Since the start of 2023, Binance Coin (BNB) has demonstrated remarkable outperformance against Ethereum (ETH), achieving significant price gains and displaying exceptional resilience in the face of market volatility. While ETH faced downturns linked to leveraged positions, BNB’s technical strength remained intact, leading to a period often referred to as the “BNB Season.” This sustained performance is backed by robust network activity on the BNB Chain. Analysis from Altcoin Vector reveals that despite a decline in active addresses during debt reduction efforts, they swiftly rebounded toward pre-existing levels, highlighting healthy user engagement and operational stability.