BNB Chain Sets New Record for Active Addresses

BNB Chain hits record 3.46M active users; BNB token sets new price high.

On October 13, the number of active users on the BNB Chain reached an all-time high of 3.46 million. On the same day, the native token BNB hit a new price record.

The previous peak of 3.44 million was recorded in December 2023.

At the time of writing, the number of active users on the network stands at 3.1 million.

Over the past 30 days, the number of transactions on BNB Chain exceeded 500 million, a 151% increase compared to the previous period. In this regard, the blockchain is second only to Solana with 1.8 billion operations.

The surge in activity coincided with the market’s recovery following the crash on October 11. This was triggered by a statement from U.S. President Donald Trump about imposing 100% tariffs on Chinese goods. 

What about BNB? 

In the past 24 hours, the price of BNB fell by 9.7% to $1158. From its peak value, the asset has corrected by 16%, according to CoinGecko.

Technical indicators point to risks of further decline. The weekly Relative Strength Index (RSI) has entered the overbought zone. Last week, the indicator reached 81, and it has now dropped to 71.

Historically, such high RSI values have preceded significant downturns. In 2021, the drop was 70%, and in July 2024, it was 44%.

An analyst known as Saint noted that the RSI is in the overbought zone across several timeframes. According to him, this “indicates potential for price correction.”

→ Potential Risks

1. Overbought Technical Indicators:

The Relative Strength Index (RSI) for BNB is currently in the overbought range across multiple periods and as seen in the 24H range below, RSI is strongly leading to 70

This indicates potential for price correction which… pic.twitter.com/JHXBZcVDcN

— Saint (@saint0xbt) October 13, 2025

The four-hour chart has formed a “double top” pattern. Its completion suggests a decline to the “neckline” at the $1000 level.

Some experts believe that BNB has growth potential, citing a target of $2000 as “not so far away.”

$BNB is still looking strong after crash.

Looks like BNB will flip ETH soon if it goes at the same speed.

Next target is $2k, not much, far away.

New ATH loading.

See you on the TOP, guys.

This cycle will make new BNB millionaires. i am getting giga bullish vibes.

IYKYK!! pic.twitter.com/KpfkUfBdGE

— Henry (@LordOfAlts) October 12, 2025

Positive factors include Binance’s compensation of $283 million to users and high network activity.

🚀 $BNB Hits All-Time High at $1,370…

🔹 Binance pays $283M to affected users
🔹 BNB Chain logs 26M daily transactions
🔹 Analysts eye $2,000 target nexthttps://t.co/vM2YahzyCX

— CoinCentral (@realcoincentral) October 14, 2025

Earlier, analysts from XWIN Research Japan explained the reasons behind BNB’s growth.