Binance Coin: Is BNB ready for bull run? – THESE datasets say yes

By: ambcrypto|2025/05/15 21:15:05

Binance Wallet onboarded 4.3 million users and controlled over 90% of the weekly crypto swap market. BNB could be the key beneficiary in the long run if the growth continues. In just one week, Binance Coin [BNB] Wallet onboarded 4.3 million new users on-chain, extending its weekly crypto swap market share to +90%. If the trend continues, this could set up the native BNB token’s further rally. Source: Dune Analytics BNB’s flywheel According to Dovey Wan , founder of Primitive Ventures, a crypto investment firm, the growth has surpassed other ‘centralized’ wallets like OKX and MetaMask. She pinned it on meme farming and airdrop hunting. “Its market share just rips after launching of the alpha program, turned the wallet into a meme farming engine, token gated airdrop club and yield shovel.” Notably, the alpha and airdrop programs often require users to hold or lock in BNB to participate, creating another demand line for the native token. As a result, the campaigns, especially the alpha listing, have become a flywheel for BNB token and ‘funnel growth’ for the wallet, noted Wan. Additionally, Wan stated that the growth could have been accelerated by the OKX wallet’s temporary discontinuation in late 2024. In the past week alone, Dune Analytics data showed that Binance Wallet handled over $3B in weekly swapped volume. When zoomed out at the chain level, BNB Chain/BSC was the second most dominant in weekly DEX volumes at 19% against Solana’s [SOL] 28%. Source: DeFiLlama In fact, DEX volumes across the BNB chain ecosystem jumped 128% last week (nearly $19B). This underscored the chain’s traction during risk-on sentiment. If the positive market sentiment persists, the best way to capitalize on this trend would be via an exposure to BNB. For reference, SOL hit a cycle high of $295 in January after TRUMP memecoin debuted. This was due to the massive demand for the token, used as transaction fees, in the Solana DeFi ecosystem. A similar scenario could play out if the Binance Wallet and overall BNB chain growth explode. On the 3-day price chart, BNB briefly faced sell pressure after tapping the $690-$720 supply zone (red). But the $640-645 price zone was also a key short-term support and was above the mid-range of a multi-month channel. In the short term, BNB could be range-bound between $600-$720; however, a bullish breakout from the 2-year channel could push it to $900. Source: BNB/USDT, TradingView Share Share Tweet

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.