Network Activity, Institutional Accumulation, and Meme Season Fuel Momentum
According to Lookonchain, BSC leads all blockchain networks in 24‑hour DEX volume, with $6.05 billion, and in chain fees, with $5.57 million. It also maintains $9.13 billion in DeFi TVL and 2.54 million active addresses, cementing its top position in on‑chain liquidity and activity.
CEA Industries recently increased its BNB holdings by 14.6 % to 480,000 tokens, signalling strong institutional confidence. The firm’s accumulation of 91,112 BNB in one month underscores growing interest from corporate entities.
Adding to the enthusiasm, Binance founder Changpeng Zhao declared “BNB meme season” as community‑driven tokens surge in popularity. This cultural momentum coincides with BNB reaching an all‑time high of $1,336 on October 7, overtaking XRP and Tether’s USDT in market capitalisation.
Together, rising trading volumes, institutional participation, and community engagement highlight BNB’s expanding role as one of crypto’s most dominant assets.