Stablecoin Active Addresses: BNB Chain Leads... Price Still Stuck

BNB Chain maintained about 15 million active stablecoin addresses, retaining its top position among major blockchains. According to Binance Research and Dun Data, the network showed strong user activity metrics, with active stablecoin addresses reaching 15 million monthly. Compared to 2021, stablecoin user share has significantly increased. While Ethereum and Solana also saw user base growth, they have not yet matched BNB Chain's address activity. However, active address count does not directly equate to fund size. BNB Chain leads in user numbers but lags in stablecoin market cap, transaction volume, and institutional adoption. Network structure differences explain this: BNB Chain's high accessibility and low fees drive small transactions, whereas Ethereum's ecosystem attracts large capital flows. BNB's price reflects this divergence, trading around $573 with 50-day, 100-day, and 200-day moving averages below, indicating an ongoing downtrend. The relative strength index has recovered near the 50 neutral line, easing selling pressure, but buying momentum remains insufficient for a trend breakout. Short-term resistance is near $579, with 100-day and 200-day moving averages still acting as resistance.