BSC News

BNB Chain Ends January 2023 With Most Blockchain Addresses

BNB Chain continues to outpace its competitors in several emtrics, kicking off 2023 leading the pack once again.

BNB Chain Addresses Grow 5% in January 2023

BNB Chain ended January 2023 with the most unique addresses of any blockchain network at just under 250 million.

BNB Chain’s address unique address accounts grew by 5%, according to data shared by Coin98 Analytics on Twitter. Ethereum and Polygon both came in second and third with around 220 million addresses each. Fantom wallets grew the most, going up 26% to over 42 million.

According to the January Industry Report from Sara Gherlas of DappRadar, the crypto industry saw an average of 1.7 million daily Unique Active Wallets (dUAW) in January 2023. The dUAW was down 9% from December 2022.

BNB Chain saw over 392,000 dUAW, according to Gherlas’ report. This was a decrease of 39%, yet still put the chain second overall for the month.

BNB Chain represents over 23% of all dUAW in Web3. The chain has long outpaced its competitors in the metrics of wallets and overall activity, despite recent decreases in comparison to its competitors.

The crypto industry continues to grow and grow despite facing a major marketing scar from the epic collapses of 2022. Total addresses across the industry show that multichain growth continues. The overall volume increase in Total Volume Locked (TVL) on Decentralized Finance (DeFi) also indicates a return to medium following the FTX collapse.

What is BNB Chain:

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.

Find more about BNB Chain here:

Website | Twitter | Discord | Telegram | GitHub |

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