BNB Chain offers $500K+ in prizes for hackathon sponsor challenges with AI and DeFi themes.

BNB Chain offers $500K+ in prizes for hackathon sponsor challenges with AI and DeFi themes.

BNB Chain has announced a hackathon with substantial prizes for participants focusing on AI and DeFi themes. The event, set to run from July 1, 2025, to August 31, 2025, offers a total prize pool of over $500,000 [1]. This initiative underscores BNB Chain's commitment to fostering innovation and growth within its ecosystem.

The hackathon aims to encourage developers to create solutions that leverage AI and DeFi technologies. Participants are invited to build projects that address real-world problems using BNB Chain's capabilities. The judging criteria include innovation, usability, and the potential impact of the proposed solutions.

BNB Chain's growing influence in the crypto market is evident from its recent success in capturing a significant share of USDT transfer volume. According to Glassnode data, BNB Chain has overtaken Ethereum since May 2025, capturing 30% of USDT volume compared to Ethereum's 27% [1]. This shift highlights the increasing adoption of BNB Chain and its growing role in the blockchain ecosystem.

The hackathon aligns with BNB Chain's strategic goals to expand its user base and encourage the development of new applications. With a strong focus on AI and DeFi, the event aims to attract top talent and foster collaboration among developers. The substantial prize pool is designed to incentivize participation and drive innovation within the BNB Chain community.

In addition to the hackathon, BNB Chain has been making strides in other areas. According to Coinotag, BNB Chain ranks second in active addresses among public chains, with over 9.76 million active addresses in the past 7 days [2]. This high level of activity reflects the growing user engagement and the robust ecosystem that BNB Chain has built.

The hackathon is a significant step for BNB Chain, as it aims to position itself as a leader in AI and DeFi technologies. By offering substantial prizes and fostering innovation, BNB Chain is setting a new standard for blockchain events. As the crypto market continues to evolve, events like this hackathon will play a crucial role in shaping the future of blockchain technology.

References:

[1] https://coinedition.com/usdt-transfer-volume-hits-52-9b-as-bnb-chain-overtakes-ethereum-since-may/
[2] https://en.coinotag.com/breakingnews/solana-leads-with-22-24-million-active-addresses-among-top-public-chains-says-nansen-data/