Recently, as the price of #bnb surged to a new high, the BNB Chain (formerly #BSC ) also reached a new milestone! Network activity, trading volume, and Gas consumption have all skyrocketed, and the entire ecosystem is flying 🚀#BNBChainMeme热潮
🔥 Gas usage skyrocketed, surpassing 50 trillion in a single day
On Wednesday, the Gas consumption on the BNB Chain soared to 50.2 trillion, setting a new historical record! Compared to Tuesday's 41.7 trillion, it broke the ceiling in just one day.
Since the beginning of this month, the average daily Gas usage on BSC has steadily exceeded 20 trillion, indicating that on-chain activity and ecosystem adoption are rapidly growing.
At the same time, BNB Chain launched a standard Gas price of 0.05 Gwei, which has been fully adopted by partners such as Binance, Binance Wallet, Trust Wallet, and DEX Aster, directly reducing transaction costs to 0.005 dollars per transaction 💸
⚡ Blocks are faster, transactions cheaper
As early as late September, BNB chain validators proposed to lower Gas fees and accelerate block speed. The plan includes:
The minimum Gas price dropped from 0.1 Gwei to 0.05 Gwei
Block interval shortened from 750 milliseconds to 450 milliseconds
This series of measures has continued the optimizations since April 2024, with immediate effects:
Median transaction fee decreased by 75%
Daily trading volume skyrocketed by 140%, exceeding 12 million transactions
Swap-related transactions accounted for 67%, soaring from 20% at the beginning of the year
Now that the new standards are fully implemented, the shining moment of 50 trillion Gas has accompanied 24 million swap transactions, accounting for 77% of the entire network's activity! 🔥
🌐 BNB chain DEX activity crushes competitors
BNB chain's performance in decentralized exchanges (DEX) is also very impressive:
Daily trading volume once reached 6.05 billion dollars, surpassing #solana (4.73 billion) and Ethereum (3.88 billion)
Daily trading fees are 5.57 million dollars, about 140% higher than Ethereum and Solana
Although the daily trading volume of BSC DEX was slightly surpassed by Ethereum on Thursday, the number of active addresses still firmly ranked second, reaching 2.54 million 🏆
💰 IDO investment returns exploded
Binance wallet also shone in investments at #IDO :
September investment return (ROI) reached a historic high of 7,976%
Among the top ten tokens with the highest ROI, 7 are from the BNB chain
The highest historical return even reached 2,000 times 😳
📈 BNB price skyrocketed
Driven by the flourishing ecosystem, BNB continues to break through multiple price barriers. After experiencing capital rotation in Solana, it surged directly to a new high of 1,330 dollars yesterday 💎
💡 Summary:
BNB chain's Gas optimization, trading activity, DEX trading volume, and investment return are all explosively increasing, with vibrant ecological vitality. BNB is not just about price increases; the on-chain momentum behind it is what really matters!
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