Messari releases BNBChain 2024Q4 report: BNB market value increased by 114%, and the stablecoin market value remained third at US$6.84 billion
Odaily News Messari today released the BNBChain 2024 fourth quarter report, which covers the ecological expansion and the growth of various indicators. Among them, the market value of BNB reached US$101.09 billion at the end of Q4, a year-on-year increase of 114% compared to the beginning of the year.
BNBChain's DeFi ecosystem grew by 53% annually and 10% in the fourth quarter, with a TVL of $5.35 billion. ListaDao performed well, with a TVL growth of 174%. BNBChain's average daily trading volume on DEX in the fourth quarter increased by 122% quarter-on-quarter to $1.29 billion. The average daily trading volume on DEX increased by 269% throughout the year.
The stablecoin market has also grown steadily. BNBChain remains the world's third largest stablecoin ecosystem (after Ethereum and TRON), with a total stablecoin market value of $6.84 billion in the fourth quarter. In addition, in the BTCFi field, the number of holders increased by 5% month-on-month, exceeding 1 million users, among which Solv and Lorenzo performed relatively well.
In terms of technology, 96% of blocks at the end of the year have used BuilderAPI, improving block speed and MEV transparency. The number of active validators increased from 40 to 45, promoting the further decentralization of BNBChain.
