BNB’s long-term bull logic: the resonance cycle of funds, users and narrative

C.Z 2025-10-28 18:09 22344人围观 BNB

Please indicate that the reprint is from the "Biteye" community Author: Biteye Core contributor Viee Editor: Biteye Core contributor Denise Community: @BiteyeCN*Full text is about 5200 Words, estimated reading time is 14 minutes 01BNB ecological benefits

Please indicate that the reprint is from the "Biteye" community

Author: Biteye core contributor Viee

Editor: Denise, Biteye core contributor
Community: @BiteyeCN

*The full text is about 5,200 words, and the estimated reading time is 14 minutes.

01
BNB ecological benefits are emerging frequently, and the market focus continues to return

Since mid-October, the BNB Chain ecosystem has continued to gain popularity, with key events occurring one after another. Traditional financial institutions have entered the market one after another. China Merchants Bank International has launched a USD 3.8 billion U.S. dollar money market fund through BNB Chain, and YZi Capital has announced that it will invest approximately USD 100 million in project investments in the BNB ecosystem. These benefits further consolidate BNB Chain's leading position in the industry. Just yesterday, with the news that CZ had been granted amnesty, market sentiment experienced another significant improvement. The last cloud of regulatory uncertainty shrouding the BNB ecosystem has been lifted. Trust restoration has become the starting point for a new round of funding, users and narrative resonance in BNB Chain.

At the same time, BNB Chain has integrated with the prediction market platform Polymarket, allowing users to make direct deposits and withdrawals through the BNB Smart Chain (BSC), opening up a new scenario of "prediction + trading". At the same time, BNB has also successively logged on to Robinhood and Coinbase, two major CEXs, to gain greater global financial access. At the stablecoin level, StraitsX announced that it supports the native issuance of USDT on BSC to further enhance on-chain payment and settlement capabilities. The strategic cooperation with Better Payment Network (BPN) will build a multi-stable currency-driven global settlement network to enhance the payment capabilities on BSC. “Binance Life” Chinese Meme tokens are listed on the Binance Futures platform and Base App, and market funds and attention remain on the BNB ecosystem.

In addition, Four.meme and BNB Chain Ecosystem’s ongoing $45 million “rebirth support” BNB airdrop plan has also completed the first two batches of airdrops and is quickly repairing the confidence gap after the “10.11 crash”.

Looking back on this round of the market, despite the sharp market decline on October 11, BNB was one of the few mainstream assets that quickly recovered its losses and led to a simultaneous recovery in the popularity of the chain. From community popularity to capital inflow, BNB Chain is forming a triple resonance of "platform narrative + user growth + capital return". If 2021 is the golden age of the Ethereum ecosystem, then 2025 can be said to be the home field of BNB Chain.
02
The three forces behind the narrative of BNB Chain
2.1 Breaking the narrative circle: “Binance Life” starts a chain reaction

One of the key catalysts for BNB Chain’s recent rise in popularity comes from the listing of the Meme coin “Binance Life” on Binance’s perpetual contract. This not only breaks the old perception that "Chinese Memes cannot be used in major exchanges", but also marks the beginning of the export of native project narratives on the BNB chain to centralized platforms, creating stronger mainstream acceptance. And "Binance Life" has now been extended to Base App, and the narrative influence breaks through the boundaries of a single chain. At the same time, Binance has recently officially launched a special area for Chinese trading pairs, which may further support the exposure of Chinese-language projects.

From an ecological perspective, this wave of Meme craze with Chinese culture as its core is no longer limited to "content meme", but has promoted product upgrades on the platform side and adjustments to the narrative strategy of the project side. It not only promoted the increase in activity on the chain, but also began to attract attention to other products and tracks in the Binance ecosystem (such as Alpha, Pre-TGE, etc.), opening up a wider radius of influence for BNB Chain.
2.2 The basics of the chain are solid: low cost, high performance, and huge user base

BNB Chain's ability to attract a large amount of funds and users is inseparable from the performance and cost advantages of the chain itself. Previously, BNB Chain further shortened the block generation time and halved the gas fee, promoting a surge in activity on the chain. According to statistics from DefiLlama and others, BNB Chain’s single-day on-chain transaction volume reached a peak of 30 million transactions in early October. ； In terms of DEX trading, BNB Chain’s daily trading volume recently even surpassed Ethereum and Solana.
2.3 Binance Ecological Combination: Issuance Platform + DEX + CEX Create Abundant Liquidity

Behind the explosion of BNB Chain is the Binance ecological liquidity support system. First of all, Binance Alpha and Aster provide a "mini-Binance" environment, allowing popular on-chain tokens to be quickly listed for trading. In addition, the emergence of launch platforms such as Four.Meme has also greatly enriched BSC's project supply, providing a low-cost one-click currency issuance channel, allowing all kinds of Meme to flourish on the chain in a short period of time. Moreover, Binance’s official wallet launched the “Meme Rush” function some time ago to standardize and guide the Meme coin issuance process on the chain in stages.

