The Encrypted World Focusing on sharing information in the field of investment For more great content, please follow us Looking forward to it from you Share, Like, Watch |
|
|
|
|
|
