Be cautious of the rapid growth of BNB Chain
The number of active addresses tripling in 18 months is an impressive achievement for BNB Chain. However, for investors, we need to keep a cool head to analyze deeper. Does this spike come from real users or is it just the result of airdrop hunting campaigns and automated trading bots? That's the situation; sometimes on-chain metrics look great but may not accurately reflect the financial health of each individual in the ecosystem.
We also need to note that when the number of users increases too quickly, the pressure on network infrastructure and security issues will become more sensitive. If you plan to "jump on the bandwagon" right now just because you see the purple bar chart standing tall, think carefully about your position. A strong ecosystem needs the stable development of quality DeFi applications rather than hot growth numbers in the short term. Observe whether the capital will actually stay long-term or just surf the waves and leave. Caution is still the primary principle in this risk-laden market.
