Vesting NFTs Fuel $12.4M on BNB Chain, Overtake Ethereum
Vesting NFTs on BNB Chain reached $12.4M in daily sales, propelling BNB Chain to a leading $14M NFT volume—double Ethereum’s $7M. Operated by UNCX Network, these tradable token-lockup vouchers wrap vested tokens into NFTs, preserving original vesting schedules while unlocking liquidity. Data from Tokenomist shows $15B in token vesting released in September and $10B more unlocking in the next two months. Even partial adoption of Vesting NFTs could significantly scale the market. The surge highlights growing demand for liquidity solutions in token lockups. Well-audited smart contracts and clear legal frameworks will be key to broader adoption as Vesting NFTs gain traction in DeFi.
Bullish
Vesting NFTs’ surge in daily volume on BNB Chain signals strong trader interest in NFT liquidity solutions, boosting demand for BNB and NFT markets. In the short term, this uptake may drive higher trading volumes and network fees on BNB Chain, while long-term adoption of token-lockup NFTs could standardize new liquidity mechanisms across DeFi. The need for audited smart contracts and legal clarity further suggests maturing infrastructure, supporting a bullish outlook for BNB and associated protocols.