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Author Topic: Binance Smart Chain hits record-high daily transactions  (Read 5332 times)

Offline dekafee79

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Re: Binance Smart Chain hits record-high daily transactions
« Reply #30 on: June 18, 2022, 07:14:01 PM »
I think Binance Smart Chain can hit its highest transaction level again when there is good news or when there are project developments such as NFT or others that can make transactions increase, it will make transaction volumes increase rapidly, usually this happens when the conditions at the exchange are doing a lot of transactions.

During bearish season, I think It's difficult to happen.
I don't think BSC will touch new ATH.
Maybe we should buy and wait until bitcoin halving 2024.
BNB will recover again.
Current BNB price is 198$

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Re: Binance Smart Chain hits record-high daily transactions
« Reply #30 on: June 18, 2022, 07:14:01 PM »

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Re: Binance Smart Chain hits record-high daily transactions
« Reply #31 on: July 29, 2022, 09:44:58 PM »
-#-

During bearish season, I think It's difficult to happen.
I don't think BSC will touch new ATH.
Maybe we should buy and wait until bitcoin halving 2024.
BNB will recover again.
Current BNB price is 198$
It's really hard if the current incident where the correction experienced by bitcoin has been prolonged and has an impact on all of them is no exception with bnb. I think what you say is correct, my friend, that don't expect anything to change quickly, I also predict that this year it is very difficult to expect there to be significant changes. maybe next year will move but also slow and certainly may have to wait for the next halving first.
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Offline Afony

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Re: Binance Smart Chain hits record-high daily transactions
« Reply #32 on: August 04, 2022, 09:41:02 AM »
This is a popular smart contract in which the commission for transactions on the network is very low, and will continue to exceed the number of transactions on the network. Most of the projects have switched to this smart contract.
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Offline kirshna01

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Re: Binance Smart Chain hits record-high daily transactions
« Reply #33 on: August 08, 2022, 07:34:40 PM »
It is astonishing that it has set a record due to its low fees and high transaction speed. Other products are also using BSC smart chain due to its low cost. Binance Smart Chain has achieved this position even due to the expensive transaction fees of ethereum.
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Offline dodok

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Re: Binance Smart Chain hits record-high daily transactions
« Reply #34 on: August 16, 2022, 09:16:21 AM »
This is good news for the binance smart chain because this news is positive for the bince smart chain because with the large number of transactions it means that investors already believe in the binance smart chain network and this news will make the price of the bince smart chain go up.
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Re: Binance Smart Chain hits record-high daily transactions
« Reply #35 on: August 19, 2022, 07:56:33 PM »
Binance is ranked number 1 among centralized exchanges.  And they have numerous traders on their platform.  They have achieved all this thanks to their state-of-the-art facilities and security.Many also use Binance as a trusted wallet and hold largest amount of crypto on there. So I also think that other exchanges have a lot to learn from Binance Exchange.
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Offline nakmantu99

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Re: Binance Smart Chain hits record-high daily transactions
« Reply #36 on: August 19, 2022, 09:24:40 PM »
Binance is ranked number 1 among centralized exchanges.  And they have numerous traders on their platform.  They have achieved all this thanks to their state-of-the-art facilities and security.Many also use Binance as a trusted wallet and hold largest amount of crypto on there. So I also think that other exchanges have a lot to learn from Binance Exchange.

Yeah, other exchanges should learn to binance exchange, binance is the largest exchange and always improve their systems.
has many features.
Binance smart chain has been supported by binance.
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Re: Binance Smart Chain hits record-high daily transactions
« Reply #36 on: August 19, 2022, 09:24:40 PM »



Offline oyitoto

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Re: Binance Smart Chain hits record-high daily transactions
« Reply #38 on: August 26, 2022, 07:40:02 PM »
I think at bearish season, trading volume will decrease, because many investors just buy and hold until bitcoin halving 2024.
That's good for us to collect potential coin for medium or long term investment.

Big true, this is also the reason why cost of network transaction have dropped very hard. Global economic circumstances contributed to affecting the whole of cryptocurrencies and related investment.
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Re: Binance Smart Chain hits record-high daily transactions
« Reply #39 on: October 03, 2022, 08:59:44 AM »
I think at bearish season, trading volume will decrease, because many investors just buy and hold until bitcoin halving 2024.
That's good for us to collect potential coin for medium or long term investment.

Big true, this is also the reason why cost of network transaction have dropped very hard. Global economic circumstances contributed to affecting the whole of cryptocurrencies and related investment.
It is undeniable that the current global inflation also seems to affect crypto, because everyone seems to just keep saving what they have by doing nothing, maybe some are even forced to sell it because of an urgent need during this crisis.
everyone seems to only hope for the upcoming Halving with the much-awaited change.
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Re: Binance Smart Chain hits record-high daily transactions
« Reply #40 on: October 06, 2022, 11:00:26 PM »
It is astonishing that it has set a record due to its low fees and high transaction speed. Other products are also using BSC smart chain due to its low cost. Binance Smart Chain has achieved this position even due to the expensive transaction fees of ethereum.
So far, because of the high fee of the Ethereum network, some projects newly will create their tokens in the BSC network. Additionally, many platforms or exchanges Right Now also provide a BSC network as one of the networks provided for transferring. The fee is very low and it is also fast enough. Of course, people will prefer to use the lower fees right? That is why the BSC transaction is very high. Hopefully this will not lead the fees to be higher in the future.
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Re: Binance Smart Chain hits record-high daily transactions
« Reply #41 on: October 07, 2022, 12:16:55 PM »
Of course, there will be high transactions in the BSC network due to the low commission in the network, also all projects are switching from the Ether platform to BSC. Now everyone can do projects on any platform to choose the best one.
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Re: Binance Smart Chain hits record-high daily transactions
« Reply #42 on: October 12, 2022, 04:41:03 PM »
Transactions using the BNB network have certainly done that when many are using the BNB network and many projects are created, it will make transactions very high because they are usually used to do Arbitrage as well, but when the conditions of the exchange are like that it is rare to find such.
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Re: Binance Smart Chain hits record-high daily transactions
« Reply #43 on: October 13, 2022, 04:10:05 AM »

Analytical data from BscScan, a sister product of Etherscan, reveals that Binance Smart Chain (BSC) surpassed 14.7 million blockchain transactions on Tuesday. This establishes a landmark all-time high for the decentralized finance network... See more for yourself here.

Your opinion is greatly appreciated.

Nice to hear that, binance smart chain hits high record daily transaction.
I think BSC will be good competitor for Ethereum, both are smart contract platform that more popular than other.
I think we will see good performance of both.
Let's see.

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Re: Binance Smart Chain hits record-high daily transactions
« Reply #44 on: January 07, 2023, 01:58:20 PM »
Binance SmartChain is not yet fully using its transaction chain, this project still has a lot of work to do in order for their smart contract to start producing failures in transactions.

 

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