Binance Coin (BNB) Network Booms with Record 3.6 Million Active Addresses

Binance’s native token, BNB, has experienced significant network activity as its daily active addresses have hit a record high of 3.6 million on the Binance Smart Chain (BSC). This surge in activity is closely linked to price movements and serves as a strong indicator for the health and growth of the BSC ecosystem. CryptoQuant’s analysis reveals a powerful correlation between wallet activity and BNB’s price, with both metrics rising steadily since early October. The report highlights how this increased engagement reflects a thriving DeFi landscape and wider adoption across Binance’s blockchain network.