2020-2021 Is Repeating: Why BSC Will Dominate the Next Bull Run How a USD 19 billion deleveraging event just reset crypto for the biggest Q4 explosion since DeFi Summer, and why smart money is rotating to BNB Chain.

On October 10, 2025, crypto experienced its largest liquidation event in history. USD 19 billion wiped out in 48 hours. Bitcoin crashed from USD 126,000 to USD 105,000.
Peter Schiff called it a "total wipeout." Traders warned of worse to come.

But here's what actually happened: the market deleveraged. Open interest dropped from USD 48.7 billion to USD 45.1 billion, funding rates plummeted 51 per cent, and overleveraged tourists got flushed. This wasn't the beginning of a crash. It was the cleanse before the explosion.

The 2020-2021 Playbook Is Running Again, But Faster

The setup mirrors 2020-2021 exactly:

• Bitcoin ETFs pulled in USD 2.71 billion during October 6-10. BlackRock's IBIT holds USD 65.26 billion. 85 per cent of institutional firms now allocate to digital assets.
• We are 97.5 per cent through a standard cycle, where the final 2.5 per cent historically delivers the most explosive gains.
• Fed rate cuts hit 93 per cent probability.
• The stimulus echo of 2020-2021: Trump floated a USD 1,000-2,000 "tariff dividend" proposal on October 2, 2025, building retail FOMO before the money even arrives.
• And finally, Elon Musk posted an AI video of his Shiba Inu dog Floki on October 20, 2025. FLOKI jumped 27 per cent as volume surged 802 per cent to USD 540 million. The exact playbook that triggered SHIB's 8,000,000 per cent rally in 2021 when he posted photos of that same dog breed.

History doesn't repeat, but it rhymes.

The Quiet BSC Takeover

While traders panicked, something significant was happening on Binance Smart Chain. In October 2025, BSC recorded 3.62 million daily active addresses, an all-time high surpassing its previous peaks. Total Value Locked surged 217 per cent to USD 17.1 billion from USD 5.4 billion at year start. DEX trading volume hit USD 20.5 billion compared to Solana's USD 12.7 billion in the same period.

The catalyst wasn't subtle. In September 2025, CZ changed his X profile from "ex-@binance" to "@binance." The message was clear. He's back. BNB responded by hitting USD 1,311, a new all-time high. YZi Labs announced a USD 1 billion fund dedicated to BNB ecosystem development. New token launches started capturing serious capital. 币安人生 (Binance Life) reached USD 450 million market cap within days. The $BSC token surged 33,000 per cent in October alone.

Perhaps most telling is this data point that few are discussing: 70 per cent of BSC meme token traders are currently profitable according to on-chain analytics. That number stands in stark contrast to what's happening on competing chains, where retail investors face systematic losses.

Solana Is Bleeding, Base Never Had a Pulse

For Solana, the numbers are brutal:

• 98.7 per cent of Pump.fun tokens are rugs.
• Daily Solana traders collapsed 87 per cent from 8 million to 1 million.
• Network revenue plunged 93 per cent.

And Base? Despite 296 million monthly transactions, momentum stalled. Brett, Degen, Toshi, all abandoned. Base has infrastructure but zero culture. It's a shopping mall with no shoppers.

Three Plays That Matter Right Now

ASTER ($ASTER) captured 32 per cent of all blockchain fees in September with USD 519 billion trading volume and USD 2.34 billion TVL. As BSC meme volume explodes, Aster captures the fees.

FOUR.MEME created 52,000+ tokens since July with USD 4.4 million BNB Foundation backing. Fair launches with no presales or insider allocations. The migration platform for everyone fleeing Solana's rug factory.

https://four.meme/

While both have already picked up momentum and could be considered late for early entry, we have a new player entering the BSC ring.

BALZ ($BALZ): Raising millions within hours on their time-limited sale, closing October 23rd, BALZ is one of the most serious projects building on BSC currently, despite its irreverent branding and memetic culture. With over 40,000 members before their highly anticipated token launch on X, the project has taken an unconventional approach to community acquisition through guerrilla marketing and their "rug pull recovery protocol."

Rather than allocating capital to influencer campaigns, the team invests millions directly into compensating rugged communities and migrating them to BSC. At the time of writing, over 10,000 verified holders are queued to migrate.

The team has built a protocol that gives back to investors of rugged projects.

Their launch, which they aptly call the Fair as F* Launch rather than a presale, positions BALZ similarly to how memes like Shiba Inu or Floki entered the market in 2020, before their exponential growth phase.

https://faf.balz.fun/

Markets Are Coiled. The Question Is Where You're Positioned.

Markets deleveraged and reset. Institutional money is flooding in. Fed is cutting rates. Elon is shilling Shiba Inus again. BSC infrastructure is eating Solana and Base alive. We're 97.5 per cent through the cycle. Q4 seasonality is bullish. Analysts expect Bitcoin at USD 130K-150K by year-end with altseason accelerating into Q1 2026. The migration is real. Don't get left holding Solana rugs and Base ghosts when the music stops.