The Binance BNB Chain had more than double the activity of its closest rivals, Solana and Ethereum, according to research from the on-chain analytics platform Nansen, which found that Binance hosted the most active addresses in April with 10.9 million. However, the active address count for BNB Chain had fallen 11% from the previous month. Solana was second with 5.1 million active addresses and Ethereum was third with 4.9 million. Nansen found that BNB Chain’s top entities in terms of active address growth were Polyhedra Network, Layer Zero and Stargate Finance. Although it’s possible that bots make up a large portion of the active address metric.
The daily Binance BEP-20 token transfer figure spiked to 7.2 million on May 2 while active smart contract addresses stood at 1.3 million, reports Bscscan. In addition, current BNB prices stand at $323.