Author: Biteye core contributor Viee

BNB Chain's recent data for May shows the strong growth momentum of its ecosystem. Its DEX transaction volume ranks first in the global public chain, and the number of successful transactions on the chain has increased by 122% month-on-month, while the number of monthly active users of stablecoins has exceeded 15.3 million, achieving a monthly growth of nearly 40%. At the same time, Meme coins in the BSC ecosystem have set off a wave of crazy growth. Many popular tokens such as Ghibli and BOB have doubled or even higher in daily gains, becoming the focus of market attention. Behind this series of eye-catching data is the clear manifestation of a new round of wealth effect in the BNB Chain ecosystem. What are the popular projects in the BNB Chain ecosystem that are attracting capital inflows? How can retail investors seize market opportunities with the liquidity advantages created by USD1 and Binance Alpha? This article will deeply dismantle the wealth code of BNB Chain and take you to discover the next wave of potential investment opportunities.

1. BNB Chain Hotspot Decryption: Data Appearance and Deep "Wealth Code"

BNB Chain’s recent ecological explosion, understanding the logic behind the data, and understanding the core driving force behind the project’s popularity are the keys to capturing “Alpha”.

1.1 BNB Chain Hot Projects

The following table shows the popular projects in different categories of the current BNB Chain ecosystem, as well as several core features:

First, among the recent active trading projects, we can see several major narratives. $B and $KOGE in the Meme track occupy high trading volumes, indicating that Meme is still an important traffic and capital entrance in the current market stage. $SKYAI, $PORT3 and AI game $ELDE in the AI track reflect that the potential of AI x Crypto is being actively priced by the market. In addition, ZK technology represented by $SOPH and real-world asset on-chain represented by $RWA also occupy a place in it, showing the diversification and foresight of the BNB Chain ecological narrative.

Secondly, the list of projects supported by the BNB Chain $100M fund (sorted by transaction volume) reveals the foundation's preferences. Among the five high-volume projects, three ($AIOT, $SIREN, $CGPT) clearly belong to the AI field, covering multiple popular directions such as the combination of AI and IoT/DePIN/games, AI Agent, and AI infrastructure. Many of the projects with active transaction volumes mentioned above have also received support from the BNB Foundation, which clearly sends a signal: BNB Chain officials are vigorously supporting tracks such as AI that have long-term growth potential and technological innovation, and expect them to contribute considerable on-chain activity.

Finally, DeFi, as BNB Chain's traditional strength, remains solid. In the DEX field, PancakeSwap demonstrated its unshakable leading position with a monthly transaction volume of 71.6 billion in May. In the perpetual contract track, the rise of platforms such as MYX Finance, Aster and KiloEx shows BNB Chain's competitiveness in the field of derivatives, and its transaction volume is also considerable.

In summary, the above popular projects show a panoramic view of the BNB Chain ecosystem, which is led by mainstream narratives, has an emerging track explosion, and is the cornerstone of DeFi. They are hot spots selected by the market with real money. For users, how can they find opportunities in these popular projects?

1.2 Interpretation of the “wealth code” behind popular projects

Strategy 1: "Narrative + Liquidity" dual leaders. You can consider looking for projects that can not only step on the strongest narratives in the current market (such as Meme, AI), but also access powerful liquidity solutions. They often have the potential for "Davis double click". For example, pay attention to projects that have a strong connection with core liquidity such as USD1 trading competition and Binance Alpha.

Strategy 2: Value analysis of AI projects. There are many types of AI projects on BNB Chain. A hierarchical study can determine their position in the value chain. In addition, it is also necessary to pay attention to their technical barriers, team background, partners, and actual implementation progress. Let's take several popular projects as examples:

Infrastructure layer: such as $SKYAI (data bridge) and $REX (modular AI Infra) provide underlying support for AI applications and are expected to benefit first when AI applications explode. Therefore, you can pay attention to such projects. When the technology is gradually verified and the ecosystem is gradually expanded, there may be opportunities for value reassessment.

Application layer: Such as $ELDE (AI game) and $CA (AI life engine), which are directly facing users. The main focus is on whether the project can create killer applications and sustainable business models.

Data layer: Such as $PORT3 and $AGT are committed to building a decentralized AI data network. Data is the fuel of AI, and its value is self-evident. We need to pay attention to its data acquisition, governance and commercialization capabilities, as well as whether it can build a strong data network effect.

