Workflow
CMC Fear and Greed Index
icon
Search documents
BNB Chain News: Uptober Kicks Off as Gas Drops and RWA Arrives
Yahoo Financeยท 2025-10-01 15:12
Core Insights - The crypto market is experiencing a positive trend, with Bitcoin nearing $117,000 and altcoins showing renewed activity, despite the recent U.S. Government shutdown [1] - The BNB Chain sector has demonstrated resilience, with a market capitalization increase of 0.7% week-on-week and 11.8% month-on-month, approaching its all-time high [2] BNB Chain Market Performance - The BNB Chain ecosystem remains stable amidst broader market volatility, being one of the few altcoin sectors to show positive growth [2] - BNB's strength has supported the market, even as most BEP-20 tokens faced declines, with some smaller tokens achieving gains over 25% [3][4] On-Chain Metrics - BNB Chain has surpassed Solana in daily active addresses and has seen a significant increase in on-chain revenue, primarily driven by the success of Aster (ASTER) [5] - However, there has been a decline in transaction volumes and decentralized exchange (DEX) activity [6] Recent Developments - BNB Chain has implemented a new minimum gas fee of 0.05 gwei and reduced block intervals to approximately 450ms, enhancing transaction efficiency and user experience [7] - Binance has continued its airdrop initiatives, recently adding OpenEden ($EDEN) for BNB stakers and subscribers [8]