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BNB Chain Exhibits Steady Activity Growth in Q4 of 2022

Published 2023-02-06, 05:10 a/m
© Reuters.  BNB Chain Exhibits Steady Activity Growth in Q4 of 2022
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Coin Edition -

  • Messari published the Q4 activity reports of BNB Chain.
  • As per the reports, the blockchain had a steady activity growth despite the crypto winter.
  • The average active addresses and transactions grew by 30% and 0.2%, respectively.

As per the latest report of Messari, the leading crypto market intelligence provider, BNB Chain, the Binance native blockchain, had been exhibiting steady activity growth in the fourth quarter of the last year, aiming to become more successful in 2023, despite the challenging conditions of the crypto winter that shook the year.

Notably, Messari released the “State of BNB Chain Q4 2022” report, which suggested that:

Despite the market headwinds in Q4, BNB Chain continued with an aggressive strategy to deploy financial and human capital across its ecosystem.

In addition, the platform stated that the ecosystem developments have contributed to resisting the downward trend of the average daily active addresses and transactions and helped to have a hike by 30% and 0.2%, respectively.

Significantly, the platform narrated the major cause of the crypto winter that haunted the crypto space throughout the year. It said that the ma…

The post BNB Chain Exhibits Steady Activity Growth in Q4 of 2022 appeared first on Coin Edition.

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