This BNB chain Weekly is provided solely for informational purposes and does not constitute investment advice. Last week, the price of $BNB recovered significantly after the news of Binance partnering with Tiktok Star, Khaby Lame. In addition to that news, the BNB chain has a lot of other notable news.
The total value locked on the BNB chain has increased over the past week. The TVL of the current ecosystem is around $6.2 billion. TVL of the BNB chain slightly recovered, as the ecosystem had some positive news.
The total supply of stablecoins on the BNB chain is currently $8.37B. It did not change much vs. last week.
In which, $BUSD accounted for 57.32% with a supply of $4.82B, $USDC accounted for 22.36% with a supply of $1.88B,$USDT accounted for 14.78% with a supply of $1.24B. The rest are other stablecoins accounting for about 5%.
This week, the BNB chain ecosystem has 26.6m transactions, an average daily transaction of 3.8m transactions. This result did not change much from last week, with the number of transactions in week 25 being 26.8m transactions. When the market is sideways, trading becomes less attractive.
The number of unique BNB chain addresses continued to grow significantly this week. Specifically, there are now more than 172.7m unique addresses in the BNB chain ecosystem. The number of new addresses created this week is 1.9m. The number of new addresses made this week is about 5.55% vs. last week.
BNB chain addresses were active from Jun 27th to July 3rd, with around 813k – 1,000k active addresses per day, not change much from the number of active addresses per day of week 24.
%Staking/ Cir. Supply is 11.34% which is the same last week.
Binance partnered with famous Tik Toker Khaby Lame to join the team as a global brand ambassador.
More information: click here
Join the Binance 5th birthday event with a minimum holding of 0.1 BNB to win a limited-edition Mystery Box Collection!
More information: click here
Binance invested in Magic Square – a community-driven multi-chain crypto app store.
More information: click here
Pancake add a new utility for the betting product. Users can use $CAKE for participant Prediction.
Biswap adds more incentive to 4 pools with high APY.
Hot Cross launched the locked pool with 2 pairs.
Above is the critical information in the past week on the BNB chain ecosystem. Although crypto winter has arrived, the projects on the BNB chain are constantly evolving. A significant number of new projects were launched. Most of these projects are in the field of Gaming, Metaverse. It shows that the Gaming/NFT segment is still very active on the BNB chain.
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
Find more information about the BNB chain
Website: https://www.binance.com/en
Whitepaper: https://www.binance.org/#smartChain
Twitter: https://twitter.com/binance
Telegram: https://www.binance.com/en/community
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Marcus
Coincu Ventures
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