• BNB Chain’s revenue went down marginally over the last few days. 
• The token’s price, on the other hand, increased by more than 3%. 

BNB Chain [BNB] posted its weekly Twitter update on 30 April, which mentioned updated statistics for the week. As per the tweet, BNB Chain’s weekly active users surpassed the 4 million mark.

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This looked optimistic, as the figure had hovered around 3 million for quite some time. A major reason behind the increased user activity on the network could be the recent gas fee decline announcement.

Here’s a look at the leading performance of BNB Chain from last week ⚡️

As always, keeping those fees super lower and processing millions of transactions.

Let’s keep building the strongest ecosystem in Web3! pic.twitter.com/RNx26eX7bS

— BNB Chain (@BNBCHAIN) April 30, 2023

Not everything was perfect for BNB Chain

However, despite the increase in users, the network’s weekly transactions declined. As per the tweet, BNB Chain’s weekly transactions crossed 24 million while its average daily transactions remained at 1.17 million, which was lower than previous weeks.

The decline in transactions also caused a slight decline in the chain’s revenue, which was negative.

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Author: Dipayan Mitra

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