YZi Labs, the investment firm founded by Binance's former CEO Changpeng Zhao (CZ), has released a detailed analysis report focusing on the BNB token.
The report, titled "BNB: The Core Force Behind the Global Web3 Economy," asserts that BNB has established itself as a fundamental pillar supporting the global Web3 infrastructure.
YZi Labs posits that BNB, also known as "Build N Build," functions not only as the native token for BNB Chain but also as the primary transaction engine for the broader "Global Web3 Economy." The analysis suggests that BNB offers a more efficient transaction layer when compared to Ethereum's decentralized finance (DeFi) infrastructure and Bitcoin's role as a store of value.
Furthermore, the report highlights BNB's distinct advantages, including its deflationary characteristics and decentralized on-chain ownership structure. Approximately 67% of BNB is publicly held, 27% has been burned, and CZ's personal share is less than 1%. This distribution, according to the report, effectively mitigates centralized risks and enhances institutional confidence.
Data from Dune and Nansen indicates that the BNB Chain ecosystem currently leads in several key metrics:
- •Highest trading volume among decentralized exchanges (DEX).
- •The largest number of active users.
- •The network with the most active stablecoin wallets.
The BNB ecosystem spans a diverse array of sectors, including DeFi, artificial intelligence, meme tokens, real-world assets (RWA), and various consumer applications. BNB serves as a single point of access to these domains, enabling investors to participate seamlessly in on-chain growth opportunities.
The YZi Labs report also points to BNB's historical performance, suggesting it has outperformed ETH, BTC, and SOL in past market cycles, demonstrating an average annual price increase of up to 113%.
Historically, BNB has had a limited presence in the US market. However, the report notes that this situation is beginning to change, citing BNB's recent listings on prominent platforms such as Robinhood and Coinbase, as well as applications for ETF/DAT, as indicators of this evolving landscape.
YZi Labs further commented on CZ's amnesty decision, characterizing it as a positive development for BNB. The firm believes this period presents a unique opportunity that will significantly accelerate BNB's adoption across North America and globally.