According to recent insights, BNB Chain's opBNB and BSC have emerged as leaders in the blockchain space by daily active users.
In Brief
Recently, BNB Smart Chain (BSC) secured its position as the top Layer 1 blockchain in terms of daily active users, attracting 1.3 million users, while opBNB took the overall lead with a remarkable 1.7 million daily active users.

A community-driven blockchain ecosystem has achieved an important milestone as its governance platform, BNB Smart Chain (BSC), takes the crown as the leading Layer 1 (L1) blockchain according to daily active users. BNB Chain As of now, BSC has an extraordinary user base that exceeds 1.3 million active participants, confirming its status as a prominent player in the Web3 arena. DAU From 2024 onwards, the Web3 landscape will pivot towards fully on-chain DApps. Nevertheless, developers are still in need of a comprehensive technology stack that allows them to transition their applications to this all-on-chain framework. This is where the advanced infrastructure of BSC comes into play, filling the market gap and launching the 'One BNB' multi-chain vision, as highlighted by a representative from BNB Chain's development team in an interview with Cryptocurrencylistings. February 27, 2024 During its peak, when BSC recorded 32 million transactions in a single day, it showcased its strong infrastructure with a spectacular throughput of 2,000 transactions per second (TPS)- a feat that exceeded the performance metrics across all EVM blockchains. Coupled with an average transaction fee of just $0.03, the most affordable gas price for any Layer 1 blockchain, and a capability of handling 5,000 TPS, BSC creates an exceptional environment for projects to flourish and expand.
While BSC continues to reign as the top Layer 1 blockchain in terms of daily active users, it ranks as the second-most popular in the entire blockchain space, just trailing behind BNB Chain's Layer 2 solution.
Since January 9, 2024, opBNB has consistently held its title as the leading blockchain with over 1.7 million daily active users.
The spokesperson for BNB Chain remarked, 'opBNB is perfectly suited for DApps that demand a high volume of transactions, such as fully on-chain games. It offers the most competitive gas fees among Layer 2 solutions, with transaction costs under $0.001, and it boasts exceptional performance, executing 5K to 10K TPS. Recently, opBNB Connect was launched to facilitate the development of large-scale DApps enabling the creation of customized Layer 2 solutions, further stimulating growth and innovation.' opBNB In the last quarter of 2023, opBNB achieved unprecedented highs, reaching 71 million transactions daily and 4,500 TPS. As we move into 2024, gas fees for opBNB are anticipated to drop by up to tenfold to below $0.0001, while gas limits are set to increase from 100 million to 200 million transactions (10K TPS), reinforcing opBNB's status as the leading high-capacity Layer 2 solution. The development team is now focusing on several key areas for continuous optimization aimed at boosting overall performance and adaptability.

Moreover, BSC ranks second in terms of the number of applications across all chains, including offerings like lending, liquid staking, DEXs, and restaking protocols. The recent integration of Aave strengthens BSC's position as a premier choice for DeFi projects aiming to establish themselves within the ecosystem.
'Our focus on achieving mass adoption is unwavering. The BNB Chain DeFi ecosystem reported a remarkable 33% increase in total value locked (TVL) quarter-over-quarter by the close of 2023. With the implementation of our 'One BNB' multi-chain strategy driving mass adoption, we are eager to welcome more projects and innovators to help us reach our vision: bringing the next billion users into Web3,' the spokesperson for BNB Chain reiterated.
Please be aware that the information presented here is not meant to be interpreted as legal, financial, investment, or other types of advice. It’s crucial to only invest amounts you can risk losing, and we advise seeking unbiased financial guidance if you're uncertain. For detailed terms, conditions, and support, please check with the issuer or advertiser. MetaversePost is dedicated to delivering accurate and objective information, but keep in mind that market dynamics can shift unexpectedly. DeFi protocols Victor is the Managing Technology Editor at Metaverse Post, specializing in topics like artificial intelligence, cryptocurrency, data science, metaverse developments, and cybersecurity in enterprise settings. With five years of experience in journalism and AI reporting at notable outlets such as VentureBeat and Analytics India Magazine, along with mentoring roles at esteemed universities like Oxford and USC, Victor holds a master's degree in data science and analytics and is dedicated to remaining current with industry trends.
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