BSC news january 2022

There are usually notable updates from the Binance Smart Chain (BSC) ecosystem. To keep readers informed, Altcoin Buzz covers some of the updates from the last week in January 2022.

During the week, a BSC-based DEX announced a collaboration with TokenPocket. In addition, we’ll examine LunarCrush’s latest report on Binance Smart Chain (BSC) projects by Altrank. Let’s take a look at the latest updates.

1 – BSC-based DEX Collaborates with TokenPocket

Biswap, a BSC-based decentralized exchange (DEX), is collaborating with TokenPocket, a multi-chain self-custodial wallet. Therefore, $TPT, TokenPocket’s native token, will now be available on the Biswap exchange. This makes it possible for users to access Biswap, Squid NFT World, and Biswap Marketplace via TokenPocket.

Besides, there are other features such as:

  • Annual Percentage Yield (APY) of 290% for TPT-BUSD farm.
  • Exchanging $TPT on BSC at low cost (0.1%).

2 – Top Gainers on the Binance Smart Chain

We will also take a look at the top gaining projects on the Binance Smart Chain (BSC) ecosystem. Notably, we’ll focus on the price performances of these projects within seven days. According to the report from BSCDaily:

  • Cratos ($CRTS) is the best and only gainer on the BSC ecosystem. The project had a 38.9% rate of the price increase.
  • Velo Protocol ($VELO) is second with a 6.3% decline in price performance.
  • Kyber Network ($KNC) is third with a 12.1% decline in price performance.

3 – Binance Smart Chain Projects by Altrank

During the week, a report from LunarCrush showed the latest positions of Binance Smart Chain (BSC) projects by Altrank:

  • Binance Coin ($BNB) is the highest-rated BSC project in 39th place.
  • Metahero ($HERO) is the second BSC project by Altrank in the 43rd position.
  • APENFT ($NFT) is in third BSC project by Altrank in 51st position.

Note: The LunarCrush AltRank reveals the state of the altcoins. It does this by considering the community and financial factors in determining an altcoin’s performance.

4 – Top-rated dApps on Binance Smart Chain

In addition, we will examine the best BSC-supported dApps by transaction volume over seven days. Here are some of them:

  • Venus Protocol ($XVS) holds tops spot with $2.04 billion.
  • Solo. the top has consistently been impressive with $1.20 billion in transaction volume.
  • PancakeSwap ($CAKE) holds third place with $397.53 billion.
  • Alpaca Finance ($ALPACA) is fourth with $228.82 million in transaction volume.
  • ACSI Finance ($ACSI) is fifth with $141.99 million.

$BNB Price Outlook

As of the time of publication, the price of BNB is trading at $372.21 with a 24-hour trading volume of $1 billion. Also, BNB has dropped by 3.6% over the last 24 hours. Besides, it has a circulating and total supply of 168 million BNB coins.

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Furthermore, find out more about the blockchain and crypto space on the Altcoin Buzz YouTube channel.


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