{"id":327827,"date":"2023-07-16T07:00:17","date_gmt":"2023-07-16T01:30:17","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=327827"},"modified":"2023-07-15T17:02:38","modified_gmt":"2023-07-15T11:32:38","slug":"bnb-completes-6-years-a-look-back-and-what-to-expect","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bnb-completes-6-years-a-look-back-and-what-to-expect\/","title":{"rendered":"BNB completes 6 years; a look back and what to expect\u00a0"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">In a recent tweet, BNB Chain mentioned potential projects that could contribute to its growth in the coming days.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Though BNB\u2019s weekly chart was green, several market indicators were bearish.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Binance [BNB]<\/span><span style=\"font-weight: 400;\"> turned 6 years old on 14 July and on that occasion, the blockchain mentioned all the promising potential projects on the chain. The journey has been pretty interesting for the blockchain. Overall, the growth trajectory remained optimistic. <\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Is your portfolio green? Check out the<\/span> <a href=\"http:\/\/ambcrypto.com\/calculator\/binancecoin-profit-calculator\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BNB Profit Calculator<\/span><\/a><span style=\"font-weight: 400;\">\u00a0\u00a0\u00a0<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Not only in terms of the blockchain\u2019s native token\u2019s price, but also in terms of network activity, which has been growing for quite some time.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Today <a href=\"https:\/\/twitter.com\/hashtag\/BinanceTurns6?src=hash&amp;ref_src=twsrc%5Etfw\">#BinanceTurns6<\/a><\/p>\n<p>To celebrate, we&#8217;re taking this opportunity to highlight some high potential projects to watch, that have been building on <a href=\"https:\/\/twitter.com\/hashtag\/BNB?src=hash&amp;ref_src=twsrc%5Etfw\">#BNB<\/a> Chain over the past year.<\/p>\n<p>Thanks to the entire community for your continued efforts!<\/p>\n<p>A thread of our chosen projects ? <a href=\"https:\/\/t.co\/Fwx9y81MhG\">pic.twitter.com\/Fwx9y81MhG<\/a><\/p>\n<p>\u2014 BNB Chain (@BNBCHAIN) <a href=\"https:\/\/twitter.com\/BNBCHAIN\/status\/1679782921484247041?ref_src=twsrc%5Etfw\">July 14, 2023<\/a><\/p><\/blockquote>\n<h4><strong>Retrospection of BNB Chain\u2019s performance<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">BNB Chain\u2019s tweet also mentioned that, after completing multiple years, there were a few potential projects on the blockchain that could contribute to further growth. The projects include ApolloX, NFP, AltLayer, Maverick Protocol, and more.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It&#8217;s been several months now since the blockchain has maintained its second spot on the list of blockchains in terms of daily active addresses. Not only that, but Token Terminal\u2019s<\/span> <a href=\"https:\/\/tokenterminal.com\/terminal?panel=fees\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\"> also revealed that<\/span> <a href=\"http:\/\/ambcrypto.com\/bnb-chain-impresses-in-daily-active-users-but\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BNB<\/span><\/a><span style=\"font-weight: 400;\"> was ranked sixth on the list of blockchains by fees, reflecting high usage of the network.\u00a0<\/span><\/p>\n<figure id=\"attachment_327829\" aria-describedby=\"caption-attachment-327829\" style=\"width: 1328px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Token-Terminal-1.jpg\"><img decoding=\"async\" class=\"wp-image-327829 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Token-Terminal-1.jpg\" alt=\"\" width=\"1328\" height=\"588\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Token-Terminal-1.jpg 1328w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Token-Terminal-1-300x133.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Token-Terminal-1-1024x453.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Token-Terminal-1-768x340.jpg 768w\" sizes=\"(max-width: 1328px) 100vw, 1328px\" \/><\/a><figcaption id=\"caption-attachment-327829\" class=\"wp-caption-text\">Source: Token Terminal<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Mentioning the token\u2019s past performance, BNB reached its all-time high in terms of price in 2021. During that time, the token was able to touch $671 on 12 May 2021. Thanks to the back-to-back setbacks that the crypto market witnessed, the token\u2019s price has fallen since then. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The same remained true for BNB\u2019s TVL, which also reached an ATH of around $19 billion in May 2021, as revealed by Artemis\u2019<\/span> <a href=\"https:\/\/app.artemis.xyz\/dashboard\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\">. Another piece of good news was that, if last year was to be considered, the blockchain witnessed an increase in network activity. