what's binance smart chain?
Binance Smart Chain (BSC), also known as BNB Chain, is a blockchain platform launched in September 2020 that enables smart contract functionality and decentralized application development. The platform processes over 15.6 million daily transactions and supports the BEP-20 token standard. BSC features low-cost transactions with gas fees reduced to $0.005 per transaction, offering fast and efficient blockchain operations. The network generated revenue of $70.8 million in Q1 2025, representing a 58.1% quarter-over-quarter increase. BSC supports cross-chain interoperability with major blockchains including Ethereum, Polkadot, and Solana through various bridge protocols. The platform serves as infrastructure for DeFi protocols, NFT projects, meme tokens, and payment gateways. Recent updates include climbing BNB staking APYs, ongoing smart chain upgrades, and expanded cross-chain liquidity. BSC features a 24/7 smart alert mechanism for transaction monitoring and security. The ecosystem has attracted numerous projects migrating from other chains, particularly from Solana, citing BSC's lower fees and network stability. The platform utilizes automated liquidity systems and supports various development tools including Node.js and GraphQL integrations for building decentralized applications.
BNB Chain launches a Binance Wallet XP campaign, adds 8004_scan and BNB registry support.
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Bybit lists ROBO token with deposit support via Binance Smart Chain, Ethereum, and Base networks on February 27, 2026.
Venus Protocol went live on BSC on February 26th, 2026.
Holds near $590 on February 25, 2026.
MOZAI USDC Agent deployed and is now live on BNB Smart Chain.
Integrated with Stargate Finance to enable cross-chain bridging of FT token between BNB Smart Chain, Sonic, Ethereum, Avalanche, and Base networks.
Zach joined BSC a few months ago (circa November 2025).
Reached 750 million unique wallets on the network.
Five Smart Money wallets accumulated MGC token on BNB Chain during the week of February 16-23, 2026, with 99.98% of holdings retained, and two whale wallets accumulated with 100% retention, with the top Smart Money holder showing $17.94M total profit.
Reached nearly $26M in TVL, representing a new all-time high.
Achieved over $1 billion in cumulative trading volume.
Approaching 100,000 total users on the network.
Partners with Predict for a raffle campaign offering $11,000 USDT in prizes to users who sign up and make a $5+ trade.
Supports DeFi risk analysis via x402-wach SDK across multiple chains including BSC
Processed more than 140,000 transactions through OCash, a privacy protocol using ZK proofs for shielded transactions.
Supports deposits and withdrawals for RHEA token via the BSC network on BinanceUS exchange, with trading available on the RHEA/USDT pair.
Reached over $2 billion in Real World Assets (RWAs) on the chain in Q4 2025.
Generated $62M in revenue during January 2026.
Enabled NIGHT token deposits on Bybit exchange via BNB Smart Chain network, with withdrawals pending liquidity requirements.
Has an event scheduled at Consensus Hong Kong conference.
A user lost $118,785 in BUSD on BSC on February 10, 2026 after signing a malicious "increaseAllowance" transaction.
Hosts ChimpxAI IDO on February 12, 2026 at 11 AM UTC with $150,000 allocation, fundraising and distribution occurring on BSC.
Deployed contracts on Binance Smart Chain, Ethereum, Sonic, Avalanche, and Base.
rolls out agentic trading with an MCP server featuring 74 tools to optimize agent trading
Supports ERC-8004 standard for AI agents on BNB Chain via BSC8004 initiative; included for ERC-8004 agents NFT distribution via Milady app with 2,138 NFTs per chain, alongside ETH, Base, and Solana.
Operates treasury-funded developer support program for app and token launches on BNB Chain.
Binance Wallet extension offers a check-in campaign on BNB Chain where users can earn XP rewards (300 XP per daily check-in, 200,000 XP bonus for 5 consecutive days, and an additional 50,000 XP for new users) by connecting with at least $10 or 0.01 BNB.
Received support from 8004_scan alongside Ethereum, Polygon, Base, and Monad mainnets.
