Cryptocurrencies, Tokens, Trading

BNB Chain continues to cement its role as one of the most active ecosystems in Web3. As of June 2, 2025, the network boasted over 7.2 million weekly active addresses, 102 million weekly transactions and more than $6.1 billion in total value locked (TVL). The platform’s native BNB (BNB) token also saw $1.52 billion in 24-hour trading volume.

Decentralized applications (DApps) on the chain recorded 14.16 million daily transactions, spanning many vectors including decentralized finance (DeFi), gaming, artificial intelligence and real-world assets (RWAs).

24-hour DApp transactions on the BNB Chain ecosystem. Source: BNB Chain

But what’s fueling this activity on the ground level? Much of it is driven by fast-moving tokens and protocols that are gaining user traction. Let’s explore eight of these most actively traded tokens that are moving markets on BNB Chain as of May 24.

1. BUILDon (B)

Originally launched as a memecoin, BuildOn (B) has evolved into a DeFi asset closely tied to USD1, the stablecoin issued by Trump-backed World Liberty Financial (WLFI). In May, it adopted USD1 as its core trading pair, becoming one of the largest non-stablecoin sources of USD1 volume on BNB Chain. WLFI later bought over 636,000 B tokens, cementing BuildOn’s position as a liquidity driver for the USD1 ecosystem.

  • 24H Volume: $536.7M

  • Market Cap: $216.6M

  • Active Traders: 11,619

  • Transactions (24H): 54,639

2. BSquared Network (B2)

BSquared Network (B2) is a modular layer-2 protocol that connects to Bitcoin (BTC) while operating on BNB Chain. It uses zero-knowledge (ZK) rollups to process transactions offchain and anchors finality to Bitcoin. B2 also integrates BTC-Fi products, allowing users to stake BTC and access yield-bearing strategies, along with a mining pool linked to DeFi tools.

  • 24H Volume: $371.0M

  • Market Cap: $29.2M

  • Active Traders: 26,410

  • Transactions (24H): 306,723

3. 48 Club Token (KOGE)

48 Club Token (KOGE) is the governance token of the BNB48 Club, a decentralized autonomous organization (DAO) that participates in product development, investment and node operation within the BNB ecosystem. The club uses a buyback-and-burn model to reduce token supply and is one of the oldest organized investor communities on the chain.

  • 24H Volume: $209.9M

  • Market Cap: $183.7M

  • Active Traders: 10,782

  • Transactions (24H): 193,047

4. Allo (RWA)

Allo enables the tokenization and trading of real-world assets on BNB Chain. The platform supports fractional ownership of assets like real estate and private equity, offering staking and lending options for tokenholders.

  • 24H Volume: $100.6M

  • Market Cap: $23.2M

  • Active Traders: 27,691

  • Transactions (24H): 119,585

5. Merlin Chain (MERL)

Merlin Chain uses ZK-rollup tech to process Bitcoin-linked transactions with lower fees and higher speed. Built by Bitmap Technology, it anchors data to Bitcoin while operating smart contracts and DApps offchain. The MERL (MERL) token is used for staking, delegation and transaction fees on the network.

  • 24H Volume: $96.9M

  • Market Cap: $104.6M

  • Active Traders: 7,129

  • Transactions (24H): 111,542

6. SkyAI (SKYAI)

SkyAI is an AI infrastructure project built on BNB Chain. It aggregates blockchain data for training AI models and supports multichain connectivity through its Model Context Protocol (MCP) framework. Users can deploy data nodes or extend MCP to earn fees from AI applications accessing onchain data sets.

  • 24H Volume: $90.5M

  • Market Cap: $56.8M

  • Active Traders: 5,600

  • Transactions (24H): 130,724

7. Lorenzo Protocol (BANK)

Lorenzo bridges traditional asset management and Web3. Its token, BANK, governs a protocol issuing liquid staking and wrapped BTC products tailored for institutions and yield-seeking users.

  • 24H Volume: $78.0M

  • Market Cap: $32.9M

  • Active Traders: 2,682

  • Transactions (24H): 104,024

8. Okzoo (AIOT)

Okzoo is building a decentralized data network using AIoT (AI + Internet of Things) devices that collect environmental metrics. The AIOT token powers staking and incentive mechanisms, rewarding users who contribute data through portable sensor-equipped hardware.

  • 24H Volume: $59.3M

  • Market Cap: $16.7M

  • Active Traders: 5,234

  • Transactions (24H): 66,038

Conclusion

BNB Chain’s activity is increasingly shaped by projects across multiple verticals — scaling solutions, AI infrastructure, asset tokenization and even environmental data networks. As DeFi becomes more specialized and real-world use cases expand, tokens like these reflect how BNB Chain continues to diversify and grow.

With strong fundamentals and growing user engagement, BNB Chain remains committed to its vision: building an open, scalable and user-driven blockchain economy.

Learn more about BNB Chain

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