Officially there are rumours that it’s the BNB season, and networking activities on DEXS and CEXS are crazy. Reports say Binance Exchange has made its appearance by downloading major CEXs by downloading apps such as OKX, Bitget, Coinbase, Bybit.
According to an X post from @Crypto_Rand, Binance has made 60 million visits per month, supporting over 400 coins, and saw around 4.83 million downloads in February alone. That number was more than twice the amount of downloads that came in second place.
Binance is the leader in Crypto Exchange apps when it comes to downloads this month. Source: Sensor Tower
For Dexs, you will download when Trust Wallet leads the group in an activity and the volume is pushed hard. According to an X post from @axel_bitblaze69, Trust Wallet defeated all other DEXs in the number of wallet downloads they’ve earned so far this month as Changpeng Zhao (CZ) reposted.
Trust Wallet reportedly downloaded about 35% more than other apps like Metamask, Phantom, Coinbase, and Bitget.
Trust Wallet retains popularity among BNB smart chain users. Source: Sensor Tower
In his X post, Axel highlighted how much Trust Wallet has grown over the past few years, claiming that he first downloaded the “For $BNB Memeseason” app in 2021, and has been using it ever since.
Since then, he has noted that the wallet has become one of the most widely used milestones, including 200m+ downloads, 2.5m new users per month, and 35% of market share captured with over 100 chain integrations.
Axel also attracted attention on the Trust Wallet Zero Swap Cheas Campaign. This will zero swaps for all token pairs in the BNB Smart chain, and live performances will be held until March 27th.
Buddy @bnbchain will build it together ⚒️pic.twitter.com/6qmn1cro3a
– Trust Wallet (@TrustWallet) March 21, 2025
“These numbers just make the IMO bigger from here, as BSC has recently turned Solana overturned on Dex volume and trusts most BNB on-chain players OG,” he concluded the post.
There were many in the comments section who agreed that Trust Wallet is a great innovation, but others argue that they never encountered any issues while using the app. However, some people were unhappy with the app.
Is it really the BNB season?
The BNB tokens show some strength, but the rumors about the BNB season are still there for now, but the excitement is building up.
The coin definitely shows solid momentum. It owe much of it to the growing memecoin activity in short-term bullish chains and technical signals.
X’s analysts highlight resistance levels around $640 to $665, but if that’s revealed, they’ll see a potential run of $875.
The BNB chain has recently beaten Solana with its weekly Dex volume, contributing to higher welfare on the potential of the BNB season. Binance Wallet also advertises 0% trading fees through September, allowing more trading activities to be promoted.
Overall, many analysts are looking forward to the parabolic movement from BNB right away, and even tagging quiet winners on tokens, whilst aspirating for current market volatility.
Volatility is one of the threats to a potential BNB season. Bitcoin hasn’t done much, and altcoins have historically followed that trend, so we are skeptical of BNB pumps, especially if BTC does not change its downward trajectory.
Even if the BNB season occurs, some X users have warned that it may not last long. In a post from @Fishermancrypt0, it warned that “BNB Season” could fizzle by the weekend if Solana, known for the meme, steals the spotlight.
BNB took a Trump train… a short time
Binance’s BNB tokens have been doing relatively well over the past few days. Tokens rose 4% on March 13, after the Wall Street Journal reported that the Trump family was in talks to secure economic benefits in the US Binance sector, the world’s largest cryptocurrency exchange.
However, CZ quickly denied any discussion of deals regarding the conversation about seeking pardon from Binance.us or the President.
“I’m sorry for being disappointed. The WSJ article was incorrect,” he wrote. “We’re not discussing what we’re doing… well, anyone.”
4. Sorry for being disappointed. The WSJ article was incorrect.
Over 20 people have come to the WSJ (and another media) to say, “Can you confirm that CZ has made a deal for pardon?”
They asked perhaps hundreds of people to 20 people to reach out to me. in…https://t.co/elydpmkd3g
– CZ🔶BNB (@CZ_BINANCE) March 13, 2025
Zhao was tagged in a WSJ article as part of a broader effort to attack both the cryptography and the current administration, claiming that “the rest of the power of the ‘cryptography war’ from the last administration is still at work.”
According to the WSJ, Binance initially proposed a deal that would help him get closer to Trump’s allies and regain his foothold in the US at the same time, and its founder Changpeng Zhao said he is working to get a presidential pardon after serving in prison for four months for violating anti-moneying laws.
