TLDR
- BNB Chain ranked first in tokenized stocks by volume, supply and holders in Q3, according to Blockworks.
- Tokenized-equity trading reached $25.6 billion, up from $2.4 billion in Q2.
- Network revenue rose 54% to $54.2 million, while daily active addresses fell 14%.
- Analyst Crypto With Gopal sees a possible double bottom, with $736 as the neckline and $775 as a target.
- BNB’s 37th quarterly burn removed about 1.646 million BNB on October 19.
BNB Chain led all tracked networks in tokenized-stock activity in the third quarter of 2026. Blockworks ranked it first for trading volume, supply and holder count.
BNB Chain had a huge Q3, ranking #1 among all chains in tokenized equity trading volume, supply and holders.
The latest quarterly report by @Blockworks shows how that momentum extended into stronger network earnings, growing lending markets, core infrastructure upgrades, BNB… https://t.co/15ZF2KWf83
— BNB Chain (@BNBCHAIN) October 22, 2026
The network recorded about $25.6 billion in tokenized-equity trading. That compares with $2.4 billion in the second quarter.
Decentralized exchanges handled $24.4 billion of the total. Ondo Global Markets added another $1.2 billion.
Blockworks tracked $45.8 billion in tokenized-asset DEX trading across networks, excluding memecoin pairs. BNB Chain held more than half of it, ahead of Robinhood Chain at $10.2 billion and Solana at $6.4 billion.
The surge followed the June 11 launch of bStocks. Daily trading peaked at $1.2 billion on July 26, and QQQB, a tokenized Invesco QQQ ETF product, made up about 80% of bStocks’ DEX volume.
Supply and Network Revenue
Tokenized-stock supply on BNB Chain reached about $1.13 billion by September 30. That is up from $560 million at the end of Q2 and equals 39% of the $2.89 billion tracked across chains.
The network had roughly 1.8 million tokenized-equity holders. bStocks accounted for $810 million of the supply.
Network real economic value rose 54% to $54.2 million. Transaction fees made up $49.1 million of that, and MEV payments added $5.1 million.
BNB Smart Chain processed 1.51 billion transactions, up 7.5%. Daily active addresses fell 14% to 2.10 million.
Lending deposits grew 42% to $3.57 billion. Tokenized equities in lending markets rose from $6 million to $62 million, less than 2% of deposits.
Token Terminal data showed BNB Chain added $239.3 million in tokenized-stock market capitalization over seven days. Robinhood Chain added $11.4 million and Base added $4.4 million.
Analyst Don (@DonWedge) also posted about $BNB on X, adding to the chatter around the token’s chart.
$BNB textbook falling wedge pattern, which is a bullish reversal pattern pic.twitter.com/GjkVt5i07k
— Don 🐂 (@DonWedge) October 22, 2026
BNB Price Chart Setup
Analyst Crypto With Gopal says BNB may be forming a double bottom. Buyers have defended the $705–$710 support zone, and price is approaching a $736 neckline.
$BNB printing a textbook Double Bottom formation 👀📈
Buyers are defending the $705–$710 support zone aggressively! Price is recovering toward the $736 neckline, and a breakout could open the door toward $775 🔥
Bulls are showing signs of strength, but confirmation above… pic.twitter.com/HFBKwWQFg4
— Crypto With Gopal (@cryptowithgopal) October 20, 2026
A breakout above $736 could open a path to $775, according to the analyst. He noted that higher volume would need to back the move. Rejection could keep BNB range-bound, and a loss of $705 would weaken the pattern.
Chart take: BNB keeps bouncing off $705–$710 like it’s got a trampoline there, and $736 is the lid. Bulls need a clean push through with real volume, or this stays choppy.
What to watch next: a daily close above $736. That would confirm the neckline break and put $775 on the board.
The network’s 37th quarterly burn removed about 1.646 million BNB on October 19, worth around $1.2 billion. As of October 21, remaining supply stood near 131.51 million BNB.
