WEB3
by BSCN
November 9, 2023
Fueling its growth, Binance has also opened deposits and withdrawals of BNB, FDUSD, and USDT on the Layer 2 network.
BNB Chain's Layer 2 solution, opBNB, has rapidly emerged as the second most popular Layer 2 blockchain by daily active users (DAU), achieving a remarkable 69% surge in market share growth in just under two months since its mainnet launch. Earlier in September, BNB Chain unveiled the opBNB Mainnet for the public, following rigorous periods of testing.
OpBNB's Daily Active Users (DAU) skyrocketed to an impressive 92,761, according to opBNBScan, indicating a 69% growth in market share in the L2 space.The surge highligts the network's rapid development and its suitability for high-frequency transactions across various sectors, including SocialFi, DeFi, and GameFi.
In addition to the surge in daily active users, Binance, on November 8, announced support for deposits and withdrawals on opBNB, integrating BNB, FDUSD, and USDT on the layer 2 network.
OpBNB's appeal lies in its ability to cater to high-frequency transaction dApps, particularly within the gaming, SocialFi, and DeFi sectors. Built on the BNB Smart Chain (BSC), opBNB offers low gas fees, high speeds, and scalability, making it a preferred choice for developers and users alike.
Notable on-chain growth statistics further demonstrate opBNB's ascent:
The BNB Chain Core Development Team expressed their excitement, stating:
"opBNB is having a profound impact on the industry, especially for high-frequency transaction dApps across SocialFi, GameFi, and DeFi."
The team believes Binance’s support will improve efficiency, liquidity, and accessibility for users, reducing withdrawal times as well as enable seamless management of opBNB assets on the exchange.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
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