BNB Chain Daily Trading Volume Surges to $3.22 Billion, Hitting 3-Month High

Crypto analyst Eljaboom highlighted this increase, noting that the BNB decentralized finance (DeFi) ecosystem is gaining momentum.

The daily trading volume on decentralized exchanges (DEX) of BNB Chain soared to $3.22 billion on May 14, 2025, reaching its highest level in three months.

This surge in activity was highlighted by crypto analyst Eljaboom, who mentioned that the BNB decentralized finance (DeFi) ecosystem is heating up. This may indicate that the Binance Coin price could also surge soon.

According to data from DeFiLlama, the Total Value Locked (TVL) on BNB Chain exceeded $6.22 billion during this time.

Daily inflows amounted to $13.62 million, and the chain boasted 1.5 million active addresses.

What’s Fueling BNB Chain DEX Volume Explosion?

The recent spike in activity is driven by a combination of new DeFi protocols launching on BNB Chain and growing interest in low-fee, high-throughput alternatives to Ethereum.

In addition to daily DEX volumes surging to $3.22 billion, daily chain fees approached $452,000, suggesting significant on-chain usage.

"Chain revenue also went over $45k in the past 24 hours, while app revenue reached $1.1M. This signifies lively developer activity and user interaction within the ecosystem. With BNB Chain making headlines again, many are calling this the start of a new "BNB season", as highlighted by Eljaboom's viral tweet," the analysis stated.

The Binance Coin price has remained relatively stable despite the hype around BNB Chain’s ecosystem activity. As of the time of writing on May 15, the BNB price is trading at $644.72, down just 0.74% on the day, according to TradingView.

However, the broader trend still looks positive. Over the past week, BNB has climbed 7.46%. On a monthly timeframe, the gains expand to 10.81%, with a 6-month increase of 4.57%. Year-to-date performance is still slightly negative at -7.78%, but the 1-year gain stands at an impressive 14.21%.

Even amid a massive spike in network activity, this price stability could signal an incoming breakout once the market fully digests the network usage data.

Therefore, with technicals leaning bullish and on-chain data confirming a vibrant and expanding ecosystem, the next key resistance lies around $660–$675.

A strong break above this range could open the door for a retest of the $700 psychological level—a number traders have been watching closely since BNB’s multi-month consolidation phase began.

If the usage rally continues and DEX volume sustains its upward trend, analysts believe a breakout past $700 could push BNB to $750 or even $800 in Q2 2025. Conversely, if network activity cools down or broader market sentiment shifts, support is expected around $610–$625.