BNB Chain Strengthens in Uptober: Surpassing Solana and Expanding Ecosystem Amid Market Rally

LumeChain.com
2 Oct, 2025

 BNB Chain Outpaces Solana in Daily Activity as Ecosystem Gains Momentum



The crypto market is entering October with renewed energy, and BNB Chain is emerging as one of the standout performers. Despite ongoing volatility across altcoins, the Binance-backed blockchain has managed to hold steady, briefly surpassing Solana in daily active addresses while posting a sharp rise in on-chain revenue. Much of this growth has been fueled by the success of Aster (ASTER), a project that has drawn significant traction in recent weeks.

Market Recap: BNB Chain Shows Steady Growth

While many altcoin sectors struggled to stay green, BNB Chain’s ecosystem held firm. Over the past week, its total market capitalization grew by 0.7%, extending monthly gains to 11.8%, and leaving the sector just 3% away from its all-time high.



BNB itself has remained a stabilizing force. Its resilience helped offset losses among red-trending BEP-20 tokens, while several small-cap projects delivered eye-catching gains:

  • Subsquid (SQD): +182.7% – Driven by over 400M locked SQD, Deutsche Telekom node participation, and Coinbase roadmap buzz.

  • Nexusmind (NMD): +141.6% – Surged despite lacking a clear catalyst.

  • MYX Finance (MYX): +63.9% – Boosted by a short squeeze and bullish breakout speculation.

  • Humanity Protocol (H): +27.5% – Supported by new D’CENT hardware wallet integration.



Trending tokens this week ranged from content platforms and fan coins to Boundless (ZKC), which continued to underperform.



On-Chain Metrics: BNB Chain Surpasses Solana

One of the most notable shifts came from network activity. According to blockchain data, BNB Chain briefly overtook Solana in daily active addresses—a significant milestone given Solana’s strong growth trajectory in 2025. At the same time, BNB Chain recorded a meaningful increase in on-chain revenue, largely tied to ASTER’s performance.

However, the chain did experience a dip in transaction volumes and DEX activity, suggesting some unevenness in user behavior across different verticals.

Weekly Highlights: Upgrades, Airdrops, and Institutional Moves

The past week brought a flurry of updates and ecosystem developments within the BNB Chain network:

  • Lower Gas Fees and Faster Blocks: Validators approved a 0.05 gwei base gas fee and shortened block times to ~450ms, enhancing user experience with faster, cheaper transactions.



  • New Airdrops for Holders: Binance’s Airdrop Portal added OpenEden (EDEN), rewarding BNB stakers and continuing its streak of incentive programs.



  • Zero-Fee Stablecoin Campaign Extended: Free transfers and withdrawals of USDT and USD1 will now run through October 31, supporting users and apps dependent on stablecoin liquidity.



  • Franklin Templeton Joins BNB Chain: The $1.6 trillion asset manager expanded its Benji Technology Platform onto BNB Chain, reinforcing the blockchain’s push into real-world assets (RWA) for both institutional and retail investors.



Broader Market Context

The wider crypto market is also gaining momentum. Bitcoin (BTC) is edging closer to the $117,000 threshold, while altcoins show signs of recovery. Despite a recent U.S. government shutdown, investor sentiment has steadied, with the Fear and Greed Index returning to neutral and the Altcoin Season Index trending higher.

Outlook

BNB Chain’s ability to hold steady during turbulent weeks highlights its growing importance in the broader crypto landscape. With cheaper gas, extended stablecoin incentives, and rising institutional interest, the ecosystem appears well-positioned for further growth as October unfolds.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.

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