Important metrics suggest BNB chain harbors a great deal of community attention, but there will be an understanding that innovation is the key to long-term interest.
BNB Chain Asserts Dominance
BNB Chain has seen a significant resurgence among the layer one giants as the broader crypto market enjoys a long-awaited recovery.
Metrics exclusively shared with BSC News by BNB Chain reveal several factors showing how the blockchain continues to remain a user favorite. Metrics like social dominance, user base, user retention, and GameFi offerings highlight BNB Chain’s dominance.
User retention metrics on Dune Analytics appear to show that BNB Chain’s ability to retain users over a weekly period is set at 45% – 50% which makes for promising reading when comparatively considering Ethereum’s 20% – 30% on the same gauge.
BNB Chain intriguingly remains at the top when concerning social interactions online on specific chains. The chain is never short of innovation or headlines. It continues to innovate both internally and in terms of projects it helps nurture, ensuring that it remains relevant and important for everyday users.
One of the most important metrics that BNB Chain has always impressed in is that of its user base which keeps growing at a rate that ensures it remains on top. With the latest introduction of BEP131 set to strengthen how validators operate on the chain, it appears BNB Chain is pushing further ahead and will remain on the lips of both developers and users. BSC News will be following these metrics closely as the broader market continues to recover.
What Is BNB Chain
BNB Chain is a community-driven, decentralized and censorship-resistant blockchain, powered by BNB. It consists of BNB Beacon Chain and BNB Smart Chain, which is EVM compatible and facilitates a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
For more information on BNB Chain these links:
Source : bsc.news
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