Binance Smart Chain Updates November week 2

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

Tron and BitTorrent will now integrate Binance Smart Chain to BitTorrent Chain (BTTC). Let’s take a look at these Binance Smart Chain Updates in detail.

1 – Binance Smart Chain (BSC) Set New ATH

Binance Smart Chain (BSC) has a new all-time-high (ATH) of over 2.13 million BSC daily active addresses.

It’s important to note that this is an impressive achievement as BSC recently celebrated achieving a daily ATH of 1.62 million BSC daily active addresses. It also emphasizes the upward trajectory that the platform is on.

2 – Tron and BitTorrent Collaborate with Binance Smart Chain

Tron and BitTorrent have revealed that they are collaborating with Binance Smart Chain for their cross-chain scaling project, BitTorrent Chain (BTTC).

According to the annoucement, the protocol has certain advantages such as:

  • Moving cross-chain resources on BSC and BTTC.
  • Managing the interaction of BTT and TRON users with the cross-chain DeFi ecosystem.
  • Carrying out cost-effective and fast transfers with the safety of assets.

Samy Karim, the Lead Coordinator of BSC, said: “With this integration, millions of BitTorrent and Tron users can access the NFT, GameFi, and Infra projects building on BSC while BSC users’ can interact with dApps building on top of the Tron network.”

3 – Gelato Network Partners with Binance Smart Chain (BSC)

Gelato Network, known as an automation layer of DeFi, is focused on designing the background framework that will help Web3 be better leveraged for automation. Therefore, the platform has partnered with BSC to facilitate automation for users.

According to the annoucement, Sorbet Finance is the first dApp to utilize Gelato Network on BSC. It commenced this addition with Limit Orders for PancakeSwap users.

“…Our goal is to make it as simple as possible for dapp developers on BSC to automate their smart contract DevOps chores or to build completely new automated features using Gelato’s proven infrastructure,” commented Luis, a Legendary Member of Gelato Network.

4 – Top-rated Decentralised Applications On BSC

The top-rated decentralized applications (dApps) on BSC are based on the number of transactions carried out by the dApp within a 24-hour timeframe. This report was shared on Thursday, the 4th of November.

According to the report, PancakeSwap topped the chart with 2.76 million transactions.

In addition, other dApps on the list were:

  • Biswap with 98.98k transactions.
  • ApeSwap with 95.94k transactions.
  • 1inch Network BSC with 59.03k transactions.

$BNB Price Information

At the time of publication, the $BNB price was USD 646.17 with a 24-hour trading volume of USD 2.2 billion and a current marketcap of USD 108 billion. The $BNB price also rose by 0.3% over the last 24 hours. Besides, it has a circulating and total supply of 170 million tokens.

We hope you’ve learned from the latest Binance Smart Chain Updates.

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