Back in March, the DappRadar team drew attention to the sharp increase in the attractiveness of the Binance Chain network among blockchain application developers.
Moreover, Binance Chain even surpassed Ethereum in terms of the number of daily transactions.
Last week, DappRadar analysts released a new report that said the number of addresses on the Binance Chain network that transact daily has grown by almost 2,000% to 394,000 in the past six months.
Another WAX blockchain has also shown impressive growth through the deployment of NFT projects and gaming services. The number of unique active wallets on this network skyrocketed 556% to 384,000.
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Ethereum, meanwhile, is showing a weakening of activity. According to Dapp Radar, the number of active addresses dropped by 17.4%. In parallel, the trend of migration of app developers from Ethereum to Binance Chain continues.
The gap between the two networks is growing in terms of the number of transactions performed per day.
Currently, Binance Chain users, on average, make 3.46 million daily transactions, while on Ethereum this figure is only 1.139 million.