As protocols on the chain continue to draw users and activity even during a general market slump, BNB Chain is almost ready to surpass the enormous 3.4 billion transaction threshold.
Read CRYPTONEWSLAND onThe industry’s most popular chain utilized Twitter to emphasize that it had reached 3.4 billion in transactions on September 11. Given that BTC has fallen to just around $22,000 at the time of scripting, according to CoinMarketCap, a level last seen in the summer of 2021, the growth figure is all the more remarkable.
The growing NFT scene on the chain, where user interest is beginning to significantly increase for numerous collections, may have had a favorable influence on the increase in transactions.
Additionally, the chain’s main protocol PancakeSwap has announced its plans for the upcoming year, adding to the longer-term optimism that the chain will continue to advance. Cryptonewsland is constantly monitoring chain developments to determine whether it can maintain the unceasing surge in user interest.
BNB Chain is a blockchain that is community-driven, decentralized, and censorship-resistant. It is made up of the EVM-compatible BNB Beacon Chain and BNB Smart Chain, which provide a multi-chain environment. BNB Chain seeks to create the infrastructure necessary to support the global parallel virtual economy through the idea of MetaFI.
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