BNB Chain unique wallets surpass Ethereum, becomes largest L1 blockchain
Unique addresses on the BNB Chain crossed 230 million, surpassing Ethereum and becoming the “largest layer 1 blockchain in the world,” according to a company statement. Meanwhile, the network also witnessed “record-breaking highs” in transactional volume — reaching 9.8 million transactions in May. BNB Chain reported that the blockchain has “made significant strides in onboarding the next billion users into Web3.”.Kan stated that these changes had “resulted in faster transactions, lower costs, and extra capacity.”