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This was evident from the chart, as its daily active addresses and daily transactions gained upward momentum.<\/span><\/p>\n<figure id=\"attachment_327830\" aria-describedby=\"caption-attachment-327830\" style=\"width: 1463px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Artemis-BNB-1-1.jpg\"><img decoding=\"async\" class=\"wp-image-327830 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Artemis-BNB-1-1.jpg\" alt=\"\" width=\"1463\" height=\"627\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Artemis-BNB-1-1.jpg 1463w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Artemis-BNB-1-1-300x129.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Artemis-BNB-1-1-1024x439.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Artemis-BNB-1-1-768x329.jpg 768w\" sizes=\"(max-width: 1463px) 100vw, 1463px\" \/><\/a><figcaption id=\"caption-attachment-327830\" class=\"wp-caption-text\">Source: Artemis<\/figcaption><\/figure>\n<h4><strong>Will BNB\u2019s price once again reach its ATH soon?<\/strong><\/h4>\n<p><span style=\"font-weight: 400;\">While<\/span> <a href=\"http:\/\/ambcrypto.com\/bnb-rising-attention-in-the-face-of-suppressed-growth\/\"><span style=\"font-weight: 400;\">BNB<\/span><\/a><span style=\"font-weight: 400;\">\u2019s growth trajectory has been promising, the thought of BNB touching its ATH price anytime soon might be a long shot. Thanks to the bullish market, BNB\u2019s price registered nearly 6.5% in the last seven days. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, BNB was<\/span> <a href=\"https:\/\/coinmarketcap.com\/currencies\/bnb\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">trading<\/span><\/a><span style=\"font-weight: 400;\"> at $252.47 with a market capitalization of over $39 billion.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Read <\/span><a href=\"http:\/\/ambcrypto.com\/predictions\/binancecoin-price-prediction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Binance Coin&#8217;s [BNB] Price Prediction<\/span><\/a><span style=\"font-weight: 400;\"> 2023-24<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Though the growth looked optimistic, positive sentiment around the token has plummeted sharply over the last few weeks.<\/span> <a href=\"http:\/\/ambcrypto.com\/bnb-fails-to-impress-despite-bnb-chain-hitting-these-milestones\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">BNB<\/span><\/a><span style=\"font-weight: 400;\">\u2019s 4-week price volatility has also sunk, decreasing the chances of an unprecedented northbound price movement. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, it was interesting to note that BNB\u2019s MVRV registered a slight recovery, which can be attributed to the latest price uptick.\u00a0\u00a0<\/span><\/p>\n<figure id=\"attachment_327831\" aria-describedby=\"caption-attachment-327831\" style=\"width: 3840px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-15.52.10-15-Jul-2023.png\"><img decoding=\"async\" class=\"wp-image-327831 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-15.52.10-15-Jul-2023.png\" alt=\"\" width=\"3840\" height=\"1300\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-15.52.10-15-Jul-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-15.52.10-15-Jul-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-15.52.10-15-Jul-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-15.52.10-15-Jul-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-15.52.10-15-Jul-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/BNB-BNB-15.52.10-15-Jul-2023-2048x693.png 2048w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a><figcaption id=\"caption-attachment-327831\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>BNB\u2019s TVL and price both reached their all-time highs during the second quarter of 2021. BNB has gone up by over 6% in the last seven days.\u00a0<\/p>\n","protected":false},"author":75,"featured_media":327837,"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-327827","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 v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>BNB completes 6 years; a look back and what to expect\u00a0 - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Binance [BNB] turned 6 years old on 14 July and on that occasion, the blockchain mentioned all the promising potential projects on the chain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bnb-completes-6-years-a-look-back-and-what-to-expect\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BNB completes 6 years; a look back and what to expect\u00a0 - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"BNB\u2019s TVL and price both reached their all-time highs during the second quarter of 2021. 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