Added support for BNB registry
Achieved peak TPS of 525 over 1-minute intervals during a market meltdown stress test on January 31, 2026.
KIN token (contract 0xcc1b8207853662c5cfabfb028806ec06ea1f6ac6) is live on Binance Alpha.
Converting the SAFU fund's approximately $1 billion stablecoin reserves into BTC, with the process completing within 30 days from 2026-01-30.
Achieved Proof of Reserves totaling $162.8 billion across 45 crypto assets.
Listed 18 projects on BSC among 21 public blockchains covered in spot listings during 2025, with BSC ranking second after ETH (32 projects) and ahead of SOL (9 projects).
Transactions increased by 3% week-over-week and TVL increased by 1.1% week-over-week.
FairFlow launched boosted liquidity pools on BNB Chain for ETH–BNB and ETH–BTCB pairs, offering APR up to 100%.
Integrated with Chainflip for cross-chain BNB swaps.
ELSA AI crypto agent integrates with BSC to enable voice and text-based trading commands across multiple chains including BSC, with launch scheduled for 2026-01-20.
Contract upgrades scheduled for January 16, 2026, with subscription and redemption operations paused for approximately 3 hours during the upgrade process.
DUSD stablecoin from StandX is live on Binance Smart Chain and Solana, enabling yield-bearing stablecoin trading on their DEX platform.
Demonstrates steadier stablecoin flows compared to competing chains during the week ending January 13, 2026.
Included in CyberHornet's S&P Crypto 10 ETF filing (symbol CTX) with a 4.75% allocation weight, alongside Bitcoin, Ethereum, and seven other crypto assets.
Included as one of six supported networks in Glyph Wallet's cross-network swap feature alongside ApeChain, Ethereum, Arbitrum, Base, and HyperLiquid.
Distributed over $300,000 in yields to 1,229 BTC+ subscribers during the BNB Chain DeFi Festival campaign.
Achieved higher 24-hour network fees than Solana, overtaking it in this metric as of January 12, 2026.
Experienced the highest rise in discussion this weekend on social media platforms including X, Reddit, and Telegram, with trending keyword 'BSC' related to active trading and interest in new crypto tokens or projects on the platform.
Grayscale has registered for a BNB ETF.
Integrated with Superform protocol as one of the supported chains in their ecosystem.
Ondo Global Markets makes over 90 tokenized stocks and ETFs available on BNB Chain.
Completed the first opBNB hardfork in 2026.
Scheduled Fermi hardfork to reduce block time to 0.45 seconds on 2026-01-17.
Circle's USYC TMMF is now listed on BNB Chain.
APE token expanded to Binance Smart Chain during Q4 2025.
Processed 5.6 billion transactions in 2025 with an average fee of $0.265.
A hacker attempts to launder funds via the BROCCOLI memecoin on the network.
Processed over $621 million in bridge volume via Mayan Finance during 2025.
Parallel Execution went live on BNB Chain during 2025.
BNB reached a price of $1,370 during 2025.
Reached all-time high price level in 2025.
Mentioned as the blockchain where SUPERFORTUNE888, a top AI app incubated by Manta Network, operates.
Celer Network's cBridge extended its 0 Fee Carnival promotion for bridging USDC to BNB Chain until January 31, 2026, offering no gas fees and FDUSD rebates.
Recorded $21.93 million in losses from blockchain security incidents during 2025.
Listed among top chains for Safe wallet usage in 2025, alongside Base, Gnosis, Polygon, Arbitrum, and Ethereum.
Reached over $90 million in yield-bearing collateral brought via cross-chain PTs (Principal Tokens).
Reached $10,120,554 in TVL within 7 days of launch on BNB Chain.
Launched Binance Smart Chain in September 2020 when Ethereum fees were high
Kalshi integrated BNB and USDT deposits and withdrawals on BSC.
Supports the Ultiverse tower defense game deployment, enabling dual-chain gameplay alongside Polygon.
Announced plans to launch a new stablecoin.
Hosts an AMA with CZ scheduled for December 18, 2025 at 16:30 UTC+4.
