The BNB Chain ecosystem as a whole saw a modest recovery, expanding its market capitalization by 2.7% week-over-week (WoW). In contrast to our last update, the ecosystem is looking much healthier this week, with more than half of the top 100 BEP-20 tokens now in the green. BNB (BNB) reclaimed the $900 price point after tumbling to as low as $856 this week. It’s now up 2.5% WoW, 6.3% month-over-month, and 34.7% year-over-year.
The trending list also highlighted the developer framework and intent-based engine Enso (ENSO) as a rapid gainer—after it soared 129.2% WoW on massive volume. As for on-chain activity, BNB Chain saw modest increases in daily transactions (+3%) and total value locked (+1.1% WoW), while most other L1s saw these figures slip over the same period. This suggests market participants may be set to rotate onto BNB Chain as sentiment further recovers. Virtune Launches BNB ETP on Nasdaq Stockholm: Swedish asset manager Virtune listed a physically-backed BNB exchange-traded product (ETP) on Nasdaq Stockholm this week.
The product provides European investors with 1-to-1 exposure to BNB without the complexities of self-custody. World Mobile (WMTX) Goes Live on Binance Alpha: World Mobile, a DePIN telecom project building decentralized connectivity, is now live on Binance Alpha, with eligible users able to claim a points-gated WMTX airdrop via the Alpha event page. Grayscale Files for BNB ETF (GBNB): Asset management giant Grayscale has officially filed with the SEC to launch a spot BNB exchange-traded fund (ETF). If approved, the fund will trade on Nasdaq under the ticker GBNB, offering U.S. institutions regulated exposure to the BNB ecosystem.
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