These links constitute BNB Chain's unique "liquidity closed loop" chain. When the currency is listed on Alpha, then Aster DEX spot + Binance futures, and finally landed on the Binance main board, each step will push the currency price higher.
03
BNB Chain’s wealth creation effect spreads, and the popularity on the chain continues to be high

At the peak of Meme in early October, more than 100,000 addresses participated in the BNB chain Meme craze, and nearly 70% of early traders were profitable at one time. Several BNB Chain Meme coins have experienced a skyrocketing market value, and the Meme that has become a hit has traces to follow, including narratives that are close to community sentiment, ample liquidity on the chain, and community interaction becoming the trigger.

After the sharp market correction on October 11, BNB Chain became one of the few public chains with "prices not falling and data improving." According to the latest data, as of October 20, BNB Smart Chain's daily active addresses have exceeded 2.58 million, an increase of more than 20% from this month's low. The number of daily transactions on the chain also reached 18.77 million, still higher than the level at the beginning of the month.

Judging from the trend chart, since May, the number of active addresses of BNB Chain has climbed from an average daily average of less than 1.5 million. After exceeding the peak of 3 million for the first time in mid-July, there have been many strong increases in volume driven by the Meme craze.； The number of transactions has been climbing for three consecutive months since June, and there was an obvious explosion in early October, with single-day transactions reaching nearly 28 million. Although it fell back later, it still maintained a strong range of more than 20 million.

This series of data confirms the fact that the current market enthusiasm of BNB Chain is not a bubble hype, but is accompanied by the simultaneous growth of real users and on-chain activities. From user retention to interaction frequency, it shows the "second growth curve" of a positive ecological cycle.
04
How to find the next wave of opportunities on BNB Chain?

Based on the experience of this round of market conditions, there are several key channels and signals for reference.

To judge whether an Alpha project has explosive potential, you can start with four signals:

First, the heat is rising. When the project name, logo, and memes appear frequently on X and Telegram, and the number of discussions and interaction rate in the comment area suddenly increases, it often means that market attention is concentrating.

The second is social fermentation. Pay attention to the number of currency holding addresses, group activity and secondary creation output. Whether a project can form "tap water" communication depends on whether users are actively creating content instead of just waiting for the price to rise.

The third is the interaction with celebrities such as CZ. Likes and reposts are considered the strongest signals.

Finally, there is the gathering of funds. The continuous sweep of whale addresses on the chain in a short period of time is a typical sign of "smart money entry". Usually, such signals are most intensive a few hours before the price starts.

When these four signals appear at the same time, it means that a project’s narrative, community, and funding are resonating—this is the critical moment when Alpha projects enter the outbreak zone.

Specific operational level:

1. Pay close attention to Binance Alpha’s new project announcement, which is expected to usher in trading enthusiasm in the short term.

In addition, Binance has previously launched the Pre-TGE Prime Sale model, which is equivalent to the "advanced version" of the original Pre-TGE, with a larger sales scale and a longer cycle. The participation process is divided into three steps - first use BNB to recharge and subscribe (excess allocation, everyone can participate). After the subscription is completed, the system will issue tokens in proportion. After the project TGE is launched, it can be opened for trading on the Binance Alpha market.

2. Use XHunt to track dynamics in real time

XHunt has launched a new BNB Feed function, which integrates important updates related to the Binance ecosystem and comes with AI summaries. At the same time, it supports sound reminders and pop-up push notifications, which is suitable for Alpha traders to respond quickly 24/7.

3. Participate in early transactions of on-chain DEX such as PancakeSwap and Aster

For on-chain players with a keen sense of smell, immediately discovering new tokens with a sudden increase in trading volume on DEX lists such as PancakeSwap is one of the effective ways to catch dark horses.

4. Use Binance Wallet “Meme Rush” function

Binance Wallet launches the Meme Rush function. To put it simply: Meme Rush is the Launchpad launched by Binance Wallet in cooperation with Four meme. It differs from ordinary Launchpad in two core ways:

First, participation is limited to users using the Binance App’s built-in Web3 wallet (who have completed KYC).

Secondly, the internal disk migration limit is higher.

So, how can we use Meme Rush to find and participate in early Meme projects? Its interface is usually divided into three core areas, representing different stages of the project: new currency, upcoming release, and migrated.

>New coins: The projects in this area are mixed, with relatively high risk and noise. It is suitable for preliminary research and screening by experienced players who like to mine ultra-early Alpha.

>Upcoming Issues: This section is a list of stocks that are about to be released from the internal market to the external market, and is a list with funds to pay for orders. If we are not very P, we can focus on the interesting items in this list.

>Migrated: This part is the list from the internal disk to the external disk. This part is available for purchase by all users. It also belongs to the best of the best.

