Author: Biteye Core Contributor Viee

Recent data from May shows that the BNB Chain has strong growth momentum in its ecosystem, with its DEX trading volume consistently ranking first among global public chains. The number of successful on-chain transactions surged by 122% month-on-month, while the monthly active users of stablecoins exceeded 15.3 million, achieving nearly 40% monthly growth. Meanwhile, the Meme coins within the BSC ecosystem have sparked a wave of price surges, with many popular tokens like Ghibli and BOB doubling or even more in daily gains, becoming the focus of the market. Behind this series of impressive data is a clear manifestation of a new round of wealth effect in the BNB Chain ecosystem. What popular projects in the BNB Chain ecosystem are attracting capital inflows? How can retail investors leverage the liquidity advantages created by USD1 and Binance Alpha to seize market opportunities? This article will delve into the wealth code of the BNB Chain and help you discover the next potential investment opportunities.

1. Decoding BNB Chain Hotspots: Data Surface and Deep "Wealth Code"

The recent explosion of the BNB Chain ecosystem highlights the importance of understanding the logic behind the data and the core driving forces of project popularity, which is key to capturing "Alpha."

1.1 Overview of Popular Projects on BNB Chain

The table below showcases popular projects in different categories within the BNB Chain ecosystem, along with several core characteristics:

First, among the recently active trading projects, we can see several mainstream narratives. The Meme sector's $B and $KOGE occupy high trading volumes, indicating that Meme remains an important entry point for traffic and funds in the current market phase. The AI sector's $SKYAI, $PORT3, and AI game $ELDE reflect that the potential of AI x Crypto is being actively priced by the market. Additionally, $SOPH representing ZK technology and $RWA representing real-world assets on-chain also hold a place, showcasing the diversification and forward-looking nature of the BNB Chain ecosystem narrative.

Secondly, the list of projects supported by the BNB Chain $100M fund (sorted by trading volume) reveals the foundation's preferences. Among these five high-volume projects, three ($AIOT, $SIREN, $CGPT) clearly belong to the AI field, covering popular directions such as AI combined with IoT/DePIN/gaming, AI Agents, and AI infrastructure. Many of the active trading projects mentioned earlier have also received support from the BNB Foundation, clearly signaling that the BNB Chain official is strongly backing AI sectors with long-term growth potential and technological innovation, expecting them to contribute considerable on-chain activity.

Finally, DeFi, as a traditional strength of the BNB Chain, remains solid. In the DEX field, PancakeSwap demonstrated its unshakeable leading position with a staggering monthly trading volume of 71.6 billion in May. The rise of platforms like MYX Finance, Aster, and KiloEx in the perpetual contract sector shows the competitiveness of the BNB Chain in the derivatives field, with considerable trading volumes as well.

In summary, these popular projects showcase a panorama of the BNB Chain ecosystem led by mainstream narratives, emerging sectors, and the foundation of DeFi, representing the hot directions chosen by the market with real capital. For users, how can they find opportunities among these popular projects?

1.2 Interpretation of the "Wealth Code" Behind Popular Projects

Strategy One: "Narrative + Liquidity" Dual Leaders. Consider looking for projects that can both align with the strongest current market narratives (such as Meme and AI) and connect to powerful liquidity solutions, as they often possess the potential for a "Davis Double Play." For example, focus on projects that have strong correlations with USD1 trading competitions, Binance Alpha, and other core liquidity sources.

Strategy Two: Value Analysis of AI Projects. The AI project categories on the BNB Chain are diverse, and conducting layered research can help determine their position in the value chain. Additionally, attention should be paid to their technological barriers, team backgrounds, partners, and actual implementation progress. We can illustrate with several popular projects:

• Infrastructure Layer: Projects like $SKYAI (data bridging) and $REX (modular AI Infra) provide foundational support for AI applications and are expected to benefit first when AI applications explode. Therefore, monitoring such projects may present opportunities for value reassessment as technology is gradually validated and ecosystems expand.
• Application Layer: Projects like $ELDE (AI games) and $CA (AI life engine) directly target users, with the main evaluation point being whether the project can create killer applications and sustainable business models.
• Data Layer: Projects like $PORT3 and $AGT are dedicated to building decentralized AI data networks, with data being the fuel for AI, making its value self-evident. Attention should be paid to their data acquisition, governance, and commercialization capabilities, as well as whether they can establish strong data network effects.

