BNB Chain added $4.5B in weekly market cap as most tokens rose, while BNB slipped below $900 amid muted on-chain activity this week.
Risk appetite returned to parts of the crypto market this week, pushing the BNB Chain sector back into growth territory. Improving macro signals and broader industry sentiment supported gains across most BNB-based tokens. At the same time, on-chain activity showed mixed signals as BNB’s price struggled to hold key resistance levels.
BNB Falls 2.6% Despite Strong Sector-Wide Gains on BNB Chain
Over the last seven days, the BNB Chain sector added $4.5 billion in market capitalization, marking a 6.9% gain. That move erased all December losses and lifted monthly growth to 5.1%. Rising prices were supported by stronger trading interest, with sector-wide volume up 15.8% on the week and 50.7% year-on-year.
Image Source: CoinMarketCap
Data shows 83 of the top 100 BNB Chain tokens ended the week higher, including every asset in the top five by market value.
Despite the positive market action, activity on the BNB Chain layer 1 stayed muted. Daily transaction counts fell 6.6% over the same period, while decentralized exchange volumes posted only a mild increase.
Locked capital offered a brighter signal, as total value locked rose 8% week over week. Much of that growth came from higher deposits into Venus Protocol, which remained one of the network’s main drivers of DeFi liquidity.
BNB’s own price moved in the opposite direction over the last 24 hours. The token slipped 2.6% to $883 after failing to hold above the $900 level earlier in the week. Sellers stepped into the market as traders awaited a Supreme Court ruling that could affect global trade sentiment.
Recent technical upgrades did little to change short-term demand. A network update on the opBNB layer 2 cut block times in half, yet buying interest remained limited. Trading volume stayed 25.85% below its seven-day average, showing that faster blocks have not yet translated into stronger price momentum.
On-Chain Data Points to Price Stability Despite Market Pullback
Even with the recent price slip, several on-chain and market indicators point to underlying stability. One key signal comes from the average spot order size. Data from CryptoQuant shows orders often cluster in normal-to-whale size ranges across most price zones.
Image Source: CryptoQuant
Oftentimes, such a pattern suggests steady participation from large holders. Strong liquidity injection from these traders tends to provide support during pullbacks. More so, it helps reduce the risk of sharp price drops when sentiment weakens.
“Average spot order sizes remain relatively large, indicating steady participation by utility-driven or larger holders rather than speculative retail flows.”
Analyst XWIN Research Japan at CryptoQuant said.
Retail traders appear less visible in spot order data but remain active within the broader ecosystem. User metrics show BNB Chain continues to lead in weekly engagement.
According to details from Token Terminal, the network averaged 56.4 million weekly active addresses in early 2026. Compared to rivals such as NEAR Protocol, Solana, and Ethereum, that level stands well above. Usage has trended higher since last year, pointing to growing retail interest across applications built on the chain.
Image Source: Token Terminal
Institutional demand is also rising through tokenized real-world assets. Data from DeFiLlama shows real-world asset TVL on Binance Smart Chain has climbed past $2.1 billion. Tokenized U.S. Treasury products account for most of that value, with issuers such as BlackRock, Hashnote, and VanEck playing a central role.
Although BNB also witnessed the ongoing market correction, growing industry exposure and steady retail usage helped limit downside pressure. And even as technicals flash a cautious short-term sign, analysts believe the asset is set for the next leg higher soon.