Strategy 3: Alpha signal of the “official list”. BNB Chain’s $100M fund support list can be regarded as an observation pool that has been officially screened. Although not all of the projects invested can soar, it at least shows the official recognition of the narrative, technology, team or track prospects of these projects. Analyze the reasons why these projects are supported, what problems they solve, and judge whether they have long-term growth potential.

In short, formulate strategies reasonably, do not be greedy for the myth of skyrocketing, and do not miss the long-term growth. For short-term hot spots with strong hype, participate in small positions and enter and exit quickly, and stop when you see the profit; for the optimistic mid-term tracks, you can arrange in batches and track them for a long time, and adjust the positions according to the changes in fundamentals. It is recommended to make diversified investments when laying out hot tracks, rather than focusing on a single project, to reduce potential risks.

II. BNB Chain Ecosystem Foundation and Activity Overview

After understanding the wealth narrative and Alpha opportunities emerging on BNB Chain, we will focus on the core data of BNB Chain's ecosystem to reveal the hard power behind its popularity. The following table summarizes the comparison between BNB Chain and other public chains in terms of main indicators.

As shown in the figure, according to the data on May 31, the trading volume of All Chains DEX in May reached 474.135 billion US dollars. Among them, stimulated by the Alpha airdrop and trading competition, the trading volume of BNB Chain DEX reached 178.228 billion US dollars in that month, ranking first, setting a new historical high; the trading volume of BNB Chain, the largest DEX, reached 165.35 billion US dollars in that month, also reaching a historical high. This "fault-like" lead proves that BNB Chain has become one of the preferred platforms for on-chain user transactions. The huge trading volume not only represents extremely high liquidity depth, but also means more effective price discovery and more abundant trading opportunities, attracting a continuous influx of traders and market makers.

The transaction volume depends on the user base, and the "7-day active address growth rate" is a key indicator to measure user growth. BNB Chain is significantly ahead of Ethereum (4.86%), Solana (3.02%) and Tron (3.01%) in this indicator with a growth rate of 7.25%, showing strong ecological appeal.

Another major factor in the active ecosystem is the competitive advantage of transaction costs. Many mainstream DEX protocols on BNB Chain provide transaction fees as low as 0.01% for many trading pairs. For the same ordinary transaction, the transaction cost of users on BNB Chain is only a few tenths of that on Ethereum. This is a great advantage, especially in the high-frequency trading scenario of Memecoin.

In addition to the outstanding performance of the basic chain data, BNB Chain has further consolidated the ecological foundation through various developer incentives. Recently, BNB Chain has continued to promote the MVB (Most Valuable Builder) plan to provide financial support, technical guidance and ecological resource docking for new projects and development teams.

Based on the above comprehensive considerations, BNB Chain is significantly ahead of most mainstream public chains and has strong momentum for continued development, becoming one of the most active and promising public chains at present.

3. Dual-engine drive: USD1 and Binance Alpha build BNB Chain’s growth momentum

The strong market appeal of BNB Chain recently has a solid foundation. The deep liquidity brought by the USD1 stablecoin and the efficient drainage channel built by Binance Alpha are like two core engines that jointly drive the current value narrative of BNB Chain.

3.1 USD1: Building the Liquidity Foundation of BNB Chain

The rise of USD1 means much more to BNB Chain than just an ordinary dollar-pegged coin.

First, more than 99% of USD1 is deployed on BNB Chain. The stablecoin is issued by World Liberty Financial (WLFI) and BitGo provides custody services. Previously, Abu Dhabi investment institution MGX recently completed a $2 billion investment in Binance through USD1, further highlighting its potential.

Behind this high concentration, the "zero gas fee" incentive mechanism tailored by BNB Chain for USD1 played a key role, greatly reducing the transaction costs of users. This made USD1 quickly become one of the stablecoins favored by on-chain users, especially high-frequency traders and Meme players, paving the way for its large-scale application.

USD1's influence is not limited to the Meme track, it is expanding outward in an all-round way. In mainstream DeFi protocols such as PancakeSwap and Venus, the trading volume of USD1/USDT, USD1/BNB and other trading pairs continues to rise. In addition, USD1 has landed on Ethereum (ETH) and plans to connect to TRON. This cross-chain and cross-platform layout further feeds back the ecological value of BNB Chain through the transmission of liquidity.

