BNB Chain DEX Volume Tops $2T As Price Hits Key Pivot Level

Binance Coin (BNB) stayed resilient above $1,000 despite the broader market slump. Increased on-chain activity contributed to its sustained momentum. The price of Bitcoin (BTC) reclaimed above $110K, suggesting that prices were starting to gain strength.

BNB Smart Chain (BSC) surpassed the $2 Trillion mark in terms of cumulative DEX volume. At the same time, active addresses also hit record highs. The price consistently held above the $1,000 level. Analysts now forecast a rise toward the $1,600 mark.

BNB Chain Cumulative DEX Volume

Data from DefiLlama shows that DEXs on BNB Chain reached a cumulative volume of $2 trillion. This milestone was achieved by the end of last week. This sustained uptrend had been steady since early 2021.

The growth became robust since the beginning of 2025, but the second quarter of the year was the most impactful. During this period, DEX’s volume for the day was recorded at about $522.13 Million. This reflected that there was enough liquidity in BSC protocols.

In addition to cumulative DEX volume, other indicators of activity were also strong. The total value locked (TVL) was at $8.238 billion, which was a drop of 2.62% in a day. Despite the decline, the value was an indication of stable capital reservation on BNB Chain.

The $2 trillion volume and $8 billion TVL show that BSC has seen consistent, long-term usage. This wasn’t just a temporary surge from short-term activity. This was not all there was.

Daily Active Addresses on BSC Network

BNB Smart Chain also recorded the highest number of daily active addresses, 3.62 million, last week. This further indicated increased on-chain actions.

This figure came shortly after the BNB price surged past $1,300. On the day, network participation was broad-based as active addresses stood at 1.56 million.

These active addresses had been ranging below the 1.5 million mark since November 2024. The surge sprang out in September and extended up to October. A sharp dip to the 2 million mark occurred this month after the flash crash.

The price’s correlation with the intensity of user activity reiterated a high level of network engagement. The renewed interest in DeFi, particularly in the memecoin category, and NFTs drove the surge in activity.

As the active addresses stayed stable, analysts believed that BSC was cementing its base in blockchain activities. This supported the confidence in the BNB ecosystem, but was this true for its price action?

Will BNB Price Hit $1,600 In the Next Leg?

On the charts, the price of BNB was stabilizing at the support level between $1,050 and $1,000. The zone was a defining point for the next directional trend. The bullish retracement pattern on Fibonacci levels, for instance, at 0.618, coincided with the $1,000 mark.

Should the zone maintain its hold, BNB may start a surge that initially targets a high of $1,439. The chart showed that a run toward $1,632 would follow in the event of continued strength.

Interestingly, the price action was not below the main liquidity areas. This meant that the smart money had accumulated as the longtime holders became increasingly confident.

The current momentum reflected the possibility of recovery, although a breakdown below $1,000 would nullify the aforementioned projection.

In the meantime, the structure of the BNB price was still bullish with consolidation in play. Altogether, the booming chain metrics could propel this bullish outlook.