The binance smart chain ecosystem always has developments every week. Therefore, to keep you informed, Altcoin Buzz looks back at the latest BSC updates from last week.
Binance Smart Chain (BSC) is gaining more strides, making the platform one to watch out for. For example, HitBTC has integrated Alpaca Finance. So, let’s better take a look at the Top BSC Updates in detail.
1 – Binance Smart Chain (BSC) Ecosystem Breaks New Record
During the week, Binance Smart Chain (BSC) attained a new record for the most completed transaction in a day.
Yes, the platform attained a new all-time-high (ATH) of 15.2 million completed transactions in a day. Also, this surpasses an initial ATH of 14.7 million daily completed achieved a few days before.
Another day, another ATH. #BSC
— CZ 🔶 Binance (@cz_binance) November 24, 2021
Besides, this record highlights the upward trajectory and significant development that the BSC ecosystem is passing through. Within the past week, BSC recorded an average of about 13.5 million daily completed transactions. Also, it ended about 1.8 billion transactions in a little over a year of existence.
2 – HitBTC Integrates Alpaca Finance
HitBTC, a digital asset and currency exchange platform with over 800 trading pairs, integrates Alpaca Finance. Therefore, this means that Alpaca’s native token,$ALPACA, will now be available on HitBTC, and interested users will trade it with other available pairs like $BTC and $USDT.
We have successfully added ALPACA by @AlpacaFinance to our platform.
— HitBTC (@hitbtc) November 23, 2021
Also, it’s important to note that Alpaca Finance is a lending protocol that makes it possible for users to access leveraged-yield farming on BSC.
3 – Top-rated Decentralised Applications On BSC
The ratings of BSC-based decentralized applications (dApps) are based on the volume of transactions carried out within a 7-day timeframe.
Based on the report of BSCDaily, Venus Protocol topped the chart with $4.82 billion in transaction volume. Others on the list are:
- Alpaca Finance with $1.53 billion.
- PancakeSwap with $1.45 billion.
- Biswap with $498.80 million.
- MDEX BSC with $438.60 million.
TOP GAINERS IN BSC BY TRANSACTION VOLUME IN LAST 7 DAYS ‼$XVS @VenusProtocol$ALPACA @AlpacaFinance$CAKE @PancakeSwap$BSW @Biswap_Dex$MDX @Mdexswap$XMS @MarsEcosystem
$1INCH @1inchNetwork$ACSI @acryptosdao$BANANA @ape_swap@TreasurelandNFT#BSC pic.twitter.com/SFy94tPYnx
— BSCDaily (@bsc_daily) November 16, 2021
4 – Metaverse Landscape on the Binance Smart Chain
A vast number of projects are stepping up the effort in creating a Metaverse. Therefore, they are designing play-to-earn blockchain games and community sandboxes on the BSC.
According to BSCProject, these projects include BinaryX, Decentral Games, Step Hero, among others.
POTENTIAL METAVERSE PROJECTS IN BSC ECOSYSTEM ‼
Have a look at a landscape of projects that are developing metaverse on BSC ecosystem.😍
— BSCDaily (@bsc_daily) November 23, 2021
$BNB Price Information
At the time of writing this article, the price of $BNB was $618.79, with a 24-hour trading volume of USD 3 billion. Also, the price of $BNB increased by 2.1% over the last 24 hours. Besides, it has a circulating and total supply of 168 Million tokens.
We hope you have learned from the Top BSC Updates.
Also, join us on Telegram to receive free trading signals.
Find out more about the blockchain and crypto space on the Altcoin Buzz YouTube channel.