Last week BNB Chain ranked #1 in inflows on Jumper platform, recording largest swaps of $3.07M and $2.12M USDC to USDT, and ranks as top-3 swap destination overall.
PancakeSwap incubates 0xProbable, a zero-fee prediction market launching on BNB Chain.
KYO Finance goes live on Stargate, enabling cross-chain movement of KYO tokens between BNB Chain, Ethereum, and Soneium with 1:1 rate and zero slippage via LayerZero technology.
Predict.fun prediction market launches on BNB Chain, and CZ highlights RWA liquidity challenges at BNB Chain Demo Day.
BNB Chain ranks among the top 3 leading chains by market cap for tokenized U.S. Treasuries, alongside Ethereum and Solana.
Aster_DEX S3 Airdrop claim launches today on BSC, while Pendle v2 introduces new Bedrock uniBTC pools on BSC with February 26 maturity date.
BNB Chain ranks 5th among blockchain ecosystems by mindshare in 2025 with 9.05%, trailing Solana (26.79%), Base (13.94%), Ethereum (13.43%), and Sui (11.77%).
Venus Protocol records $1.564B TVL and $720.61M borrowed on BNB Chain as the primary lending marketplace, while moving toward RWA and crypto-bank visions.
Sandwich attacks with disguised transactions are occurring on BSC.
Solana ranks #1 in annual revenue at $657M, ahead of Binance Chain, Ethereum, and Tron.
BNB Chain hackathon produces another x402 solution as the x402 ecosystem continues to expand on the network.
BNB records +24% yearly returns, outperforming all major cryptocurrencies including Bitcoin (-9.99%), Ethereum (-20%), and Solana (-41%).
BNB Chain reports 2.4 million daily active users.
BNB Chain ranks second with $120B market cap among major blockchain ecosystems, behind Ethereum ($371B) and ahead of Solana ($73B) in a top 7 future chains assessment.
BSC ranks third in 24h DEX volume with $1.781B, behind Solana ($4.048B) and Ethereum ($1.916B).
SPACE ID helps projects secure ICANN gTLDs for the 2026 application window, bridging Web3 domains including .bnb with traditional DNS infrastructure to operate in both ecosystems.
Confidential Layer privacy bridge adds Bitcoin(.)com wallet integration bringing tens of millions of users one-click privacy solutions for BNB Chain and partners with FUSD stablecoin as main bridge to ETH, with total volume reaching $27M.
BinanceUS lists CAKE token with CAKE/USDT trading pair and BSC network support. PENGU becomes tradable on BNB Chain.
Two privacy bridges launch BSC integration: Beldex enables private cross-chain transfers and Confidential Layer connects BNB to privacy chains with $24M volume.
On-Chain Trade & Win Competition on Binance Wallet has 3 days left for registration with 100 BNB reward pool for trading on BSC and SOL.
Quantstamp joins BNB Chain Kickstart Program as official Service Provider, offering projects in the program 15% discount on security audit services.
Chain revenues fell to $200M in November with BSC taking the heaviest hit after October's surge, while PancakeSwap app revenues dropped to a fraction of its October run rate.
Weekly DEX volume on PancakeSwap down 80% from the highs.
CommunityofBNB creates a volume bot designed for DeFi projects on BNB Chain.
satUSD+ launches on Equilibria protocol with boosted APY above base rate and 5x River Points incentives for deposits using satUSD+, satUSD, or Pendle LP/PT tokens.
CZ identifies agent payment as the promising direction for agents, with plans to push x402 to the chain being discussed.
$500M of BlackRock's BUIDL tokenized fund is now on BNB Chain.
Acurast, a DePIN compute network with 158K phones and 524M transactions, announces new integration with BNB Chain alongside Ethereum, Base, and peaq.
A BNB Chain hackathon is underway with Day 1 concluded and developers continuing to build.
Multiple whales increase holdings in BSC and Binance-related projects, reflecting accumulation activity despite mixed liquidity and moderate holder scores.
BNB Chain leads all blockchains in active addresses.