The number of unique addresses on the BNB Chain has surpassed 230 million, making it the “largest layer 1 blockchain in the world,” according to a company statement.
Meanwhile, transactional volume on the network reached “record-breaking highs” in May, reaching 9.8 million transactions.
Despite the crypto winter, growth continues
According to BNB Chain, the blockchain has “made significant strides toward onboarding the next billion users into Web3.”
Alvin Kan, Director of Growth & Operations at BNB Chain, stated:
“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.”
These changes, according to Kan, “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 to provided a secure and user-friendly platform for developers and users alike, marching towards our mission to onboard the next billion users to Web3.”
It launched several development support programmes, including “the Builder Grant and the $10 Million Gas Fee Incentive,” to help the growth of Web3 decentralised applications (Dapps).
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