Compass Investments

– Memes and noise aside, industry analysts believe BNB’s recent growth is due to the scale and reach of Binance’s users. In the past quarter, the popular cryptocurrency platform raised $14.8 billion, which is directly attributed to the increased activity of BNB Chain.

Zach Cheah, co-founder of Pundi AI, a BNB Chain-based data ecosystem infrastructure, told Cryptonews that BNB’s utility has always been tied to actual activity on the network. In his opinion, that connection is only getting stronger as the ecosystem expands. “Every time gas fees go down or new projects in DeFi, GameFi and AI gain momentum, it encourages more use of the chain and strengthens BNB’s position as the main ‘fuel’ of the ecosystem, Cheah said.

Therefore, he believes that BNB’s price increase reflects the strength of the underlying network. “Recently, the BNB network has shown stable user activity, high transaction volume and growing developer participation, he emphasized.

Marwan Kawadri, head of DeFi and head of BNB Chain EMEA, told Cryptonews that the ecosystem is indeed seeing more and more real-world use cases.

We are seeing an increase in practical applications, from real asset tokenization to payments to DeFi, all backed by ultra-low fees and high execution speeds. The market is realizing that it’s about utility, not noise, and adoption is driving activity, Kawadri said.

According to YCharts, transaction volume on the Binance Smart Chain reached $27.49 million on Oct. 9, up from $13 million a month earlier, more than doubling.

The higher transaction volume on BNB Chain can be attributed to recent improvements to the network. Cavadri said BNB Chain’s technology stack has become more mature, providing faster transaction processing, higher throughput and consistently low gas costs.

We are building one of the most scalable environments for on-net trading. This combination attracts both active traders and institutional investors, he emphasized.

For example, BNB Chain’s upgrade to Maxwell in June this year reduced block time from 1.5 sec to 0.75 sec, demonstrating an aggressive optimization of network speed. This has allowed BNB Smart Chain to become the fastest Layer 1 (L1) blockchain, making BNB Chain more attractive to dApps, traders and developers.

With this in mind, Cheah shared that BNB Chain combines performance, accessibility, and ecosystem maturity. For developers, it’s a practical platform: a fast, cheap environment where products can scale without friction, he said.

He also added that the new standard gas fee of 0.05 Gwei has made BNB Chain one of the most cost-effective L1s on the market, which is critical for AI applications and big data like ours.

BNB Smart Chain’s standard 0.05 Gwei gas fee is now adopted across the entire network!

key ecosystem partners including @BinanceWallet, @TrustWallet, @Aster_DEX and others have moved to 0.05 Gwei as the base fee.

Kawadri also said that BNB Chain will see further upgrades this year, including a tenfold increase in the blockchain gas limit, faster transaction completion to 450ms on the core network, and ultra-low fees.

The BNB Chain developer community is also thriving. On October 8, it was announced that the $1 billion BNB Chain creators’ fund backed by YZi Labs aims to accelerate current and future projects on the network. The announcement said that the BNB Chain ecosystem already has more than 460 million users.

the BNB Most Valuable Builder program and the new $1 billion Builder Fund are clear signals that BNB Chain is serious about long-term innovation. It’s not just funding hype; it’s supporting utilitarian projects from AI to DeFi to RWAs. It’s attracting developers who want to build solutions for the future, not just for the next quarter, Cheah emphasized.