According to TechFlow, on February 24th, CryptoQuant analyst Maartunn stated that while the cryptocurrency market sentiment was sluggish at the beginning of 2026, the market capitalization of stablecoins had reached $300 billion, a six-fold increase compared to 2020, with weekly trading volume doubling to $60 billion. Bitcoin's performance this year has lagged behind the S&P 500 and gold, despite the approval of its ETF. Ethereum still dominates the stablecoin market, but BNB Chain's 133% year-on-year growth is the most outstanding. BNB Chain's DEX trading volume is projected to grow by 100% in 2025, reaching a 30% share of the DEX market in July, surpassing ETH and SOL. User numbers have significantly increased compared to the previous cycle, with Solana reaching 4.1 million daily active users and BNB Chain reaching 1.9 million.