- Regarding user activity, BNB Chain has exceeded Ethereum in the last month.
- Demand continues to propel BNB rally on a weekly chart.
BNB Chain [BNB] has surpassed Ethereum [ETH] in terms of user activity over the past month, data from blockchain analytics firm DappRadar has shown.
Across all the decentralized applications (dApps) listed on BNB Chain, a total of 4.18 million unique active wallets completed at least one transaction in the last 30 days, marking a 29% uptick in user count.
During the same period, only 1.28 million active addresses transacted on Ethereum, witnessing a 13% drop in user activity.
Due to the double-digit increase in its number of users, the number of transactions completed on BNB Chain during the period under review totaled 22 million.
On the other hand, Ethereum saw its transaction count decline by 44% to record only 3.34 million transactions in the last 30 days.
Regarding network fees and revenue derived from the same, BNB Chain received $18.35 million in fees from its users in the last 30 days. This represented a 50% growth in month-over-month (MoM) fees paid by its users to use its network.
From these fees, the chain saw a revenue of $2 million from these fees.
Due to its lower user activity, Ethereum’s fees and revenue climbed by just 10% in the last month, according to data from Token Terminal
BNB on a weekly chart
At the time of writing, BNB traded at $305.80, logging a 31% price rally in the last month, per data from CoinMarketCap.
The coin’s price assessed within a wider time frame (weekly) showed that despite the 3% price correction recorded in the last week, accumulation persisted.
Source: BNB/USDT on TradingView
The coin’s Relative Strength Index (RSI) and Money Flow Index (MFI) rested above their center lines, suggesting that buying activity exceeded distribution. As of this writing, RSI was 67.22, while the Money Flow Index (MFI) was 71.69.
Read Binance Coin’s [BNB] Price Prediction 2023-24
Showing that the bulls were in control of the market, BNB’s positive directional index (green) rested significantly above its negative directional index (red). This also confirmed the strength of the buying trend in the market.
The coin’s 50-day simple moving average (blue), above its 200-day simple moving average (yellow), lent credence to the position above. When these averages are so positioned, it is generally considered an indication of an upward trend.
- Regarding user activity, BNB Chain has exceeded Ethereum in the last month.
- Demand continues to propel BNB rally on a weekly chart.
BNB Chain [BNB] has surpassed Ethereum [ETH] in terms of user activity over the past month, data from blockchain analytics firm DappRadar has shown.
Across all the decentralized applications (dApps) listed on BNB Chain, a total of 4.18 million unique active wallets completed at least one transaction in the last 30 days, marking a 29% uptick in user count.
During the same period, only 1.28 million active addresses transacted on Ethereum, witnessing a 13% drop in user activity.
Due to the double-digit increase in its number of users, the number of transactions completed on BNB Chain during the period under review totaled 22 million.
On the other hand, Ethereum saw its transaction count decline by 44% to record only 3.34 million transactions in the last 30 days.
Regarding network fees and revenue derived from the same, BNB Chain received $18.35 million in fees from its users in the last 30 days. This represented a 50% growth in month-over-month (MoM) fees paid by its users to use its network.
From these fees, the chain saw a revenue of $2 million from these fees.
Due to its lower user activity, Ethereum’s fees and revenue climbed by just 10% in the last month, according to data from Token Terminal
BNB on a weekly chart
At the time of writing, BNB traded at $305.80, logging a 31% price rally in the last month, per data from CoinMarketCap.
The coin’s price assessed within a wider time frame (weekly) showed that despite the 3% price correction recorded in the last week, accumulation persisted.
Source: BNB/USDT on TradingView
The coin’s Relative Strength Index (RSI) and Money Flow Index (MFI) rested above their center lines, suggesting that buying activity exceeded distribution. As of this writing, RSI was 67.22, while the Money Flow Index (MFI) was 71.69.
Read Binance Coin’s [BNB] Price Prediction 2023-24
Showing that the bulls were in control of the market, BNB’s positive directional index (green) rested significantly above its negative directional index (red). This also confirmed the strength of the buying trend in the market.
The coin’s 50-day simple moving average (blue), above its 200-day simple moving average (yellow), lent credence to the position above. When these averages are so positioned, it is generally considered an indication of an upward trend.
clomiphene cost australia can you buy cheap clomid online clomid tablet price how can i get generic clomid without prescription name brand for clomid cheap clomid online generic clomiphene for sale
With thanks. Loads of expertise!
https://548qaz.com
More articles like this would make the blogosphere richer.
buy zithromax 250mg pill – azithromycin 500mg usa buy flagyl 400mg
semaglutide 14mg pills – cost rybelsus 14mg periactin 4mg pills
buy cheap generic motilium – cyclobenzaprine 15mg cheap buy flexeril 15mg online cheap
inderal 20mg without prescription – clopidogrel 150mg usa methotrexate 2.5mg for sale
augmentin 1000mg tablet – at bio info acillin usa
order nexium 40mg generic – nexiumtous esomeprazole usa
coumadin 2mg price – https://coumamide.com/ where to buy hyzaar without a prescription
buy meloxicam 15mg sale – https://moboxsin.com/ buy mobic 15mg for sale
buy deltasone 10mg pills – https://apreplson.com/ order prednisone 20mg generic
buy ed pills usa – cheap ed pills erection pills
order amoxil online – https://combamoxi.com/ purchase amoxicillin
generic forcan – https://gpdifluca.com/# buy fluconazole no prescription
buy cenforce 50mg sale – https://cenforcers.com/# buy cenforce online cheap
can you drink wine or liquor if you took in tadalafil – https://ciltadgn.com/# tadalafil generic headache nausea
zantac 150mg brand – click ranitidine 150mg uk
purchasing cialis – tadalafil buy online canada buy cialis without doctor prescription
I’ll certainly return to review more. https://gnolvade.com/
sildenafil 100mg – on this site buy levitra cialis viagra
More posts like this would add up to the online time more useful. https://buyfastonl.com/gabapentin.html
More articles like this would pretence of the blogosphere richer. https://ursxdol.com/ventolin-albuterol/
I couldn’t weather commenting. Adequately written! https://aranitidine.com/fr/en_ligne_kamagra/
This is the stripe of topic I take advantage of reading. https://ondactone.com/simvastatin/
This is the amicable of topic I have reading.
cost spironolactone