Messari published the fourth quarter 2025 report for BNB Chain, indicating that the market capitalization of BNB reached 118.9 billion dollars by the end of the year, representing an annual increase of 17.8%, making it the third largest cryptocurrency asset.
The average daily transaction volume in Q4 increased by 30.4% quarter-over-quarter to reach 17.3 million transactions, while the number of daily active addresses rose to 2.6 million. RWA has become the main growth engine, with a total on-chain value reaching 2 billion dollars, an increase of 228% compared to the previous quarter and 555% year-over-year, just behind Ethereum. The market capitalization of stablecoins increased by 9.2% quarter-over-quarter to reach 15.2 billion dollars, and the DeFi TVL stands at 6.6 billion dollars, of which PancakeSwap accounts for 33.5%.