Binance Smart Chain continues to grow as it’s becoming more and more popular among the cryptocurrency community, especially those who are tempted to explore interesting DeFi capabilities on the network. Undoubtedly, the low fees and quicker transaction settlement compared to Ethereum’s blockchain are a strong incentive for a lot of users.
BSC Daily Transactions Now 70% More Than Ethereum’s
Binance Smart Chain sees an increased number of users getting attracted to it on a daily basis. This is also reflected in the overall volume of the daily transactions on both networks.
Over the past week, BSC regularly sees more transactions than Ethereum. This culminated yesterday, as the network saw a whopping 2.12 million transactions compared to 1.26 million on Ethereum.
Daily Transactions Count, Binance Smart Chain vs. EthereumIt’s also worth noting that the largest automated market maker and decentralized exchange on Binance Smart Chain, Pancake Swap, is also growing in popularity.
$CAKE becomes the first billion dollar project on #BSC.
Congrats to @PancakeSwap team! Well done!