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BNB Chain Set To Introduce Liquid-Staking On BSC Network

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In a strategic move aimed at consolidating and enhancing its network capabilities, BNBChain is gearing up to introduce liquid-staking functionality on the BNB Smart Chain (BSC) network. This initiative marks a significant step in the ongoing transition away from the Beacon Chain, with plans to fully decommission it by June 2024. The rollout of liquid-staking … Read more

Solana Surpasses Binance Coin To Claim 4th Spot In Market Valuation, Trader Recorded Notable Losses

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Solana’s SOL token has made significant strides in the cryptocurrency market, surpassing Binance Coin (BNB) to secure the 4th rank in terms of market valuation. This shift comes on the heels of a notable price spike over the weekend, further fueled by the growing frenzy surrounding meme coins on the blockchain, including $WIF, $BONK, and … Read more

CEX Platform Tokens And Solana Project Tokens See Significant Gains

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In the world of cryptocurrency, both centralized exchange (CEX) platform tokens and tokens associated with the Solana project have experienced notable gains in recent trading sessions.  Binance Coin (BNB) surged past the $630 mark, registering a remarkable 24-hour increase of 15.64%, while OKB recorded a 24-hour gain of 9.5%. Solana (SOL) also saw a notable … Read more

BNB Chain Launches Rollup-as-a-Service to Bolster L2 Blockchain Development

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On Thursday, the team behind BNB Chain introduced a novel Rollup-as-a-Service (RaaS) offering for the development of layer two blockchains (L2s) atop the BNB Chain. The team detailed that the service equips sizable decentralized applications (dapps), enterprises, and the BNB Chain with the essential technological framework required for launching specific L2s on BNB Smart Chain … Read more

Binance Completes 26th Quarterly BNB Token Burn, Removing $636M Worth

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Binance Chain has successfully executed its 26th quarterly BNB token burn, as officially announced by the BNB Foundation.  In this latest burn, a total of 2,141,487.27 BNB were eliminated, equivalent to approximately $636 million in market value, according to statements released by Binance. BNB serves as the native cryptocurrency within the BNB Chain ecosystem, powering … Read more

$BNB Takes the Lead In New Addresses Across Popular Blockchains

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Following a significant surge in recent weeks, investors are optimistic about the continued bullish momentum of Binance Coin (BNB). Reports from coin98 analytics indicate that the BNB chain stands out, boasting the highest number of total addresses created among popular blockchains, reaching 413 million with an impressive growth rate of 74%. Polygon’s native cryptocurrency, MATIC, … Read more