Tron Network Flips BNB Chain for Top 3 Blockchain in TVL

Tron maintains TVL level while small dip from BNB Chain pushed Tron ahead.

Tron Surpasses BNB Chain

Tron Network has surpassed BNB Chain to become the third-largest blockchain outside of Ethereum and Bitcoin.

Tron Network overcame BNB Chain on January 2-3, maintaining a total volume locked (TVL) of $4.15 billion USD. BNB Chain sits just behind at $4.08 billion USD. The difference is marginal but notable. BNB Chain held firm behind Ethereum for almost all of 2022.

Source

BNB Chain has been on a steady decline over the last few months. BNB Chain had over $6B in TVL in November 2022, while Tron Network has hovered between $4B-5B in TVL in the last two months.

Tron Network recently integrated BUSD, the stablecoin of Binance. The pegged version of BUSD has surpassed $101M in TVL just in the past week since integration.

What is BNB Chain:

Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.

Find more about BNB Chain here:

Website | Twitter | Discord | Telegram | GitHub |

What is TRON Network:

Tron is an open-source blockchain-based decentralized digital platform with its own cryptocurrency, called Tronix or TRX. Established in 2014 by Justin Sun and founded in 2017 by a Singapore non-profit organization, Tron Foundation aims to host a global entertainment system for the cost-effective sharing of digital content.

Where to find TRON Network:

Website | Twitter | Telegram | Discord | Medium |

Source : bsc.news

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