YZi Labs Launches $1 Billion Fund for BNB Ecosystem Development
YZi Labs has launched a $1 billion builder fund to support innovation in the BNB ecosystem, focusing on DeFi, AI, real-world assets, payments, biotech, and next-gen wallets. This initiative aims to empower developers and founders.
- Formerly known as Binance Labs, YZi Labs rebranded in January 2025.
- It supports projects like PancakeSwap, ListaDAO, Aster, and Aspecta.
- The Most Valuable Builder (MVB) program and strategic funds continue fueling growth.
BNB Chain Achievements
- BNB Chain leads in DEX trading volume and daily active users, processing over 26 million transactions daily.
- Recent data shows $6.05 billion in DEX volume and $5.57 million in chain fees within 24 hours.
- Total value locked (TVL) is approximately $9.13 billion, ranking third among blockchains.
BNB Token's Market Position
- BNB surpassed XRP to become the third-largest cryptocurrency by market cap, reaching an all-time high of $1,336.
- The token has surged over 50% in the past month, with a current trading price around $1,321.
- Daily trading volume doubled, now at $12 billion.
This growth is attributed to the successful Maxwell Hardfork improving network efficiency and attracting new developers. Institutional interest is rising, with CEA Industries planning to hold 1% of BNB's total supply by year-end. Analysts predict potential testing of the $1,500 mark, driven by optimism for ETF approvals and altcoin market rallies.