YZi Labs, the investment firm of Binance founder Changpeng Zhao (CZ), has published a critical report titled "BNB: The Core Force Behind the Global Web3 Economy," positioning BNB as the core transaction engine for the global Web3 infrastructure. The report emphasizes that BNB, the native token of BNB Chain, offers a more efficient transaction layer compared to Ethereum's DeFi ecosystem and Bitcoin's store-of-value role, with a deflationary model and decentralized on-chain ownership reducing centralized risks.
Key metrics from Dune and Nansen data show that the BNB Chain ecosystem leads in decentralized exchange (DEX) trading volume with 61.25% market share, daily active users peaking at 3.4 million, and the highest number of active stablecoin wallets at approximately 20 million. The token's ownership structure is highlighted as approximately 67% publicly held, 27% burned, and CZ's share under 1%, enhancing institutional trust.
The ecosystem spans diverse sectors including DeFi, artificial intelligence, meme tokens, real-world assets (RWA), and consumer applications, allowing integrated participation through a single token. Historically, BNB has outperformed ETH, BTC, and SOL with an average annual price increase of up to 113% in past cycles.
Catalysts for future growth include the unlocking of the U.S. market, with BNB listings planned on major platforms like Robinhood and Coinbase, and the development of BNB ETFs and Digital Asset Trusts (DATs). The report also notes that CZ's recent amnesty decision is a positive signal, expected to accelerate adoption in North America and globally by opening a window of opportunity for business reintegration.
MIM
LTC
BTC
ETH
ZK