In addition to chain scanning functions such as Meme Rush, Binance Wallet also provides a decision-making tool-KOL monitoring list.

The biggest innovation of this function is that it binds the wallet address with the KOL identity. While other products let you track a bunch of nameless addresses, Binance Wallet lets you track the KOL’s portfolio directly. It clearly displays the complete positions and detailed transaction records of a specific KOL, and can intuitively analyze the positions, winning rates and investment styles of different KOLs.

05
Long-term outlook: Market sustainability driven by the flywheel effect of BNB and BNB Chain

As this round of BNB Chain market evolves, a question worthy of attention is: Can this rise driven by the resonance of funds, users and narratives be transformed into a long-term bull market for the BNB ecosystem?
5.1 Flywheel effect: positive feedback loop from transaction to price

From a fundamental perspective, BNB Chain is forming two powerful "flywheel effects" to provide support for the sustainability of the market:

(1) Transaction - Burning Flywheel

The surge in on-chain transaction volume has provided direct support for BNB currency prices. As the fuel of the BSC network, BNB's economic model includes a dual deflation mechanism: on the one hand, Binance implements automatic destruction of BNB every quarter, and on the other hand, implements BEP-95 real-time burning on the BSC chain, directly destroying part of the handling fees to reduce supply. Under the current meme trading frenzy, a large amount of BNB continues to be consumed. The continued burning brought about by this transaction demand strengthens the scarcity of BNB. Therefore, this round of BNB’s rise is not only driven by market sentiment, but also reflects the unique intrinsic value and deflation mechanism of the BNB Chain ecosystem. When users continue to trade Meme coins on the chain, it virtually pushes up the intrinsic value of BNB, thus forming a virtuous cycle of "the higher the usage - the more it is destroyed - the higher the price".

(2) Ecological-funding flywheel

The return of funds brought about by the ecological expansion of BNB Chain cannot be underestimated. On the one hand, new projects emerge one after another to attract investors. If users want to participate in popular opportunities on the BSC chain, they must purchase BNB as gas or trading pair positions, bringing continuous buying. On the other hand, in order to cash in on their gains, many Meme coin winners eventually chose to exchange part of their profits back into BNB or invest in other projects in the BNB ecosystem, leaving most of the funds circulating within the BNB Chain. In the long run, as BNB Chain continues to launch technological upgrades, the types of applications and user scale that can be carried on the chain will further expand, injecting new growth points into the ecosystem. As long as the two wheels of ecological prosperity and capital inflows continue to roll, BNB currency prices and the entire ecological market value are expected to maintain a strong upward trend.
5.2 BNB Chain’s long-term value and long-term bull logic

If the flywheel explains the "mechanical principle" of BNB price increase, then the long-term logic of BNB Chain lies in its ability to form ecological potential for sustained growth.

Judging from the on-chain data, the rise of BNB Chain is not a pile of bubbles, but is supported by real on-chain activities. As mentioned earlier, core indicators such as active addresses, transaction volume, and TVL all hit record highs simultaneously, indicating that the underlying driving force of this round of Meme market comes from the participation of real users and capital flows, rather than a pure speculation wave.

From an ecological perspective, the success of Meme Season is a concentrated expression of the power of the community: the interaction between CZ and Yijie became a catalyst for communication； The cohesion of the Chinese-speaking community gives the narrative more vitality ； In addition, the favor of traditional leading brokers and institutions has increased the adoption of BNB. The superposition of these three constitutes the real underlying logic of BNB Chain’s long bull—the resonant cycle of funds, users and narrative.

At the same time, BNB has also made breakthroughs in institutional adoption: it has been launched on Robinhood and Coinbase, two major platforms, and many listed companies have also announced BNB purchase plans.

More importantly, this round of BNB ecological craze shows a healthier endogenous cycle. There is a mechanism for funds to be retained and rolled within the ecosystem. Users are actually growing. The narrative is supported by cultural connotations and community consensus.

Therefore, the rise of BNB Chain may be heading towards a long-term positive feedback development stage.
06
Conclusion

This round of rise of BNB Chain is not only a market victory, but also an ecological self-proof. It allows the outside world to see that in the long encryption cycle, users and liquidity are the most solid moats.

Whether it is the popularity of Meme, or the activity and capital flow on the chain, BNB Chain is forming its own "resonance system" - transactions bring popularity, popularity brings traffic, and traffic feeds back the price. This is a natural choice of market forces and an inevitable echo of community consensus.

Of course, BNB’s long-term success cannot rely solely on short-term sentiment, but must continue to be based on real transactions, robust mechanisms and user trust. Only when these fundamentals are solid will prices make sense. From this perspective, the second half of BNB Chain not only continues the popularity of the previous round, but also enters a new stage: from short-term explosion to long-term construction ； From the myth of wealth creation to ecological value.

It belongs to the BNB cycle, which may have just begun.
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END

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