BNB Chain (BNB) has surpassed Ethereum (ETH) in terms of unique wallet addresses and has achieved the status of the second network with the most unique addresses after Bitcoin (BTC).
Shared by BNB Chain and “Annual EvaluationIn the official blog post called ”, it was stated that the number of unique addresses on the network has surpassed Ethereum to become the largest blockchain in the world. However, there is inconsistency in the claim of “the world’s largest tier 1 blockchain”.
On-chain data, Bitcoin network With over 1 billion unique addresses reveals that it still has more unique users than both the Ethereum network and the BNB network, and maintains its “largest network” status.
At this point, the definition of “second largest network” for BNB Chain may be more accurate. According to the data, Ethereum is currently 217 million BNB Chain has more unique addresses 233 million seems to have passed. Also, BNB Chain will launch in May 2022. Transaction volume reaching 9.8 million and in October 2.2 million daily active users It broke new records with its number of
In addition, the BNB network was only available in Q3. $7.6 billion in total locked assets (TVL) by value decentralized finance (DeFi) significantly increased its dominance.
Another important development on the side of BNB Chain this year is “Builder Grant” program. BNB Chain Web3 on you decentralized apps (Dapps) introduced various developer support programs such as Builder Grant and “$10M Transaction Fee Incentive” to support its growth.