BNB Chain Shines Despite Market Dip, Shows Strong Q1 Performance

BNB Chain has delivered a standout quarter in terms of revenue and on-chain metrics, despite a notable 14.8% decline in its market capitalization over the period. According to a new report by Messari, the BNB chain saw a significant surge in revenue during Q1 2025, with earnings jumping 58.1% quarter-over-quarter to $70.8 million. This growth was driven primarily by a dramatic rise in wallet-to-wallet transaction fees, which accounted for 17.4% of total revenue and surged ahead of DeFi activity.