According to new data, Binance cryptocurrency The number of L1 wallets on its network BNB Chain exceeded 230 million, surpassing the largest smart contract platform Ethereum (ETH). In addition, BNB Chain network volume reached 9.8 million, setting a new record.
BNB Chain Growth Director, Alvin Kan, announced that they are carrying out important work to include 1 billion users in the Web3 world:
“The BNB community has played an important role in the development of blockchain technology. In addition to BNB Chain, our new projects such as Sidechain, zkBNB, AvengerDAO and Binance Oracle have also been implemented.”
Kan stated that improvements in the BNB network lead to extra capacity, faster and lower-fee transactions, which is why developers prefer the network.
“The BNB Chain team aims to create a secure, user-friendly platform for developers and the end user. Our vision is to bring Web3 technology to 1 billion people.”
The Binance Smart Chain team has launched several programs to subsidize transaction fees of up to $10 million for the development of Web3-based decentralized applications (DApps).
What is the 2023 Goal of the BNB Chain Team?
Binance’s blockchain network BNB Chain’s biggest goal for next year is to launch the zkBNB mainnet. Authorities are also working on various hackathlon events and the Web3 blockchain storage system.
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