Messari Releases BNBChain 2024 Q4 Report: BNB Market Cap Grows by 114%, Stablecoin Market Cap Maintains Third Place at $6.84 Billion

February 4th. Today, Messari released the BNBChain 2024 Fourth Quarter Report, which encompasses ecosystem expansion and key growth metrics. During Q4, BNB's market capitalization reached $101.09 billion by the end of the quarter, showing a 114% year-over-year increase compared to the start of the year. In the BNBChain's DeFi ecosystem, there was an annual growth of 53%, with a 10% increase in the fourth quarter. The TVL reached $5.35 billion, and ListaDao performed outstandingly with a 174% TVL growth. The quarterly average trading volume of BNBChain's DEX increased by 122% in Q4, reaching $1.29 billion. The annual average trading volume of the DEX increased by 269%. The stablecoin market also witnessed steady growth. BNBChain maintained the world's third-largest stablecoin ecosystem (only after Ethereum and Tron). The total stablecoin market value in Q4 reached $6.84 billion. Additionally, in the BTCFi field, there was a 5% month-over-month growth in holders, surpassing 1 million users, with Solv and Lorenzo demonstrating remarkable performance. On the technical front, by the end of the year, 96% of blocks had utilized BuilderAPI, which enhanced block speed and MEV transparency. The number of active validators increased from 40 to 45, promoting further decentralization of BNBChain. BNB Chain is dedicated to advancing crypto applications and attracting the next billion users to enter Web3.