#大户持仓动态 Recently, BNB's performance has been quite interesting — 24-hour volatility isn't large, but the story behind it is worth exploring.

There have been many moves in the ecosystem. BNB Chain's annual transaction volume has surged by 600%, with daily active users remaining around 2.4 million, indicating that the on-chain ecosystem is genuinely growing, not just hype. The latest stablecoin U aims to retain on-chain funds and improve liquidity, which can indeed increase BNB's practical use cases.

There are also bright spots on the regulatory front — obtaining a full financial license in Abu Dhabi sends a strong signal to institutional investors. Good compliance builds trust.

But honestly, risks are still present. BNB Chain's daily transaction volume, transaction fees, protocol revenue, and locked funds are all declining, which is part of the broader "de-risking" process across the Layer 1 space. Whether stablecoin U succeeds depends on transparency in collateral and trust mechanisms — if it fails, it could negatively impact BNB.

Price movements are fluctuating — dropping from $848 to $825 and then back to $847, showing noticeable volatility.

Community sentiment shows many are optimistic in the long term. Some believe new highs could be reached by 2026, and current prices are a good accumulation opportunity. The stories of $BTC, $ETH, and $BNB in this cycle haven't fully unfolded yet — perhaps this is the real test of patience.