2026-01-09 08:29:31

The competition among public blockchains in 2025 has entered a new stage, no longer a game of token price fluctuations or market sentiment.

From on-chain data, BNB Chain's performance remains stable—daily active users continue to lead and show steady growth. The key is that it has turned "usage" into a habit. Low Gas costs, stable retail user traffic, and deep cooperation with centralized exchanges—these factors keep on-chain activity high without relying on market peak conditions.

ETH remains the settlement hub of the entire ecosystem, and this is unshakable. In terms of transaction security and finality, no other chain can compare. However, in transaction frequency and user growth, ETH is relatively restrained. While Base and Polygon occasionally boost their popularity, it is mostly driven by incentive policies.

From a different perspective:
• ETH wins in settlement capability
• BNB wins in daily usage

By 2026, the determining factor for which chain can stand at the top of the industry will no longer be hype and speculation, but actual user retention rates and the degree of real-world application. This is the true reflection of long-term competitiveness.

BNB4,07%

ETH3,25%

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GateUser-c799715c

· 01-12 04:37

The daily active users of BNB are indeed impressive, but can it really be sustained for so long with low gas fees... Security on the ETH side is still a concern, users still need to use it.

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AirdropAnxiety

· 01-10 22:31

BNB's combination of low gas fees and stable traffic is indeed powerful, but I still believe that the settlement status of ETH is hard to change... Ultimately, the real competition depends on who can retain users.

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CryptoPunster

· 01-10 19:47

Huh? Still discussing coin prices? Wake up, it's 2025 now. It's all about who can keep retail investors. BNB is that friend who always farms yield, always able to coax you back. ETH? Just sitting there collecting fees, incredibly stable. Honestly, retention rate is the real key. Just attracting new users is useless. I've already been wiped out. Base and Polygon? Incentive policies end and people run away haha. I've heard that joke too many times. As for who can survive until 2026, I bet ten bucks that the ones who end up worst off are those brothers who rush in and go all-in.

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metaverse_hermit

· 01-10 13:54

That's correct, but behind BNB's steady performance this time is actually the traffic influx from centralized exchanges. When these exchanges change their stance, we'll see.

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ProveMyZK

· 01-09 08:58

BNB is really a free ride now; with low gas fees, more users will naturally come. ETH is just resting on its laurels; settlement security is unquestionable, but there's really nothing new. As for Base and Polygon, there's no need to boast; how long can their money-burning subsidies last? Wait, how is the actual retention rate calculated? Is it based on on-chain interaction frequency? I think it still depends on whether the application ecosystem can truly take off.

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WhaleWatcher

· 01-09 08:58

That's right, the daily usage logic of BNB is indeed impressive. Relying on habit formation rather than hype is the real trick. ETH is indeed stable, but it feels a bit like resting on its laurels... The popularity of Base and Polygon is really sustained by subsidies. Once the rewards stop, people disperse. User retention is the key, and this hits the nail on the head. BNB's strategy is steady, and I am optimistic. By the way, are on-chain data really that optimistic? Is there a real-time data source? In the end, it's still about real-world scenarios; everything else is pointless. Wait, 2026 is still far away. Is it too early to draw conclusions now... Why does it seem like only when the coin price rises do people become active? It's easy to say this habit.

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OnChainArchaeologist

· 01-09 08:57

BNB this wave is surprisingly stable, really making it clear how to keep gas fees low. ETH is just too proud, everyone has to use it but no one thinks it's cheap. As for Base and Polygon, there's no need to compete anymore; once the incentives stop, people will disperse.

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BearMarketSurvivor

· 01-09 08:53

Data doesn't lie, but market psychology does. BNB's supply line of low cost + retail traffic is indeed stable, but the question is how long can it hold? ETH as a settlement center is fine, but trading enthusiasm has decreased. That's why I keep saying—being alive is more important than making money.

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