Home Blockchain News DappRadar analysts drew attention to the growth of activity on the Binance Chain network

DappRadar analysts drew attention to the growth of activity on the Binance Chain network

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Transactional activity on the Binance Chain network increased by about 25% in the last quarter, according to a DappRadar study. Analysts have come to the conclusion that this blockchain has already become one of the most attractive for decentralized applications (DApps) developers.

There are currently 2,159 services deployed on Binance Chain. The number of wallets sending and receiving funds every day exceeds 608,000.

The greatest activity in the third quarter of 2021 was demonstrated by users of gaming applications. The number of accounts in this segment of DApps has grown by 1,700% compared to the second quarter.

Mobox: NFT Farm has become one of the most popular apps on the web. In September alone, the number of active daily addresses increased by 335% or $ 30,000.

The total value of funds locked in DeFi projects and deployed by Binance Chain reached $ 17.78 billion (+ 18% QoQ).

Most often, this network uses the PancakeSwap platform, which has accumulated $ 8.3 billion.The number of users of this application increased by 3 million in September alone.

Note that at the moment Ethereum remains the most popular blockchain among NFT and DeFi developers.

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