BNB Price Alert: On-Chain Activity Skyrockets 300% Amid Dip – Can Binance Coin Outperform Solana?
Binance Coin (BNB) is flashing bullish signals despite its recent price slump. On-chain activity has tripled—a classic 'buy when there's blood in the streets' scenario. Or just another crypto casino heating up?
Why the surge? Traders are piling into BNB's ecosystem as Ethereum gas fees hit ludicrous levels again. Meanwhile, Solana's network outages have left degens glancing nervously at alternatives.
The real question: Is this organic growth or just Binance's market-making bots working overtime? Either way, the charts don't lie—when volume precedes price, big moves follow. Just ask the 'stablecoin yields are totally sustainable' crowd from last cycle.
Binance Coin Price Prediction: On-Chain Activity Triples as Price Dips – Is BNB the Next Solana?
Posting on X, trader Axel Bitblaze observed that BNB has seen a significant spike in activity in recent weeks, including an impressive tripling of daily transactions, to 20 million.
This is in addition to a doubling of monthly active addresses and a 400% increase in DEX volume, as well as recent updates that have made BNB Chain faster and more efficient.
Damn $BNB silently went into price discovery mode and nobody is talking about it yet. let me walk you through on whats really going on:
On the @binance exchange side, $BNB gives you trading fee discounts, staking yield, free airdrops via Launchpool all the stuff that keeps… pic.twitter.com/g3YunCzibt
Indeed, if we look at the BNB transaction data ourselves, we find that a big jump happened around May 3, when daily transactions stood at only 4.5 million.
Since then, it has more than tripled, with BscScan suggesting that there was a peak of 17.6 million on June 20, and that today’s figure is 13 million.
As such, volumes are consistently higher than they had been for the three and half years since late 2021 (save for a massive spike to 32.6 million in December 2023).
This suggests that BNB Chain is steadily becoming a big fixture in crypto, with DefiLlama data indicating that it has a TVL of $6.7 billion, putting it third behind Solana (2nd) and ethereum (1st).
And this growth is reflected in Binance Coin’s price chart, which continues to display very strong momentum.
In fact, BNB’s momentum has been so strong recently that it’s possible it may suffer a correction in the NEAR term, with its RSI (yellow) falling from an overbought 90 today.
Its MACD (orange, blue) has also peaked in the past day or so, and could be on its way down, with the Binance Coin price.
However, because BNB’s fundamentals remain strong, the alt could return to $800 in the next couple of weeks, before reaching $900 in Q4.
Best Wallet Raises Over $14 Million for Native Token: Best New Altcoin for Fundamentals?
While BNB looks like it could grow from strength to strength, it isn’t the only altcoin that could outperform the market in the second half of the year.
There are also several interesting presale coins available right now, with one of the strongest being Best Wallet Token (BEST), the native coin of the popular Best Wallet app.
The presale for BEST opened a few months ago, and now it has raised in excess of $14.1 million, making it one of the biggest sales of 2025.
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In contrast to most presale coins, BEST will launch with a strong use case, given that it will be the native token of Best Wallet, which currently boasts over 250,000 active monthly users.
And as the wallet’s native token, it will provide numerous benefits to holders, including discounts on fees, governance rights and early access to new tokens and projects.
Holders will also be able to stake the token, giving themselves a regular income, on top of any price gains.
Given that BEST’s presale has already raised so much, its future prospects look very good indeed, with newcomers able to join its presale by going to the Best Wallet Token website.
BEST is currently selling for $0.025385, although this will rise again in just under two days.
