BNB Coin’s Entry into Top 3? Lorentz Testnet Hard Forks Are Complete.
#BNB Chain has completed the Lorentz testnet hard forks just as BNB Coin breaks out of a year-long technical pattern, signaling a potential price rally.
The BNB Chain successfully executed the Lorentz testnet hard forks, a development poised to bring faster transaction speeds and improved blockchain responsiveness.
This coincides with the ecosystem’s native cryptocurrency, BNB Coin (BNB), breaking out of an year-old ascending triangle range, hinting at a possible rally.
The update, revealed in a tweet posted on April 10, reduces opBNB block times down to 0.5 seconds and BSC testnet blocks to 1.5 seconds.
The BNB team has urged all node operators and dApp developers to upgrade their systems and test application compatibility for a seamless integration.
According to the official schedule, the opBNB mainnet hardfork is scheduled for April 21 at 03:00 AM UTC, followed by the BSC mainnet hardfork on April 29 at 05:05 AM UTC.
If the upgrades roll out successfully, the chain’s overall throughput could see a major uptick.
