Key Takeaways
How active is BNB Chain right now?
Over 3.5 million Daily Active Addresses show strong network usage and retention among returning users.
What’s driving Binance Coin’s next move?
Token burns near 309 BNB daily may tighten supply, aiding price stability and bullish sentiment.
Market liquidity for Binance Coin [BNB] strengthened over the past week as Binance and BNB Chain rolled out three compensation funds totaling $728 million.
The initiative coincided with growing retail interest, reflected by rising Binance-related Google searches.
BNB held firm near the $1,185 support level. AMBCrypto’s analysis suggests that the on-chain revival could influence its next price swing.
What’s happening on-chain for BNB
BNB Chain’s on-chain activity showed renewed momentum this week, signaling improving network health.
At press time, Daily Active Addresses witnessed their biggest spike in recent days, according to the latest data from Artemis.
There were around 3.5 million DAA—evidence of increased usage in processing transactions across the network.
Source: Artemis
At the same time, user stickiness improved. Returning users reached 2.5 million, over half of total participants, suggesting consistent engagement and stronger token demand.
In parallel, BNB Chain’s internal mechanisms to reduce supply gained pace.
Deliberate catalysts to drive BNB demand
BNB Chain has quietly resumed its efforts to reduce the token’s circulating supply.
Artemis data showed a continued decline in BNB’s Circulating Volume, confirmed by the burn metric.
Token burning permanently removes coins from circulation through protocol-owned fees—a mechanism World Liberty Finance [WLFI] recently adopted in an approved governance proposal.
The most visible impact of this mechanism has been seen on Hyperliquid [HYPE], which implemented a similar process and removed $1.3 billion worth of its tokens from circulation.
Source: Artemis
With BNB Chain ranking third in trading volume—$4.94 billion daily and $123.98 billion monthly—the likelihood of demand outpacing supply is increasing.
This trend could push BNB’s price higher and potentially lead to a reclaim of previous highs.
Where traders are betting
Interestingly, CoinGlass data showed neutral liquidation levels, with liquidity clusters forming evenly on both sides of the chart—suggesting traders were still undecided on direction.
Even so, solid on-chain metrics, rising burn pace, and steady exchange inflows positioned BNB for an early upswing before a potential continuation if macro sentiment stabilizes.
Source: CoinGlass
