News

$BNB Takes the Lead In New Addresses Across Popular Blockchains

Following a significant surge in recent weeks, investors are optimistic about the continued bullish momentum of Binance Coin (BNB).

Reports from coin98 analytics indicate that the BNB chain stands out, boasting the highest number of total addresses created among popular blockchains, reaching 413 million with an impressive growth rate of 74%.

Polygon’s native cryptocurrency, MATIC, has also experienced a notable breakout above $1 during the current upward movement in prices. Notably, with a market valuation of $9.61 billion and a price of $1.006, MATIC has seen a 2% increase at the time of this report.

Polygon Leads Way In Terms Of New Addresses While OP Records Massive Growth Percentage

In terms of new addresses created in 2023, Polygon leads the way, adding an additional 185.9 million addresses to its network.

Related Post

Optimism (OP), a layer-2 scaling solution built on the Ethereum network to enhance transaction capacity and smart contract capabilities, has exhibited exceptional growth with a staggering growth rate of 3,683%.

Finally, investors and enthusiasts closely monitor these statistics as they offer insights into the dynamics and popularity of different blockchain networks. To conclude, the dominance of BNB and the growth exhibited by MATIC and Optimism underscore the diverse and evolving landscape of the cryptocurrency market.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!

Image Source: rimidolove/123RF // Image Effects by Colorcinch

Will Izuchukwu

Will is a News/Content Writer and SEO Expert with years of active experience. He has a good history of writing credible articles and trending topics ranging from News Articles to Constructive Writings all around the Cryptocurrency and Blockchain Industry.

Share
Published by
Will Izuchukwu

Recent Posts

Best Crypto Presale to Buy Now in Mid November! This Coin Is Set to Dominate the Next Bull Run

Are you searching for the best crypto presale opportunities to maximize gains during the next…

3 hours ago

Investors Ditch AVAX and Cardano (ADA) as Interest Peaks for New Crypto Presale Seeing Record Volume

All-time highs have been rolling in all summer for the hugely promising Web3 casino Rollblock…

3 hours ago

As Bitcoin Dominance Peaks, These 3 Altcoins See Huge Whale Accumulation; MANTRA, SUI and RBLK

Bitcoin’s dominance in the crypto market appears to be nearing its peak, and investors are…

3 hours ago

3 Cryptos Primed for All-Time Highs Before 2025: Solana, Lunex Network and Binance Coin

Solana might be receiving approval from the SEC about its ETFs soon while BNB’s Open…

3 hours ago

Floki Hits 5-Month High After Coinbase Listing Announcement

Floki Inu ($FLOKI), the dog-themed meme coin built on Ethereum, saw a massive 21% spike…

12 hours ago

Litecoin-Themed Meme Coin $LESTER Hits $100M Market Cap As Smart Trader Nets Massive Profits

Without pause, the Litecoin-inspired meme coin $LESTER has surged to an impressive $100 million market…

12 hours ago