Binance Smart Chain News November week 1

There have been some exciting developments in the Binance Smart Chain ecosystem lately. To keep followers informed, Altcoin Buzz looks back at the most critical BSC updates from last week.

During the first week of November, the Binance Smart Chain (BSC) ecosystem reached an unprecedented number of completed transactions since inception. Also, the top decentralized applications on BSC were revealed. Let’s take a look at these BSC updates in detail.

1 – Binance Smart Chain Reach Outstanding Number of Completed Transactions

During the week, the BSC ecosystem announced that the total completed transaction on their blockchain had gone beyond 1.5 Billion. This astonishing achievement comes with the ecosystem being just over a year in existence.

Adding to this report and showing signs of an upward trend, recent reports also revealed that the BSC platform completed a daily average of 8.64 million transactions over the past week.

2 – Top-rated Decentralised Applications On BSC

The top-rated decentralized applications (dApps) on the Binance Smart Chain (BSC) were based on the volume of the dApps in the ecosystem within the space of one week.

According to the report, Venus Protocol topped the chart with USD 6.87 billion in volume within a week. Also, Alpha Finance had USD 2.98 billion in volume.

In addition, other dApps on the list were:

  • PancakeSwap with USD 1.23 billion in volume.
  • MDEX BSC with USD 985.21 million in volume.
  • Biswap with USD 635.43 million in volume, among others.

3 – Alien Worlds Roll Out NFT Game on BSC

During the week, Alien World, a GameFi project, was announced the release of a new NFT game on the Binance Smart Chain (BSC) platform. The new Alien World Missions game also has these features:

  • Allows players to transport their spacecraft across the Metaverse during a challenge and receive rewards in the form of NFT gaming cards on BSC and Trillium.
  • The game also includes NFT cards on the BSC platform, which has numerous Metaverse capabilities.

“The launch of the Missions game on the Binance Smart Chain (BSC) blockchain marks a historic time for the Alien Worlds Metaverse, which has seen more than 3.6 million players generating more than 11 million daily plays in Alien Worlds so far.” reports stated.

4 – Highest TVL Gaining Projects on BSC

In the crypto space, Total value locked (TVL) is the total amount of digital assets held in DeFi protocols, giving interests and other rewards.

During the week, reports revealed the highest gaining projects on the BSC ecosystem. The report also focused on a seven-day scope within the week. Topping the list was Cross Pool, with a USD 29.44 million TVI and 165.38% TVL increase. Also, other notable projects were:

  • ACryptoS with USD 209.5 million TVI and 70.63% TVL increase
  • Zoo-Crypto World with USD 2.45 million TVI and 61.11% TVL increase, among others.

$BNB Price Information

As of writing, the $BNB price was USD 553.45 with a 24-hour trading volume of USD 2,3 billion. Also, the $BNB price increased by 2.7% over the last 24 hours. Besides, it has a circulating and total supply of 168.1 million tokens.

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