{"id":41267,"date":"2021-04-22T20:48:03","date_gmt":"2021-04-22T17:48:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=41267"},"modified":"2025-08-30T18:01:18","modified_gmt":"2025-08-30T15:01:18","slug":"daily-transactions-on-binance-smart-chain-exceed-9-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/daily-transactions-on-binance-smart-chain-exceed-9-million\/","title":{"rendered":"Daily transactions on Binance Smart Chain exceed 9 million"},"content":{"rendered":"<p>On 21 April, the Binance Smart Chain (BSC) network registered a new daily transaction record of 9.13 million. This is almost six times higher than the corresponding figure for the Ethereum blockchain.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"453\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-2-6-1024x453.png\" alt=\"Daily number of transactions on Binance Smart Chain exceeds 9 million\" class=\"wp-image-132721\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-2-6-1024x453.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-2-6-300x133.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-2-6-768x339.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Untitled-2-6.png 1222w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Source: BscScan.<\/figcaption><\/figure>\n<p>At the same time, in the second-largest cryptocurrency by market capitalization, a <a href=\"https:\/\/t.me\/forklog\/18829\" target=\"_blank\" rel=\"noreferrer noopener\">daily record<\/a> for the number of transactions was also observed. Users performed 1.56 million transfers.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"418\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/photo_2021-04-22_08-53-47-1024x418.jpg\" alt=\"Daily number of transactions on Binance Smart Chain exceeds 9 million\" class=\"wp-image-132653\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/photo_2021-04-22_08-53-47-1024x418.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/photo_2021-04-22_08-53-47-300x122.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/photo_2021-04-22_08-53-47-768x313.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/photo_2021-04-22_08-53-47.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Source: Etherscan.<\/figcaption><\/figure>\n<p>It outpaced Ethereum in 24-hour transactions, and the largest project built on BSC, PancakeSwap, reached 2 million transactions on April 20.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Over the last 24 hours:<\/p>\n<p>Only the <a href=\"https:\/\/twitter.com\/hashtag\/PancakeSwap?src=hash&#038;ref_src=twsrc%5Etfw\">#PancakeSwap<\/a> router = 2M transactions<\/p>\n<p>The whole of Ethereum yesterday = 1.55M transactions<\/p>\n<p>The craziest part? Looks like things are just getting started. <a href=\"https:\/\/t.co\/acZcTiMoqk\">pic.twitter.com\/acZcTiMoqk<\/a><\/p>\n<p>\u2014 PancakeSwap \ud83e\udd5e #BSC (@PancakeSwap) <a href=\"https:\/\/twitter.com\/PancakeSwap\/status\/1384680304560857091?ref_src=twsrc%5Etfw\">April 21, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>After PancakeSwap&#8217;s <a href=\"https:\/\/u1f987.com\/en\/news\/pancakeswap-surpasses-uniswap-in-tvl-on-binance-smart-chain\">leaders by the volume of locked funds<\/a> among DeFi protocols, <a href=\"https:\/\/u1f987.com\/en\/news\/analysts-divided-over-real-activity-on-binance-smart-chain\">experts diverged in their assessments<\/a> of real activity on BSC.<\/p>\n<p>According to <a href=\"https:\/\/debank.com\/ranking\/locked_value?chain=\" target=\"_blank\" rel=\"noreferrer noopener\">DeBank<\/a>, the total value of locked assets on decentralized platforms based on BSC is about $15.7 billion, while in Ethereum network protocols \u2014 $53.45 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"933\" height=\"325\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Projects-Ranking-Gross-Value-Locked-DeBank-Google-Chrome-1.jpg\" alt=\"Daily number of transactions on Binance Smart Chain exceeds 9 million\" class=\"wp-image-132720\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Projects-Ranking-Gross-Value-Locked-DeBank-Google-Chrome-1.jpg 933w, https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Projects-Ranking-Gross-Value-Locked-DeBank-Google-Chrome-1-300x105.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Projects-Ranking-Gross-Value-Locked-DeBank-Google-Chrome-1-768x268.jpg 768w\" sizes=\"auto, (max-width: 933px) 100vw, 933px\" \/><figcaption>Source: DeBank.<\/figcaption><\/figure>\n<p>The main BSC network was <a href=\"https:\/\/u1f987.com\/en\/news\/binance-smart-chain-mainnet-launched-for-bnb-staking\">launched in September 2020<\/a> as an alternative environment for deploying decentralized applications and DeFi services, offering lower fees than Ethereum.<\/p>\n<p>Earlier, Messari analyst Ryan Watkins <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-binance-smart-chain-a-centralized-ethereum-fork-nothing-more\">explained<\/a> the advantages of BSC over its rival as the magic of centralisation, rather than technological innovations.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/vk.com\/forklogcom\" target=\"_blank\" rel=\"nofollow noopener\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 21 April, the Binance Smart Chain (BSC) network registered a new daily transaction record of 9.13 million. This is almost six times higher than Ethereum&#8217;s corresponding figure.<\/p>\n","protected":false},"author":1,"featured_media":41268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1307,1227,46],"class_list":["post-41267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bnb-chain","tag-cryptocurrency-transactions","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=41267"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41267\/revisions"}],"predecessor-version":[{"id":41269,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/41267\/revisions\/41269"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/41268"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=41267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=41267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=41267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}