Uncategorized
BNB Chain Weekly Recap | Jul 3rd – Jul 11th, 2022
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 Trade Bitcoin For Free, MOU at Cambodia, Spain, and the Republic of Côte d’Ivoire.
NETWORK GROWTH
Total Value Lock
The total value locked on the BNB chain has increased over the past week. The TVL of the current ecosystem is around $6.27 billion. TVL of the BNB chain slightly recovered!
Stablecoin Supply
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 57.4% with a supply of $4.83B, $USDC accounted for 22.37% with a supply of $1.88B, and $USDT accounted for 14.80% with a supply of $1.24B. The rest are other stablecoins accounting for about 5%.
Daily Transaction
This week, the BNB chain ecosystem has 29.01m transactions, an average daily transaction of 3.63m transactions. This result did not change much from last week, with the number of transactions in week 26 being 26.6m.
Unique Wallets
The number of unique BNB chain addresses continued to grow significantly this week. Specifically, there are nearly 174.2m unique addresses in the BNB chain ecosystem. The number of new addresses created this week is 1.5m. The number of new addresses made this week is about -21% vs. last week.
Active Wallets
BNB chain addresses were active from Jun 27th to July 3rd, with a 901k avg. active addresses per day, not change much from the number of active addresses per day of week 26.
%Staking/ Cir. Supply
%Staking/ Cir. Supply is 11.32% which is the same as last week.
Highlight Events
Binance Turns Five
To celebrate its 5th anniversary, Binance provided its users with a series of service offerings in the last week. Notably, on 1 July, Binance NFT Marketplace launched the “Binance 5th Anniversary” Mystery Box Collection, featuring five unique Binance-themed designs and two promotions. Also, on July 6, Binance announced zero-fee trading for 13 BTC spot trading pairs.
FC Porto: The 30th Champions
On 4 July, Binance NFT Marketplace launched the “FC Porto: The 30th Champions” NFT Mystery Box Collection. The collection featured key player moments from their successful 9th Dobradinha season and highlights from their journey of winning the national league and the national cup.
Ecosystem Update
- Binance Responds to China Data Hack by Strengthening User Verification
- Binance Secures Virtual Asset Service Provider Registration in Spain
- Binance Code gives businesses the ability to reward loyal customers with crypto while also bringing on new clients.
- Cz met with the President of the Republic of Côte d’Ivoire to discuss the integration of crypto in the country
Stack Lego
DEX
Pancake
Meet Zap: PancakeSwap’s New Liquidity Provisioning Feature
PankcakeSwap Launches First Fixed-Term CAKE Staking Benefit: iCAKE
Biswap
Biswap has just launched an array of benefits and incentives for users of the Decentralized Exchange (DEX).
Lending
Venus Protocol
Venus Protocol Brings Out New-Look Tokenomics 4.0 Proposal
Wallet
Okse Wallet and Card allows users to make purchases in numerous shops using their crypto assets.
NFT – Gaming Project
Ookeenga
Ookeenga Debuts Genesis Cocoon Sale on Binance NFT
Elemon
Elemon Concludes Boss Guild Season 1, Updates Roadmap
BurgerCities
BurgerCities: Early MetaFi Game on BNB Chain
SecondLive
SecondLive Kicks off Uniform Design With BNB Chain Mystery Box Campaign: The campaign attracted nearly 2 million entries and included 1,500 mystery box winners.
Verdict
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 [email protected].
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
Uncategorized, Crypto Recap
BNB Chain Weekly Recap | Jul 3rd – Jul 11th, 2022
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 Trade Bitcoin For Free, MOU at Cambodia, Spain, and the Republic of Côte d’Ivoire.
NETWORK GROWTH
Total Value Lock
The total value locked on the BNB chain has increased over the past week. The TVL of the current ecosystem is around $6.27 billion. TVL of the BNB chain slightly recovered!
Stablecoin Supply
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 57.4% with a supply of $4.83B, $USDC accounted for 22.37% with a supply of $1.88B, and $USDT accounted for 14.80% with a supply of $1.24B. The rest are other stablecoins accounting for about 5%.
Daily Transaction
This week, the BNB chain ecosystem has 29.01m transactions, an average daily transaction of 3.63m transactions. This result did not change much from last week, with the number of transactions in week 26 being 26.6m.
Unique Wallets
The number of unique BNB chain addresses continued to grow significantly this week. Specifically, there are nearly 174.2m unique addresses in the BNB chain ecosystem. The number of new addresses created this week is 1.5m. The number of new addresses made this week is about -21% vs. last week.
Active Wallets
BNB chain addresses were active from Jun 27th to July 3rd, with a 901k avg. active addresses per day, not change much from the number of active addresses per day of week 26.
%Staking/ Cir. Supply
%Staking/ Cir. Supply is 11.32% which is the same as last week.
Highlight Events
Binance Turns Five
To celebrate its 5th anniversary, Binance provided its users with a series of service offerings in the last week. Notably, on 1 July, Binance NFT Marketplace launched the “Binance 5th Anniversary” Mystery Box Collection, featuring five unique Binance-themed designs and two promotions. Also, on July 6, Binance announced zero-fee trading for 13 BTC spot trading pairs.
FC Porto: The 30th Champions
On 4 July, Binance NFT Marketplace launched the “FC Porto: The 30th Champions” NFT Mystery Box Collection. The collection featured key player moments from their successful 9th Dobradinha season and highlights from their journey of winning the national league and the national cup.
Ecosystem Update
- Binance Responds to China Data Hack by Strengthening User Verification
- Binance Secures Virtual Asset Service Provider Registration in Spain
- Binance Code gives businesses the ability to reward loyal customers with crypto while also bringing on new clients.
- Cz met with the President of the Republic of Côte d’Ivoire to discuss the integration of crypto in the country
Stack Lego
DEX
Pancake
Meet Zap: PancakeSwap’s New Liquidity Provisioning Feature
PankcakeSwap Launches First Fixed-Term CAKE Staking Benefit: iCAKE
Biswap
Biswap has just launched an array of benefits and incentives for users of the Decentralized Exchange (DEX).
Lending
Venus Protocol
Venus Protocol Brings Out New-Look Tokenomics 4.0 Proposal
Wallet
Okse Wallet and Card allows users to make purchases in numerous shops using their crypto assets.
NFT – Gaming Project
Ookeenga
Ookeenga Debuts Genesis Cocoon Sale on Binance NFT
Elemon
Elemon Concludes Boss Guild Season 1, Updates Roadmap
BurgerCities
BurgerCities: Early MetaFi Game on BNB Chain
SecondLive
SecondLive Kicks off Uniform Design With BNB Chain Mystery Box Campaign: The campaign attracted nearly 2 million entries and included 1,500 mystery box winners.
Verdict
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 [email protected].
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
