BNB Chain Maintains 10% Value Despite Altcoin Slump

BNB Chain has emerged as one of the most resilient altcoins in the current bull market, demonstrating relative strength and stability compared to other cryptocurrencies. Despite the underwhelming performance of many altcoins in the 2023-2026 cycle, BNB Chain has managed to maintain its value, trading only 10% lower than its previous cycle’s all-time high. This resilience is backed by a well-developed ecosystem and a rising role in decentralized finance (DeFi).

BNB Chain’s ecosystem is robust, consistently ranking third in daily transactions, active addresses, and total value locked (TVL), while leading in the number of decentralized applications (DApps). This strong activity contributes to the altcoin’s value and helps maintain its relative price stability. The blockchain specializes in gaming, DeFi, launchpads, and other large-scale consumer DApps, and has recently expanded into the memecoins sector, attracting some of Solana’s volume. Additionally, BNB’s role as the key altcoin on the leading centralized exchange further boosts its prominence.

However, BNB Chain’s revenue remains its weakest point compared to competitors. In 2024, Ethereum led the pack with $2.5 billion in fees, followed by Tron ($2.1 billion), Bitcoin ($923 million), and Solana ($751 million). BNB Chain closed the top 5 with $194 million. In 2025, the revenue rankings shifted, but BNB Chain remained in fifth place. Despite this, BNB Chain’s dominance in the DApp space could become its biggest strength if the promise of Web3 is realized and adoption accelerates.

BNB Chain’s low dilution risk is another monetary advantage. According to Messari’s Market Cap/Fully Diluted Valuation (FDV) ratio, 96.51% of BNB’s supply is already in circulation, indicating a relatively low risk of future token inflation. This is in line with Ethereum (99.93%) and TRX (99.96%), while Solana (86.33%) and especially XRP (58.33%) could face significant future dilution.

While BNB’s price performance has been relatively strong, it alone doesn’t entirely justify its reputation for resilience. Fundamentals offer deeper insight into BNB Chain’s value. The blockchain’s robust activity metrics, including daily transactions, active addresses, and the number of DApps, contribute to maintaining relative price stability within the sector. Additionally, BNB Chain’s role in DeFi and its low dilution risk further support its position as one of the most resilient altcoins in the current bull market.