#AmericanBitcoin发布会

#BNBChain Explosion The explosion of BNB Chain mainly occurred around 2021. Below are the reasons and manifestations of its explosion:

Reasons for Explosion

- Opportunities created by Ethereum congestion: After the “DeFi Summer” in June 2020, the demand for interaction on Ethereum surged, Gas fees skyrocketed, prompting a large number of applications and users to seek cheaper and more efficient public chain platforms. BNB Chain was launched at this time, effectively accommodating the overflow demand from Ethereum.

- Strong support from Binance: Binance announced the establishment of a $100 million seed fund to support DeFi projects and developers on BNB Chain, promoting the coordinated development of CeFi and DeFi ecosystems.