In just five years, BNB Chain has evolved from a single blockchain into one of the world's most powerful Web3 ecosystems. This wasn't an overnight success, but rather a gradual transformation from a challenger to Ethereum to an indispensable infrastructure-level presence in the Web3 field, achieved through keen insight into market demands and continuous breakthroughs in technological bottlenecks. Its development path clearly demonstrates a strategic transformation from a single high-performance chain to a modular, multi-layered ecosystem. With changes in the market environment and the rise of next-generation high-performance public chains like Solana and Avalanche, BSC faces increasing competitive pressure. Simultaneously, BNB Chain has gradually realized that relying solely on the narrative of "low gas + EVM compatibility" is insufficient to support its long-term growth. Against this backdrop, BNB Chain did not choose a simple performance race, but instead proposed a more long-term-oriented "One BNB" multi-chain ecosystem strategy through brand rebranding and architectural upgrades. "One BNB" is not simply a collection of multiple chains, but a systematic solution addressing the "blockchain trilemma." By modularly decomposing and collaboratively designing the execution layer (BSC), extension layer (opBNB), and data storage layer (BNB Greenfield), BNB Chain attempts to build a sustainable technological path that balances performance, cost, and scalability, providing customized infrastructure for Web3 applications of different sizes and types. A key turning point occurred in 2025. With the successive implementation of a series of core hard forks such as Pascal, Lorentz, and Maxwell, BNB Chain entered the sub-second block time stage at Layer 1, systematically improving transaction confirmation experience and network throughput. These upgrades significantly raised the performance ceiling of on-chain applications and are also influencing BNB Chain's competitive landscape in DeFi, AI, and RWA sectors. (The above content is excerpted from Web3Caff Research's "BNB Chain Ecosystem Track 25 Years Q4 13,000-Word Research Report: Five Years of Advancement, How is it Laying the Foundation for the Next 'Billion Users' Era?") A comprehensive analysis of its development system, technological iterations, ecosystem layout, competitive challenges, and future prospects. Click to view the full version 👇