BNB鏈重新獲得其魔力，因為機構和Defi活動在2025年返回

經過2023年緩慢的bnb鏈，Binance隸屬於二層1區塊鏈，顯示出清晰的恢復跡象

BNB Chain, the Binance-affiliated layer-1 blockchain, is showing clear signs of recovery in 2025 after a sluggish 2023.

BNB鍊是二元相關的層1區塊鏈，在2023年緩慢的2023年，在2025年顯示出清晰的恢復跡象。

With multibillion-dollar inflows into DeFi protocols, surging trading volumes on Binance, and a broader narrative shift toward real-world use cases and institutional-grade products, BNB Chain’s ecosystem is heating up once again.

BNB Chain的生態系統再次逐漸升溫，隨著數十億美元流入Defi協議，對二手持續的交易量以及更廣泛的敘事轉變。

DeFi Llama data shows that year-to-date, total value locked on BNB Chain has surged from $3.5 billion in early 2024 to over $6 billion as of May 7, 2025. While still a shadow of its all-time high of over $20 billion in 2022, the upward momentum is noteworthy.

Defi Llama的數據顯示，BNB連鎖店鎖定的年度總價值從2024年初的35億美元增加到截至2025年5月7日以上的60億美元。雖然其2022年有史以來高度超過200億美元的陰影，但增強動量並不值得。

The bulk of the DeFi activity is concentrated in PancakeSwap, the largest DEX on BNB Chain, which alone accounts for about $1.5 billion in TVL. This underscores the blockchain’s strength in core DeFi sectors such as DEXs, lending, and liquid staking.

大部分Defi活動集中在BNB鏈上最大的DEX Pancakeswap中，僅TVL就佔15億美元。這強調了區塊鏈在核心偏側部門（例如DEX，貸款和液體均值）中的強度。

“We note that BNB Chain remains a more concentrated, old-fashioned smart contract platform compared to rivals like Ethereum and Solana. But this structure provides a degree of stability, which may be appealing in volatile macroeconomic conditions,” Standard Chartered stated in a May research note.

“我們注意到，與以太坊和索拉納這樣的競爭對手相比，BNB連鎖店仍然是一個更加集中，老式的智能合同平台。但是，這種結構提供了一定程度的穩定性，在揮發性的宏觀經濟條件下可能具有吸引力，”標準憲章在5月的研究報告中指出。

Moreover, BNB Chain is benefitting from its close ties to Binance, which Standard Chartered reports saw a record-breaking $76 trillion in trading volume in 2024 and now handles roughly 40% of global spot crypto trading.

此外，BNB連鎖店從與Binance的緊密聯繫中受益，標準特許的報告在2024年創下了創紀錄的76萬億美元交易量，現在處理了全球現貨加密貨幣交易的約40％。

This strong CEX backbone has given BNB Chain an edge in sustaining and scaling its infrastructure.

這種強大的CEX骨架使BNB鏈在維持和擴展其基礎架構方面具有優勢。

In a major development, VanEck filed for the first U.S.-based BNB ETF on May 5, aiming to capitalize on the growing institutional demand for Binance-linked assets. If approved, it could be a watershed moment for BNB’s presence in traditional markets.

在一項重大發展中，Vaneck於5月5日申請了美國第一個總部位於美國的BNB ETF，旨在利用不斷增長的與二手鍊接資產的機構需求。如果獲得批准，這可能是BNB在傳統市場中的存在的流域。

Additionally, the Trump-endorsed USD1 stablecoin — issued primarily on BNB Chain — now boasts over $2 billion in circulation, with 99% of supply hosted on the network, according to BscScan. This adds another layer of real-world utility and visibility to the ecosystem.

此外，根據BSCSCAN的數據，該公司主要是在BNB連鎖店發行的USD1 Stablecoin，現在擁有超過20億美元的發行量，其中99％的供應量在網絡上託管。這為生態系統增加了另一層現實世界的效用和可見性。

As BNB price firm around the $600 level, some analysts are predicting continued upward momentum. Standard Chartered forecasts BNB could hit $2,775 by 2028.

隨著BNB價格公司約600美元的水平，一些分析師預計持續的勢頭。 BNB的標準特許預測可能會在2028年達到2,775美元。

“The strong narrative around BNB Chain is likely to continue, especially as more institutions are discovering the potential of blockchain technology, leading them to invest in related assets,” the bank stated.

該銀行說：“ BNB連鎖店周圍的強烈敘述很可能會繼續下去，尤其是隨著越來越多的機構發現區塊鏈技術的潛力，導致他們投資於相關資產。”

In an April post, Joao Wedson, CEO of Alphractal, pointed out that “BNB’s price resilience reflects not just speculation, but also the extensive real-world utility across the Binance ecosystem.”

Alphractal的首席執行官Joao Wedson在4月份的帖子中指出：“ BNB的價格彈性不僅反映了猜測，還反映了整個Binance生態系統中廣泛的現實世界實用程序。”

Ultimately, BNB Chain’s comeback in 2025 showcases the growing synergy between institutional capital, DeFi innovation, and centralized infrastructure.

最終，BNB Chain在2025年的複出展示了機構資本，Defi Innovation和集中基礎設施之間日益增長的協同作用。

While it faces challenges like a more limited set of use cases compared to newer L1s, its stability, growing adoption, and real-world integrations have firmly re-established it as a key player in the evolving blockchain economy.

儘管與更新的L1相比，它面臨著更有限的用例，但它的穩定性，不斷增長的採用和現實世界一體化已牢固地將其重新確立為不斷發展的區塊鏈經濟中的關鍵參與者。