2021 has proven to be a promising year for Binance Smart Chain (BSC). With a recorded 2.6 billion transactions and 126 million new addresses spanning 1,150 top-rated projects, BSC has made quite the impression.
Due to this chain’s low latency and large capacity (both of which are required for high-quality Web3.0 applications), it is evident that more users and dApp developers are opting for BSC. On multiple days over the past week, BSC’s on-chain data has shown significantly more daily transactions than Ethereum’s 2021 record high of 1.7 million. BSC is prioritizing multi-chain development and investing in its systems with the goal of hosting a billion new users. Because of an astounding performance in total locked value and a DEX trading volume of $300 billion, users have good reason to use the Binance ecosystem.
On January 11th, BSC tweeted about their growth goals:
Intending to host a billion new users on BSC, we must focus on scalability, and @cryp7omaxi introduced how to achieve that.
We need to think about the requirements from the infrastructure perspective, and BSC will move towards a multi-chain future. pic.twitter.com/n6KLDXqvBn— Binance Smart Chain (@BinanceChain) January 11, 2022
The Binance Data and Research Team shared these numbers as a segment of one of their January live streams. What was initially created for cross-chain compatibility, BSC is now dominating the industry of digital assets management and dApp development. It’s clear to see that 2022 is going to be another record year for BSC!
Source : bsctimes.com
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