Strategy Three: "Official List" as Alpha Signal. The $100M fund support list from the BNB Chain can be viewed as a pool of projects filtered by the official. Although not all funded projects will skyrocket, it at least indicates the official recognition of these projects' narratives, technologies, teams, or sector prospects. Analyzing the reasons these projects received support can help determine what problems they solve and assess their long-term growth potential.

In conclusion, formulating reasonable strategies without being overly enamored with explosive growth while not missing out on long-term growth is essential. For short-term hotspots with strong speculative flavors, small positions can be used for quick entry and exit, taking profits when possible; for mid-term sectors that are promising, positions can be built in batches and tracked long-term, adjusting based on fundamental changes. It is advisable to diversify investments when laying out hotspots rather than concentrating bets on a single project to reduce potential risks.

2. BNB Chain Ecosystem Foundation and Activity Overview

Having understood the wealth narratives and Alpha opportunities emerging on the BNB Chain, we will now focus on the core data of the BNB Chain ecosystem, revealing the hard power behind its popularity. The table below summarizes the comparison of BNB Chain with other public chains on key indicators.

As shown in the figure, according to data from May 31, the total DEX trading volume across all chains in May reached $474.135 billion, with BNB Chain DEX achieving a trading volume of $178.228 billion in May, ranking first and setting a historical high; the largest DEX on BNB Chain reached a trading volume of $165.35 billion in the same month, also hitting a historical peak. This "discontinuous" lead proves that the BNB Chain has become one of the preferred platforms for on-chain user trading. The massive trading volume not only represents extremely high liquidity depth but also signifies more effective price discovery and richer trading opportunities, attracting continuous inflows from traders and market makers.

Trading volume relies on the user base, and the "7-day active address growth rate" is a key indicator for measuring user growth. BNB Chain significantly leads this metric with a growth rate of 7.25%, compared to Ethereum (4.86%), Solana (3.02%), and Tron (3.01%), showcasing its strong ecological appeal.

Another major factor for ecological activity is the competitive advantage in trading costs. Many mainstream DEX protocols on the BNB Chain offer trading fees as low as 0.01% for numerous trading pairs, making the trading costs on BNB Chain only a fraction of those on Ethereum for the same ordinary transaction. This is a significant advantage, especially in the high-frequency trading scenarios of Memecoins.

In addition to outstanding performance in basic on-chain data, BNB Chain has further solidified its ecological foundation through various developer incentive measures. Recently, the ongoing MVB (Most Valuable Builder) program by BNB Chain provides funding support, technical guidance, and ecological resource connections for new projects and development teams.

Based on the above comprehensive considerations, BNB Chain has significantly outpaced most mainstream public chains and possesses strong momentum for sustainable development, becoming one of the most active and promising public chains today.

3. Dual Engine Drive: USD1 and Binance Alpha Together Build BNB Chain's Growth Momentum

The recent strong market appeal of the BNB Chain is backed by solid foundations. The deep liquidity brought by the USD1 stablecoin and the efficient traffic channels built by Binance Alpha act as two core engines, jointly driving the current value narrative of the BNB Chain.

3.1 USD1: Building the Liquidity Foundation of BNB Chain

The rise of USD1 is of great significance for the BNB Chain, far exceeding that of an ordinary dollar-pegged stablecoin.

First, over 99% of USD1 is deployed on the BNB Chain. This stablecoin is issued by World Liberty Financial (WLFI) and is custodied by BitGo. Recently, the Abu Dhabi investment firm MGX 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 plays a crucial role, significantly reducing users' trading costs. This has made USD1 quickly become one of the favored stablecoins among on-chain users, especially high-frequency traders and Meme players, paving the way for its large-scale application.

