BNB Chain Q1 2025 Ecosystem Report: Revenue Soars 58% and DeFi TVL Hits 8.7 Billion BNB
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On April 30th, COINOTAG reported insights from the **Messari** BNB Chain Q1 2025 Ecosystem Report. The findings indicate that **network revenue** soared to **$70.8 million**, reflecting a significant **quarter-over-quarter (QoQ) increase of 58.1%**. Additionally, the daily **transaction volume** surged to **4.9 million**, marking a **20.9% increase** over the previous quarter. Notably, **daily active addresses** rose to **1.2 million**, achieving a **26.4% growth** QoQ.
Inter-wallet transfer **gas fees** observed a dramatic rise, climbing by **122.6%**. The **Total Value Locked (TVL)** in BNB experienced an impressive **14.7% growth**, transitioning from **7.6 million** to **8.7 billion BNB** within the quarter. In terms of security enhancements, the newly established **BNB Good Will Alliance** has successfully diminished **sandwich attacks** by over **90%**.
On the technical front, the recent **Pascal hard fork** introduced several innovations including **EIP-7702 smart contract wallets**, **BLS12-381 cryptographic technology**, and enhancements in **Gas abstraction**, leading to improved **EVM compatibility**. These upgrades promise enhanced **scalability** and a more streamlined **user experience** across the ecosystem.