Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»BNB Chain Ends Groundbreaking Year in Lowering Web3 Entry Barrier
EXCHANGE NEWS

BNB Chain Ends Groundbreaking Year in Lowering Web3 Entry Barrier

By Crypto FlexsDecember 20, 20234 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
BNB Chain Ends Groundbreaking Year in Lowering Web3 Entry Barrier
Share
Facebook Twitter LinkedIn Pinterest Email

Dubai, UAE, December 20, 2023, Chainwire

  • In 2023, BNB Chain will launch opBNB and Greenfield blockchains and add support at all stages of the development lifecycle through the Builder Support Program.
  • The average DAU of BNB Smart Chain (BSC) increased by 126,000 in 2023, with opBNB showing the highest average DAU and number of transactions among major L2s launched in the second half of 2023.

BNB Chain is a community-driven blockchain ecosystem. The world’s largest smart contract blockchainhas launched its 2023 review campaign, marking a landmark year with the introduction of new blockchains across all development stages and the addition of Web3 builder support initiatives. The campaign begins with a summary video from BNB Chain’s avatar brand representative ‘Nex’.

Watch BNB Chain’s 2023 Summary Video

In 2023, BNB Chain launched opBNB and BNB Greenfield blockchains on testnet and then on their respective mainnets. OpBNB, which doubled transaction speeds and reduced fees by 30x, reached 1.2 million users within three months of mainnet launch. BNB Greenfield empowers users to control and monetize their data and is positioned to support the rise of decentralized AI. These platforms are interoperable with BNB Smart Chain (BSC) in line with BNB Chain’s multi-chain and interoperability strategy, providing an efficient user experience.

Both opBNB and BSC reached all-time trading highs at the end of 2023. While opBNB exceeded 23 million daily transactions on December 17, BSC recorded over 32 million transactions on December 7. BSC has consistently seen lower gas rates during these surges.

BNB Chain has also added important additions to its Web3 Builder support program this year. A Founder Track has been added to the Most Valuable Builder (MVB) program to incubate 100 new projects on the BNB Chain. BNB Chain has also strengthened its post-deployment support for projects this year, launching the TVL Incentive and DAU Incentive Programs, which provide up to $360,000 per month to projects that continue meaningful development after deployment.

With these additional features, BNB Chain now offers builder support at all stages of the development lifecycle. This extends to the proactive idea that BNB Chain will host multiple global hackathons in key markets to foster creativity and connections between builders. Following BNB Chain’s Istanbul Hackathon last November, five new projects have already been launched on BNB Chain.

Other highlights for 2023 include:

  • BNB Chain Innovation Roadshow: March saw a series of one-day events giving builders around the world the opportunity to learn new Web3 technologies, get noticed, make connections, and take their innovation to the next level.
  • BNB Chain Hackvolution: Held in July, this online hackathon challenged developers, researchers, and scientists to leverage opBNB and BNB Greenfield to build the next generation of dApps that push the boundaries of what is possible with Web3.
  • BNB Chain Hackathon Istanbul: BNB Chain’s Istanbul Hackathon in November took place immediately after Binance Blockchain Week and offered rewards of up to $100,000 for impactful innovations across opBNB and BNB Greenfield.

Through 2024, BNB Chain will continue to improve performance and user experience, further lowering the barrier to entry to Web3.

Learn more about what the BNB Chain will achieve in 2023 here.

Introduction to BNB Chain

BNB Chain is a community-driven blockchain ecosystem that seeks to remove barriers to Web3 adoption. Powered by BNB, this blockchain includes the EVM-compatible BNB Smart Chain, the world’s largest L1 blockchain, and fosters a multi-chain ecosystem through BNB Greenfield and opBNB. Offering ultra-low gas fees and excellent TPS, the BNB Chain ecosystem hosts thousands of dApps across DeFi, metaverse, gaming, SocialFi, NFTs, and infrastructure, each adding value to the ecosystem.

BNB Chain fosters impactful Web3 innovation through the BNB Chain Builder Support Program. This includes the MVB accelerator program run in partnership with Binance Labs and CMC Labs.

Follow BNB Chain for more details. Twitter.

contact

BNB Chain
press@bnbchain.org

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Policy Institute Launches Interactive US Tax Payment Model to Support Bitcoin For America Act

November 20, 2025

Strategy to expand corporate holdings amid Bitcoin slump

November 17, 2025

What is a crypto bridge? The Complete Guide to Blockchain Interoperability

November 14, 2025
Add A Comment

Comments are closed.

Recent Posts

Monad Price is in the spotlight, having raised $269 million ahead of its mainnet launch.

November 23, 2025

Grayscale calls Chainlink the ‘essential infrastructure’ for tokenized finance in new research.

November 23, 2025

Aave launches V4 testnet with developer preview of upcoming “Pro” experience.

November 22, 2025

Metaplanet plans to raise $135 million to buy more Bitcoin.

November 22, 2025

MEXC Launches Ethereum Eco Month With $1 Million Prize Pool

November 21, 2025

The RWA market is expected to surge in 2026, according to Plume Growth Forecast.

November 21, 2025

BTC price could be range-bound to $60,000-$80,000 pending a rate cut.

November 20, 2025

VerifiedX Partners With Crypto.com For Institutional Custody And Liquidity Solution

November 20, 2025

Bitcoin Policy Institute Launches Interactive US Tax Payment Model to Support Bitcoin For America Act

November 20, 2025

Lido Triggerable Withdrawal Audit – Ackee Blockchain

November 20, 2025

Numerai Raises $30 Million Series C Led By Top University Endowments, At $500 Million Valuation

November 20, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Monad Price is in the spotlight, having raised $269 million ahead of its mainnet launch.

November 23, 2025

Grayscale calls Chainlink the ‘essential infrastructure’ for tokenized finance in new research.

November 23, 2025

Aave launches V4 testnet with developer preview of upcoming “Pro” experience.

November 22, 2025
Most Popular

Elon Musk Wins Tesla Dogecoin Manipulation Lawsuit

August 30, 2024

Binance Supports Conflux (CFX) Network Upgrade and Hard Fork

July 24, 2024

Görli Denkun Presentation | Ethereum Foundation Blog

January 11, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.