BNB Chain Updates | BNB Chain Ecosystem Approaches New Milestone | May Week 1

After every week, there are new updates from the BNB Chain ecosystem. To keep readers informed, Altcoin Buzz covers some of the main updates from the first week of May.

During the week, BNB Chain revealed it’s approaching a new milestone. We also cover the top gainers on the BNB Chain ecosystem. Let’s examine these updates.

1 – Ecosystem Approaches New Milestone

During the week, the BNB Chain ecosystem announced it has completed over 2.9 billion transactions on its blockchain.

Besides, this means the ecosystem is approaching the 3 billion transaction milestone. This is an impressive achievement as the ecosystem has existed less than two years. It also reveals the upward trajectory that the platform is on.

2 – Price Performance of Major Projects

Last week, a CoinGecko report revealed the price-performance (top gainers) in the platform’s ecosystem. Besides, the report covers a seven-day time frame. The projects include:

  • Everdome ($DOME) enjoyed the best price performance within the seven-day time frame. It had an 82% rate of increase in price performance.
  • GameZone ($GZONE) has the second-best price performance within the specified time frame. It had a 54.5% rate of increase in price performance.
  • StarSharks ($SEA) is in third position within the seven-day time frame. It had a 35.6% rate of increase in price performance.
  • VelasPad ($VLXPAD) and Meme ($MEME) are tied for fourth within the specified time frame. They had an 18.9% rate of increase in price performance.

3 – Top Projects by Altrank

Finally, a LunarCrush report revealed the latest Altrank of BNB Chain projects (within BNB Chain). According to the report:

  • PitBull ($PIT) tops the chart. It’s the best-ranked project.
  • Kiba Inu ($KIBA) is the second-ranked project on the blockchain.
  • MOBOX ($MOBOX) is the third-ranked project by Altrank.
  • EverRise ($RISE) comes in fourth on the Altrank rankings for the blockchain.
  • MetaHero ($HERO) completes the top five of the Altrank rankings on BNB Chain.

Besides, it’s important to note that Altrank measures a project’s community, as well as its traction, and compares it to the crypto market.

$BNB Coin Price Analysis

As of the time of publication, the BNB price was $320.85 with a 24-hour trading volume of $4,153,745,417. BNB price also dropped by 6.1% over the last 24 hours. Besides, it has a circulating supply of 168 million coins with a total supply of 168 million.

We hope you’ve enjoyed the latest BNB Chain news.

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