BNB Chain has shown strong performance over the last week, with the ecosystem holding key metrics despite the recent market downturn and BNB’s price correction BNB Chain has shown strong performance over the last week, with the ecosystem holding key metrics despite the recent market downturn and BNB’s price correction

BNB Chain Metrics Show Strong Performance As BNB Price Retests ‘Do Or Die’ Level

2026/02/04 01:21
3 min read

BNB Chain has shown strong performance over the last week, with the ecosystem holding key metrics despite the recent market downturn and BNB’s price correction toward a major support level.

BNB Chain Key Metrics Hold Strong

On Monday, BNB Chain shared its weekly ecosystem snapshot, revealing solid network performance and sustained growth on multiple key metrics from January 22 to January 28, 2026.

According to the report, BNB Chain saw over 4.9 million average Daily Active Users (DAU) during the snapshot period, an 11.4% increase from the 4.4 million average DAU recorded the previous week.

Notably, data from Dune Analytics shows that the BNB Smart Chain (BSC) recorded 2.59 million DAU, and opBNB saw 2.36 million DAU. While the BSC saw an 8.5% Week-on-Week decline, opBNB recorded a strong 46% weekly increase.

Meanwhile, BNB Chain also registered over 142.6 million transactions during the recorded week, with 118.96 million from BSC and 23.65 million from opBNB. Although it represents a mild 2% decline from the previous week, it continues January’s trend of weekly transactions exceeding 140 million.

Dune data cited by the report also shows that BNB Chain’s total trading volume reached $56.4 billion between January 22 and January 28, while the Total Value Locked (TVL) was at $6.83 billion.

This builds on the ecosystem’s strong performance in 2025. According to a December report, its total unique addresses exceeded 700 million last year. Both BSC and opBNB achieved new usage milestones, with over 4 million DAU.

In addition, its TVL grew by over 40%, while average daily transactions rose to 10.78 million, reaching an all-time high (ATH) of 31 million daily transactions in October.

New Ecosystem Developments

The latest report also highlighted key ecosystem developments, including significant steps toward broader institutional access, strong builder activity, and growing user participation.

As reported by NewsBTC, Prediction Markets on BNB Chain recently reached a new milestone after surpassing $20 billion in cumulative volume last week.

Dune data shows that prediction markets within the ecosystem have surged significantly since Q4, 2025, increasing nearly 89% in a month. BNB Chain also led in weekly trading volume by chain, surpassing off-chain prediction markets, Polygon, Solana, and Base since the start of this year.

Grayscale filed an S-1 form with the US Securities and Exchange Commission (SEC) to launch a BNB-based spot exchange-traded fund (ETF), signaling major institutional interest in the ecosystem.

BNB’s Price At Major Support

Despite a packed week for the ecosystem, BNB is currently at a seven-month low, attempting to bounce from a crucial area to prevent a deeper correction. Notably, the altcoin has seen a 13.1% pullback over the past week, falling below the $900 and $800 supports.

The cryptocurrency has also recorded a 44.5% decline from its October 13 ATH of $1,369, currently hovering between the $760-770 area. Market observer Whale Factor affirmed that BNB is “at the ultimate ‘do or die’ level.”

The analyst highlighted that BNB retested a major support level as it tapped the $730 area on Monday. As he explained, this zone has held in the daily and weekly timeframes since August, and could set the stage for the next major move.

If this level continues to hold in these key timeframes, “a clean bounce here targets $900+ for a massive reclaim.” On the contrary, “If we lose $730 on the daily close, we’re looking at a fast slide to the $650 liquidity gap,” Whale Factor warned.

BNB, bnbusdt
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