BNB Chain Updates

Every week, there are several updates from the BNB Chain ecosystem. To keep readers informed, Altcoin Buzz covers some of the updates from the third week of April.

During the week, the Ceek BNB Chain Wallets went live. We also cover some performance indicators of the BNB Chain ecosystem. Let’s take a look at these BNB Chain Updates.

1 – Ceek BNB Chain Wallets is Live

Ceek, a virtual concert, metaverse, live sports, 360VR streaming platform on blockchain announced that its Ceek BNB Chain Wallets are now live.

This is an impressive development as Ceek carried out deeper integration with BNB Chain to make this possible. It also means that users can leverage $CEEK for virtual event tickets, VR experiences, and for Ceek Metaverse NFTs.

2 – Price Performance of BNB Chain Ecosystem Projects

During the week, CoinGecko reported the price-performance of projects on the BNB Chain ecosystem. Besides, the report covers a seven-day period:

  • POODLETOKEN ($POODL) has the best price performance for the week. It experienced a 51% rate of increase in price performance.
  • Hamster Coin ($HAM) closely follows in second place with a 49.5% rate of increase in price performance.
  • Kyber Network ($KNC) comes in third place. It had a 32.1% rate of increase in price performance.
  • Dego Finance ($DEGO) is in fourth place with a 28.4% rate of increase in price performance.
  • Alpaca Finance ($ALPACA) completes the top five with a 25.5% rate of increase in price performance.

3 – Weekly Performance of BNB Chain DeFi Projects

We’ll also take a look at the performance of the BNB Chain DeFi projects. The report states that:

  • Alpaca Finance ($ALPACA) had the most TVL (Total Value Locked) at the end of the week. It had a TVL of $851 million and an 8.9% increase for WOW performance.
  • Biswap ($BSW) also appeared on the report with the second-most TVL (Total Value Locked) for the week. It had a TVL of $661 million and a 10.7% increase for WOW performance.
  • Valas Finance ($VALAS) has a TVL (Total Value Locked) of $200 million and a 12.2% increase in terms of WOW performance.

In addition, the ecosystem had 32.04 million transactions during the week and 13.47 billion in Total Value Locked (TVL).

4 – BNB Chain Projects by Altrank

Finally, LunarCrush also revealed the latest Altrank of BNB Chain projects. Based on the report:

  • Dego Finance ($DEGO) is the best-ranked BNB Chain project, it’s in 2nd
  • Alpaca Finance ($ALPACA) is the second-best BNB Chain project, it’s in 10th
  • RichQuack ($QUCK) is the third-ranked BNB Chain project in 11th
  • BabyDogeCoin ($BABYDOGE) is the fourth-ranked BNB Chain project in 12th

Notably, Altrank measures a project’s community and traction and compares it to the crypto market.

$BNB Coin Price Outlook

As of the time of publication, BNB price was $405.57 with a 24-hour trading volume of $1,312,944,594. BNB price also dropped by 2.5% 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.

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