Unique addresses on the BNB Chain crossed 230 million, surpassing Ethereum and becoming the “largest layer 1 blockchain in the world,” according to a company statement.
Meanwhile, the network also witnessed “record-breaking highs” in transactional volume — reaching 9.8 million transactions in May.
Growth despite crypto winter
BNB Chain reported that the blockchain has “made significant strides in onboarding the next billion users into Web3.”
Director of Growth & Ops at BNB Chain, Alvin Kan, said:
“Our community has made remarkable strides in the development of blockchain technology. We launched BNB Sidechain, zkBNB, Binance Oracle, security initiatives such as AvengerDAO, among others.”
Kan stated that these changes had “resulted in faster transactions, lower costs, and extra capacity.”
Deployment of BNB Sidechain and zkBNB Testnet had been considered a “game-changer for developers,” according to the company statement.
“The team at BNB Chain is committed
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