The influence of USD1 is not limited to the Meme sector; it is expanding comprehensively. In mainstream DeFi protocols like PancakeSwap and Venus, the trading volumes of pairs such as USD1/USDT and USD1/BNB continue to rise. Additionally, USD1 has landed on Ethereum (ETH) and plans to connect with Tron (TRON). This cross-chain and cross-platform layout, through the transmission of liquidity, further feeds back into the ecological value of the BNB Chain.

3.2 Binance Alpha: CEX Empowered Traffic Amplifier

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

Platform data shows that over 70% of the projects launched in the Alpha zone are based on BNB Chain tokens. Binance has even introduced incentives such as "double points for trading BNB Chain project assets" to encourage exchange users to trade assets on the BNB Chain. This perfectly reflects the synergistic effect of the Binance ecosystem—successfully combining the traffic and brand advantages of CEX with the on-chain ecological advantages of BNB Chain, forming a powerful growth flywheel.

In summary, the USD1 stablecoin, with its strong capital background, has built the liquidity foundation and institutional narrative for the BNB Chain; while the Binance Alpha platform continuously supplies user traffic and market heat to the BNB Chain. One solidifies the value anchor on-chain, while the other attracts users and liquidity off-chain, both collaboratively driving the wealth narrative of the BNB Chain.

4. Main Paths for Retail Investors to Participate in BNB Chain

"Point Accumulation" and Early Interaction: The Binance Alpha platform guides users to engage in early interactions with new projects on the BNB Chain through tasks and incentives. Actively participating in these activities provides opportunities for early airdrop benefits.

Alpha Earn Hub Liquidity Mining: Recently, the opening of the Binance Alpha Earn Hub has provided users with a direct path for value appreciation. By providing liquidity for selected Binance Alpha tokens on PancakeSwap V3, users have the chance to earn up to 1000% annualized returns (APR), making it an excellent window for capturing early high-yield opportunities (be cautious of impermanent loss and token depreciation risks when participating).

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

Meme Coin Hotspot Tracking: Utilize tools like Four.meme, DexScreener, and DEXTools to track popular Meme trading pairs on the BNB Chain in real-time, focusing on those with unique cultures, strong communities, or those that can ride the wave of hot narratives. However, be aware that Meme coins are highly volatile and carry significant risks. If participating, treat it with small amounts and a "zero" mindset, entering and exiting quickly while strictly taking profits and cutting losses.

Deepen Engagement with DeFi Protocols: Provide liquidity, engage in lending, or stake BNB in DeFi protocols like PancakeSwap, Venus, and Lista DAO to obtain relatively stable returns.

5. Information Channels Worth Noting for BNB Chain

Official Core Channels:

• Twitter: @BNBCHAIN (the first choice for official announcements, ecosystem updates, and event information), @BNBCHAINZH, @fourmeme (BNB Chain token issuance platform), @BNBChainDevs (technical and developer dynamics)
• BNB Chain Blog: The official blog, often featuring in-depth articles, technical interpretations, and roadmap updates.
• DappBay: The official DApp browser for BNB Chain, where you can discover and evaluate on-chain applications.

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

Data Analysis and Tool Platforms: 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 through a dual drive of "technology + narrative." On the technical side, its 2025 roadmap clearly sets the goal of "sub-second latency + Gasless experience," having already achieved the plan to reduce block speed to 0.75 seconds at the beginning of the year, combined with high TPS, providing a smoother on-chain interaction experience for DApps and users. On the ecological side, the entry of institutional funds behind the USD1 stablecoin and its integration with global payment scenarios are accelerating the BNB Chain's fusion with mainstream finance. At the same time, the "AI-First" strategy embeds AI technology into the underlying logic of the public chain, releasing the potential of AI applications through supporting infrastructures like opBNB and Greenfield. Various signals indicate that BNB Chain has already laid out for the next round of public chain explosion points.

The so-called "wealth code" is not a one-time answer; it is more like a probabilistic opportunity window in specific market cycles and ecological stages. The current wave of enthusiasm for the BNB Chain has undoubtedly created many such windows. Where will the tide flow next? The answer to this question may lie in the next technological breakthrough of the BNB Chain or the next blockbuster application.