BNB Updates | BNB Chain Attains Milestone | May Week 4

Every week, there are updates happening in the BNB Chain ecosystem. Therefore, Altcoin Buzz covers some of the updates from the fourth week in May to keep readers informed.

Last week, the BNB Chain ecosystem announced the attainment of a new milestone. We also take a look at the top gainers in the ecosystem. Let’s examine these new updates.

1 – BNB Chain Ecosystem Attains Milestone

On Sunday May 29, the BNB Chain ecosystem revealed it has attained a milestone of three billion total transactions on its blockchain.

Besides, this is an impressive achievement as the ecosystem has been in existence for less than two years. Also, it shows the quality of work being done on the blockchain.

2 – Price Performance of Projects on BNB Chain

During the week, crypto data platform CoinGecko revealed the price performance of projects (top gainers) on the ecosystem. Besides, the report covers a 24-hour time frame on May 30.

  • Feed Every Gorilla ($FEG) holds the most gain. It amassed a 24.6% increase in price performance within the specified time frame.
  • Faraland ($FARA) comes in second place. It recorded a 19.5% increase in price performance within the 24-hour time frame.
  • StarSharks ($SSS) is in third place on the list. It had an 18.3% increase in price performance within the specified time frame.
  • Everdome ($DOME), a Metaverse 3.0 project, comes in fourth place. It had a 15.1% increase in price performance within the 24-hour time frame.
  • Chromia ($CHR), a public blockchain platform powered by Rell, completes the top five. It had a 13.9% increase in price performance within the specified time frame.

3 – NodeReal Announces Collaboration With Celer Network

Thirdly, NodeReal, a one-stop blockchain platform, has collaborated with Celer Network, a blockchain interoperability protocol. Accordingly, the partnership will involve the following:

  • Both platforms will work together to increase the adoption of Celer Network’s cross-chain messaging protocol and its Layer 2 scaling system.
  • They will also provide sidechains with scalable blockchain solutions. This initiative will commence with the BNB Application Sidechain (BAS). There are plans to roll out the first BAS Testnet. As well as, to put in place a framework for developing sidechains on BNB Chain.
  • Additionally, NodeReal will become a validator of the State Guardian Network (SGN) on Celer Network.

4 – Top BNB Chain Projects by Altrank

Finally, a recent LunarCrush report covered the Altrank of BNB Chain projects (within the BNB Chain ecosystem). According to the report:

  • Baby Doge ($BABYDOGE) takes the first position as the best-ranked project by Altrank.
  • Leonicorn Swap ($LEOS) is the second project on the BNB Chain, according to its Altrank.
  • PitBull ($PIT) is the third project on the BNB Chain Altrank.
  • CateCoin ($CATECOIN) is in fourth place on the Altrank of BNB Chain projects.
  • Zombie Inu ($ZINU) is in fifth place on the Altrank of BNB Chain projects.

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

$BNB Coin Price Analysis

As of the time of writing, the BNB price was $319.01 with a 24-hour trading volume of $1,726,752,857. Besides, BNB’s price rose by 0.7% over the last 24 hours. It also has a circulating supply of 168 million BNB coins and a total supply of 168 million.

We hope you’ve enjoyed the latest updates.

⬆️For more cryptocurrency news, check out the Altcoin Buzz YouTube channel.

⬆️Find the most undervalued gems, up-to-date research, and NFT signs with Altcoin Buzz Access. Join us for $99 per month now.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.