BNB
by BSC News
November 14, 2022
BNB Chain continues to show signs of healthy growth in terms of activity and users despite the difficult macro economic environment.
The October BNB Chain analysis report is in from AnalytEx. BNB Chain continues to increase its activity in several metrics while seeing efficiency grow in other areas.
Remarkable data points for October:
BNB Chain saw overall growth in network activity and active users, as shown by the gradual increase in gas price plus the number of active wallets. The increase in transactions also shows that these new users are increasingly interacting with the chain.
As BNB Chain continues to be the most active blockchain, the increasing activity is a positive sign for the bear market.
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFi, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Find more about BNB Chain here:
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