3.2 Binance Alpha: Traffic amplifier enabled by CEX

As a project discovery platform launched by Binance, Binance Alpha has become a "wealth amplifier" that diverts traffic to BNB Chain.

Platform data shows that among the projects launched in the Alpha zone, more than 70% are based on BNB Chain tokens. Binance has even launched incentives such as "double points for BNB Chain project transactions" to encourage exchange users to trade assets on BNB Chain. This is the perfect embodiment of the synergy of the Binance ecosystem - successfully combining the traffic and brand advantages of CEX with the on-chain ecological advantages of BNB Chain to form a powerful growth flywheel.

In summary, USD1 stablecoin, with its strong capital background, has built a liquidity foundation and institutional narrative for BNB Chain, while Binance Alpha platform has provided BNB Chain with a steady stream of user traffic and market heat. One consolidates the value anchor on the chain, while the other attracts users and liquidity off the chain. The two work together to promote the wealth narrative of BNB Chain.

IV. The main ways for retail investors to participate in BNB Chain

"Brushing points" and early interaction: The Binance Alpha platform guides users to interact with new projects on the BNB Chain through tasks and incentives. Actively participate in these activities and have the opportunity to win early airdrop benefits.

Alpha Earn Hub Liquidity Mining: Recently, the opening of Binance Alpha Earn Hub has provided users with a direct value-added path. By providing liquidity for selected Binance Alpha tokens on PancakeSwap V3, users have the opportunity to earn up to 1000% annualized return (APR), which is an excellent window to capture early high-yield opportunities (pay attention to impermanent loss and token decline risks when participating).

Actively participate in "new issuance": Retail investors can participate in Binance Wallet TGE, as well as PancakeSwap IFO (Initial Farm Offering), Four.meme, etc., which are also important "new issuance" channels on BNB Chain.

Meme coin hot spot tracking: Use tools such as Four.meme, DexScreener, DEXTools, etc. to track the hot meme trading pairs on BNB Chain in real time, and pay attention to those memes with unique culture, strong communities, or those that can catch the hot narrative. However, please note that meme coins fluctuate greatly and are extremely risky. If you participate, be sure to treat it with a small amount of funds and a "zero-return" mentality, enter and exit quickly, and strictly stop profit and stop loss.

Dive into DeFi protocols: Provide liquidity, lend, or stake BNB in DeFi protocols such as PancakeSwap, Venus, Lista DAO, etc. to obtain relatively stable returns.

5. BNB Chain information channels worth paying attention to

Official core channels:

Twitter: @BNBCHAIN (the first choice for official announcements, ecosystem updates, and event information), @BNBCHAINZH, @four_meme_ (BNB Chain token issuance platform), @BNBChainDevs (technology and developer news)

BNB Chain Blog: Official blog, with in-depth articles, technical interpretations, and roadmap updates.

DappBay: BNB Chain’s official DApp browser, which can discover and evaluate on-chain applications.

Research institutions: @MessariCrypto, @Delphi_Digital, @Btieyecn, etc.

Data analysis and tool platform: BscScan, DefiLlama, DexScreener, Dune Analytics, TokenTerminal and other on-chain data analysis tools.

6. Future Outlook: The Next Wave of BNB Chain

BNB Chain is continuously building its ecological competitiveness with the dual drive of "technology + narrative". In terms of technology, its 2025 roadmap clearly puts forward the goal of "sub-second latency + gasless experience". At present, it has achieved the plan at the beginning of the year to reduce the block speed to 0.75S, and with high TPS, it provides DApp and users with a smoother on-chain interactive experience. In terms of ecology, the entry of institutional funds behind the USD1 stablecoin and the connection with global payment scenarios are accelerating BNB Chain's integration into mainstream finance. At the same time, the "AI-First" strategy embeds AI technology into the underlying logic of the public chain, and releases the potential of AI applications through supporting infrastructure such as opBNB and Greenfield. All these signals indicate that BNB Chain has laid out the next round of public chain explosion nodes in advance.

The so-called "wealth code" is not a permanent answer, but rather a probabilistic window of opportunity in a specific market cycle and ecological stage. The current wave of BNB Chain has undoubtedly created many such windows. Where will the tide flow? The answer to this question may be hidden in the next technological breakthrough and the next hit application of BNB Chain.