Messari: BNB's market value reached $118.9 billion by the end of the year, with a 30% quarter-over-quarter increase in average daily trading volume in Q4

Messari released the BNB Chain Q4 2025 report, stating that the year-end market capitalization of BNB reached $118.9 billion, a year-on-year increase of 17.8%, making it the third largest cryptocurrency asset; the average daily trading volume in Q4 increased by 30.4% to 17.3 million transactions, and the number of active addresses rose to 2.6 million.

RWA has become the main growth engine, with an on-chain scale of $2 billion, a quarter-on-quarter increase of 228% and a year-on-year increase of 555%, second only to Ethereum; the market capitalization of stablecoins increased by 9.2% to $15.2 billion, and the DeFi TVL was $6.6 billion, with PancakeSwap accounting for 33.5%.