BNB Chain vs Ethereum – 2025’s EVM adoption trends are now giving way to…

The EVM battle in 2025 wasn’t decided by hype cycles or token rallies. In fact, on-chain data showed BNB chain consistently pulling ahead in active usage, quietly setting the pace as the market headed into 2026. While most Ethereum Virtual Machines (EVM) chains chased bursts of attention in 2025, the BNB chain converted usage into routine.

That’s quiet compounding, not viral growth, that is now defining leadership as the market moves into 2026.

According to Nansen’s post on X, there has been a clear shift in activity leadership across major EVM chains. BNB Chain took the lead after July 2025 as active addresses trended higher and stayed elevated.

This dominance came from consistent retail usage, cheap fees, and deep integration with centralized exchange flows. On the contrary, Base spiked sharply but failed to retain any momentum.

These bursts were indicative of incentive-driven campaigns, rather than durable demand. For its part, Ethereum [ETH] remained stable. Alas, it still ceded raw activity in favor of settlement, not volume.

Source: X

Meanwhile, Polygon [POL] and Sei Network [SEI] saw occasional spikes, often tied to specific events. Importantly, BNB did not rely on one-off spikes. Instead, activity stayed range-bound but high.

That pattern seemed to be indicative of habitual usage, not speculation. It also hinted at sticky liquidity and repeat users. As a result, BNB’s dominance looks structural rather than temporary.

For the broader market, hype has continued to drive attention. However, sustained usage might just define leadership as 2026 rolls out.

Ethereum anchors settlement while BNB dominates daily users

While Ethereum still anchors EVM dominance, BNB Chain now trails closely behind. At press time, Ethereum led in fees and settlement value, posting $482.96 million despite an 80% drop from the previous peak period, when fees exceeded $2.4 billion.

However, BNB is dominant on the activity front. It recorded 246 million active addresses, up 173%, and nearly 4 billion transactions, up 199%, while fees rose 34% to $258 million. That strength came from low costs, retail-heavy flows, and exchange integration.

Source: Nansen

Base seemed to follow suit, with 175 million active addresses up 62% and transactions up 169%. This, even though fees fell 18%, hinting at incentive-driven usage. Arbitrum lagged behind further. Active addresses slipped 4.4%, while fees dropped 56%, despite transactions rising by 35%.

Ethereum’s upcoming scalability upgrades and rollup fee reforms could lift activity. Meanwhile, renewed incentives or CEX-linked campaigns could extend BNB’s lead.

Ultimately, in 2026, dominance will hinge on retention, not spikes, for EVM markets. Regulatory clarity and app launches may reshape flows across chains. Especially payments, gaming, and social apps.

Final Thoughts

• BNB’s lead in 2025 was due to habitual use, not hype.

• While Ethereum maintains settlement strength, future EVM leadership will depend on user retention, scalability upgrades, and real-world app adoption.