BNB
by BSC News
January 3, 2023
Tron maintains TVL level while small dip from BNB Chain pushed Tron ahead.
Tron Network has surpassed BNB Chain to become the third-largest blockchain outside of Ethereum and Bitcoin.
Tron Network overcame BNB Chain on January 2-3, maintaining a total volume locked (TVL) of $4.15 billion USD. BNB Chain sits just behind at $4.08 billion USD. The difference is marginal but notable. BNB Chain held firm behind Ethereum for almost all of 2022.
BNB Chain has been on a steady decline over the last few months. BNB Chain had over $6B in TVL in November 2022, while Tron Network has hovered between $4B-5B in TVL in the last two months.
Tron Network recently integrated BUSD, the stablecoin of Binance. The pegged version of BUSD has surpassed $101M in TVL just in the past week since integration.
Previously known as the Binance Smart Chain (BSC), BNB Chain is a community-driven, decentralized, and censorship-resistant blockchain that is powered by Binance. It consists of BNB Beacon Chain and BNB Smart Chain, EVM compatible and facilitating a multi-chain ecosystem. Through the concept of MetaFI, BNB Chain aims to build the infrastructure to power the world’s parallel virtual ecosystem.
Website | Twitter | Discord | Telegram | GitHub |
Tron is an open-source blockchain-based decentralized digital platform with its own cryptocurrency, called Tronix or TRX. Established in 2014 by Justin Sun and founded in 2017 by a Singapore non-profit organization, Tron Foundation aims to host a global entertainment system for the cost-effective sharing of digital content.
Latest News
May 11, 2024
Weekly Article Recap: 5/06-5/10
May 10, 2024
IMF Urges Nigeria to License Crypto Exchanges for Enhanced Regulation
May 10, 2024
Ethereum Network Activity Cools Off: Will $ETH’s Price Go Any Farther This Month?
May 10, 2024
Binance and KuCoin Eyes Return to India with FIU Registration
May 9, 2024
DWF Labs Market Manipulation Allegations: What We Know
May 9, 2024
JPMorgan Predicts SEC's Robinhood Notice Won't Block Ethereum ETF Approvals
May 9, 2024
Donald Trump Opens Presidential Campaign to Crypto Donations
May 8, 2024
Donald Trump to Host Exclusive Dinner for Mugshot NFT Holders Amid Legal Battles
More News