Key Insights:
- BNB Chain has overtaken Solana to become the blockchain with the largest stablecoin holder base, reaching 79.3 million addresses.
- Rising adoption of tokenized ETFs and over 360 million BNB holders highlight growing retail and institutional interest.
- BNB price is approaching the $600 resistance, with bullish retail sentiment but cautious positioning from whales.
The BNB Chain has seized the crown for most stablecoin holders. It has even managed to overthrow Solana, which previously held the position.
Data from Token Terminal shows that the BNB Chain currently has over 79.3 million addresses at the time of writing. That lead has arrived as total on-chain stablecoin holders across every network have climbed to 289 million at the same time.
Low fees and nonstop retail activity likely drove the surge on BNB Chain. Daily users piled into USDT, USDC, and other stables for transfers and DeFi plays.
This metric signals real wallet adoption, not just TVL flexing. Chains that own the holder base control the flow of dollar-pegged liquidity, and BNB Chain is claiming that territory.
Tokenized ETF Push Fuels Institutional Flow as BNB Holder Surpasses 360 Million
In other BNB Chain news, tokenized ETF adoption has accelerated across the network. The chain now counts 83,600 holders of tokenized ETFs, a figure that exceeds Solana’s 41,900 and Base’s 38,900.
Institutions are starting to route more capital through these products, and BNB Chain is positioning itself to capture this wave of liquidity inflows. The combination of cheap settlement and growing RWA rails has made the chain a magnet for bigger players.
Meanwhile, BNB token holders have crossed 360 million for the first time in history. The milestone reflects years of steady distribution through airdrops, farming, and exchange activity. Despite the huge number of BNB holders, the actual users who use the network daily sit at 4.2 million.
While it is still a significant number, it is still a drop from the all-time high of 7.5 million in September 2024 and still higher than the previous low of 2.5 million in May 2025.
BNB Chain still leads all blockchains in Daily Active Addresses (DAA), which means it has the most active users. Tron comes in a close second with 4 million, and finally Solana at 2 million. Ethereum fell to third with just 509.4k active users.
More wallets holding BNB have strengthened the network’s defensive moat. When holder counts climb this high, selling pressure spreads thinner and long-term conviction hardens.
