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BNB Chain Forecasts Bullish Market Trend with 42% Increase in Active Addresses this Month

KnightFl9501-19 06:20Bar FIDA
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Blockbeats news, on april 10th, according to binance academy's report on april 10th, bnb chain has witnessed a remarkable surge in user engagement and activity during the recovery of the crypto market after march. the network recorded an impressive boost of over 42% increase in active addresses within the month.

following march's uptick from sub-800k to approximately 1.2 million, bnb chain continues its upward trajectory into april. the network is currently processing around 7 million daily transactions.

the additional report also highlights that dexs (decentralized exchanges), defi lending markets, nft (non-fungible tokens) trading venues such as solana and avalanche continue to see traction due to continuous interest for these products by users moving away from centralized exchanges like huobi global.
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