Messari: BNB's Year-End Market Cap Reaches $118.9 Billion, Q4 Average Daily Transaction Volume Increases 30% MoM

Odaily News Messari released its Q4 2025 report on BNB Chain, stating that BNB's year-end market capitalization reached $118.9 billion, a 17.8% year-on-year increase, ranking it as the third-largest crypto asset. The average daily transaction volume in Q4 increased by 30.4% month-on-month to 17.3 million, with daily active addresses rising to 2.6 million. RWA became the primary growth driver, with its on-chain scale reaching $2 billion, a 228% increase month-on-month and a 555% increase year-on-year, second only to Ethereum. The stablecoin market cap increased by 9.2% month-on-month to $15.2 billion, while DeFi TVL stood at $6.6 billion, with PancakeSwap accounting for 33.5% of it.