BNB
by BSCN
January 23, 2023
BNB Chain continues to dominate the Web3 world maintainig roughly 1/3 of the dapp market share.
BNB Chain integrated 2,163 Decentralized Applications (Dapp) to DappRadar in 2022, marking over 36% of the entire Web3 industry.
Despite declining 7% year-to-year from 2021, BNB Chain maintains the largest amount of Dapps in the crypto industry, according to a Blockchain and Dapp Adoption Report 2022 from Sara Gherghelas of DappRadar. BNB Chain maintained nearly 3x the amount of Dapps relative to the second most Polygon. Ethereum and Polygon had 11.4% and 12.8% of the Web3 Dapp integrations across 2022.
“BNB Chain led all blockchains for dapps integrated into DappRadar in 2022 with 2,163, decreasing by 7% from the previous year; Polygon and Ethereum follow,” Gherghelas writes in the report.
The report highlights the overall growth of the Layer-2 (L2) ecosystem. From chains like Arbitrum to Optimism, the L2 landscape made significant gains in 2022. Ultimately, the biggest gainer of them was Cronos Chain which exploded by over 1000% to take 3% of the market share.
The crypto market continues to grow and grow. For the full report, check out DappRadar’s article here.
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.
Website | Twitter | Discord | Telegram | GitHub |
Latest News
2h : 36m ago
Everything We Know About OpenSea's New SEA Token
5h : 6m ago
Story Protocol & The IP Token: Deepdive
5h : 51m ago
What is BNB Chain? The Ultimate L1
9h : 6m ago
Six Charged in a Crypto Kidnapping Case in Chicago—What Happened
11h : 36m ago
Everything We Know About Pi Coin Exchange Listings
11h : 51m ago
Core Foundation and Aethir’s $100M Ecosystem Fund: Key Details
14h : 6m ago
Ethereum ETFs Could Soon Offer Staking Rewards: Details
February 12, 2025
What is Quai Network and What Makes it Special?