{"id":327532,"date":"2023-07-15T06:00:05","date_gmt":"2023-07-15T00:30:05","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=327532"},"modified":"2023-07-14T18:41:49","modified_gmt":"2023-07-14T13:11:49","slug":"bnb-chain-impresses-in-daily-active-users-but","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bnb-chain-impresses-in-daily-active-users-but\/","title":{"rendered":"BNB Chain impresses in daily active users, but\u2026"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">BNB Chain\u2019s press time DAU was close to 2 million.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">Binance Coin surged by over 5% to enter a bull trend.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Per recent rankings, the number of daily active users on the BNB Chain has experienced a notable increase, surpassing its contemporaries. Moreover, the token recently witnessed a significant surge in its value.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/binancecoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Binance Coin&#8217;s [BNB] Price Prediction<\/a> 2023-24<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">However, examining whether other important metrics have managed to keep pace with this upward trend is crucial.<\/span><\/p>\n<h4><b>BNB Chain sees increased DAUs<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">According to Token Terminal&#8217;s latest ranking of chains based on daily user activity, <a href=\"http:\/\/ambcrypto.com\/bnb-fails-to-impress-despite-bnb-chain-hitting-these-milestones\/\" target=\"_blank\" rel=\"noopener\">BNB Chain<\/a>\u00a0secured the second position on 13 July. With a remarkable count of over 1 million daily active users, it surpassed chains like Ethereum [ETH] and Bitcoin [BTC], but remained behind Tron [TRX]. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This metric served as an indicator of the level of engagement and overall activity observed on the chain.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Top protocols by DAUs <a href=\"https:\/\/t.co\/J3eR2lHFVy\">pic.twitter.com\/J3eR2lHFVy<\/a><\/p>\n<p>\u2014 Token Terminal (@tokenterminal) <a href=\"https:\/\/twitter.com\/tokenterminal\/status\/1679517145053425669?ref_src=twsrc%5Etfw\">July 13, 2023<\/a><\/p><\/blockquote>\n<h4><b>The state of BNB DAUs\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Based on data from <a href=\"https:\/\/defillama.com\/chain\/BSC?users=true&amp;volume=true&amp;stables=true\" target=\"_blank\" rel=\"noopener\">DefiLlama<\/a>, at press time, BNB Chain held the third position when considering key metrics beyond daily active users. As of this writing, the number of daily active users remained significant, nearing the 2 million mark. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Over the past 24 hours, there has been a notable increase of almost 3%, while in the last seven days, the growth exceeded 4%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, when evaluating the Total Value Locked (TVL) metric, it fell behind Ethereum and Tron, which occupied first and second positions. As of this writing, the TVL was approximately $3.4 billion. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Similarly, the stablecoin market cap on the <a href=\"http:\/\/ambcrypto.com\/bnb-chains-nft-landscape-witnesses-a-rebound-in-june-aided-by\/\" target=\"_blank\" rel=\"noopener\">BNB Chain<\/a> exceeded $5 billion, but both charts showed no upward trend. These metrics suggested that while the chain boasted more active users, the TVL and market cap were yet to reflect this growth.<\/span><\/p>\n<h4><b>Binance Coin sees fewer active addresses\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Despite the overall enthusiasm surrounding the chain, the daily active addresses of <a href=\"http:\/\/ambcrypto.com\/bnb-rising-attention-in-the-face-of-suppressed-growth\/\" target=\"_blank\" rel=\"noopener\">BNB<\/a> demonstrated a different level of excitement, per Santiment. The chart displayed a consistent pattern of regular activities without any significant spikes. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As of this writing, the number of daily active addresses exceeded 3,500. Also, a notable observation on the chart was the entry into the 3,000 range for the first time on 14 June.<\/span><\/p>\n<figure id=\"attachment_327577\" aria-describedby=\"caption-attachment-327577\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-13.30.08-14-Jul-2023.png\"><img decoding=\"async\" class=\"wp-image-327577 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-13.30.08-14-Jul-2023.png\" alt=\"BNB daily active addresses\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-13.30.08-14-Jul-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-13.30.08-14-Jul-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-13.30.08-14-Jul-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-13.30.08-14-Jul-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-13.30.08-14-Jul-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-13.30.08-14-Jul-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-327577\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<h4><b>Slight bullish BNB trend<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">After enduring a bearish trend for several weeks, BNB experienced a notable boost. By the end of trading on 13 July, <a href=\"http:\/\/ambcrypto.com\/chatgpt-bnb-price-prediction-16\/\" target=\"_blank\" rel=\"noopener\">BNB<\/a> had gained over 5% in value, reaching a trading price of approximately $256.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Realistic or not, here&#8217;s <a href=\"http:\/\/ambcrypto.com\/calculator\/marketcap\" target=\"_blank\" rel=\"noopener\">BNB&#8217;s market cap in BTC&#8217;s terms<\/a><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">However, as of this writing, it had experienced a slight decline and was trading at around $255.<\/span><\/p>\n<figure id=\"attachment_327578\" aria-describedby=\"caption-attachment-327578\" style=\"width: 1400px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNBUSD_2023-07-14_13-32-22.png\"><img decoding=\"async\" class=\"wp-image-327578 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNBUSD_2023-07-14_13-32-22.png\" alt=\"BNB\/USD daily timeframe chart\" width=\"1400\" height=\"764\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNBUSD_2023-07-14_13-32-22.png 1400w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNBUSD_2023-07-14_13-32-22-300x164.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNBUSD_2023-07-14_13-32-22-1024x559.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNBUSD_2023-07-14_13-32-22-768x419.png 768w\" sizes=\"(max-width: 1400px) 100vw, 1400px\" \/><\/a><figcaption id=\"caption-attachment-327578\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Despite the minor price decrease, the previous trading session&#8217;s upward momentum propelled the coin into a weak bullish trend. While the strength of the bullish trend may be modest, the recent uptrend signifies a positive shift for the coin.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BNB chain outshines rivals with soaring daily active users while token value skyrockets. Yet, as metrics diverge, questions arise about its overall impact.<\/p>\n","protected":false},"author":76,"featured_media":327581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-327532","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BNB Chain impresses in daily active users, but\u2026 - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The BNB chain&#039;s daily active user volume is up with the top chains, but its TVL takes it out of the top two spots.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bnb-chain-impresses-in-daily-active-users-but\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BNB Chain impresses in daily active users, but\u2026 - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"BNB chain outshines rivals with soaring daily active users while token value skyrockets. 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