Optimism price is basking in the news of BNB Chain’s newly introduced Optimism-powered layer-2 testnet opBNB. On June 19, BNB Chain announced the launch of its opBNB testnet. The newly launched layer-2 scaling solution based on Optimism Stack will boost the Binance Chain network’s security and scalability.
Following the launch, the Optimism token has scored an over 6% price increase today, June 20, after an over 3% decline on June 19.
Binance-owned Blockchain Newly Introduced Optimism-powered Layer-2 Scaling Solution
The scaling solution, opBNB, will increase transaction throughput, reducing network fees. BNB Chain currently processes about 2,000 transactions per second at $0.10 per transaction. However, according to the latest announcement, opBNB would support over 4,000 transactions per second at a cost below $0.005.
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BNB Chain noted that opBNB optimizes data accessibility, and catc
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