At the end of every week, there are updates from the BNB Chain ecosystem. To keep readers informed, Altcoin Buzz covers some of the important updates from the second week of April.
Last week, the BNB Chain ecosystem announced a new milestone. We’ll take a look at the price performance of projects on the BNB Chain ecosystem. Let’s take a look at these BNB Chain Updates.
1 – BNB Chain Attain New Milestone
During the week, BNB Chain announced the attainment of a new milestone. The platform now has 150 million unique addresses, which is an impressive achievement.
— BNB Chain 🔶 (@BNBCHAIN) April 10, 2022
In recent times, the BNB Chain ecosystem also celebrated 2.7 billion total transactions on the platform.
2 – Price Performance of BNB Chain Projects
Last week, a CoinGecko report revealed the price-performance (top gainers) of projects on the BNB Chain ecosystem. Notably, the report covers a seven-day timeframe:
- Marvin Inu ($MARVIN) recorded the most gain during the timeframe covered. It had a 171% rate of increase in price performance.
- Biswap ($BSW) has the second-most increase within the seven-day timeframe. It amassed a 92.5% rate of increase in price performance.
- WIRTUAL ($WIRTUAL), an Exercise to Earn application has the third-most increase within the seven-day timeframe. It had an 88.7% rate of increase in price performance.
- vEmpire DDAO ($VEMP) is fourth within the seven-day timeframe. It had a 74.9% rate of increase in price performance.
- BabySwap ($BABY) completes the top five. It had a 64.3% rate of increase in price-performance within the seven-day timeframe.
TOP GAINERS IN #BNBCHAIN ECOSYSTEM LAST 7 DAYS🚀
🥇 $MARVIN @Marvin_Inu
🥈 $BSW @Biswap_Dex
🥉 $WIRTUAL @WIRTUALapp $VEMP @vEmpireDDAO $BABY @babyswap_bsc $BAKE @bakery_swap $ALPHA @AlphaVentureDAO $BNX @binary_x $VLXPAD @VelasPad $SSS @StarSharks_SSS 🔥#BNB #WEB 🎉 pic.twitter.com/VmNhSQPORz
— BSCDaily (@bsc_daily) April 5, 2022
3 – BNB Chain Projects Based on Altrank
During the week, a LunarCrush report also revealed the latest rankings of BNB Chain projects based on their Altrank. According to the report:
- PancakeSwap ($CAKE) is in 3rd position, which is the highest-ranked BNB Chain project.
- MOBOX ($MBOX) is the second-ranked BNB Chain project, it’s in 5th place.
- Pitbull ($PIT) is the third-ranked BNB Chain project in 15th place.
- Dotmoovs ($MOOVS) is the fourth-ranked BNB Chain project in 21st place.
Besides, it’s important to know that Altrank measures a project’s community and traction, then compares it to the entire crypto market.
TOP #BNBCHAIN PROJECTS BY ALTRANK™🚀
🥇 $CAKE @PancakeSwap
🥈 $MBOX @MOBOX_Official
🥉 $PIT @BscPitbull$MOOV @dotmoovs $MARVIN @Marvin_Inu $REVO @RevomonVR $CELL @cellframenet $PULI @Puli_Token $BAS @ApeBlock $CATE @catecoin 🎉#BSC #BNB 🔥 pic.twitter.com/79EWFtYB5I
— BSCDaily (@bsc_daily) April 4, 2022
4 – BNB Chain DeFi Projects Weekly Performance
Finally, we’ll take a look at last week’s performance of DeFi projects on the BNB Chain ecosystem. Based on the report:
- CBridge had one of the best performances during the week. It had a 312% increase in terms of WOW performance, as well as, a TVL (Total Value Locked) of 161 million.
- Biswap ($BSW) also had $661 million in TVL (Total Value Locked) and a 28.7% increase in terms of WOW performance.
- Stargate ($STG) is also on the list of top-performing BNB Chain DeFi projects for last week. It had $794 million in TVL (Total Value Locked), as well as, a 2.1% increase in terms of WOW performance.
Besides, the chain had a total of $38.61 million in total transactions within the week and 13.79 billion in Total Value Locked (TVL).
Weekly #DeFi report just dropped!🤩
— BNB Chain 🔶 (@BNBCHAIN) April 8, 2022
$BNB Coin Price Outlook
As of the time of publication, the BNB price was $426.97 with a 24-hour trading volume of $1,160,998,989. BNB price also rose by 0.6% over the last 24 hours. Besides, it has a circulating supply of 170 Million BNB coins and a total supply of 168 Million.
We hope you’ve enjoyed the latest BNB Chain news.
⬆️Get $125 for signing up with MEXC Exchange (FREE $25 in your MEXC wallet + 1 month ACCESS PRO membership (worth $99). MEXC supports U.S Traders in all trading pairs and services.
⬆️Find the most undervalued gems, up-to-date research and NFT buys with Altcoin Buzz Access.
⬆️ For more cryptocurrency news, check out the Altcoin Buzz YouTube channel.