There are always new updates and developments in the BNB Chain ecosystem. Accordingly, Altcoin Buzz covers some of these updates from the first week in July to keep readers informed.
During the week, Superfluid protocol became available on the BNB Chain ecosystem. Venus Protocol also integrated Infinity Wallet. We will examine these updates in detail.
1 – Superfluid Protocol is Now BNB Chain
Following a call to action to the Superfluid Protocol community, the protocol is now available on BNB Chain. With this development, the Superfluid smart contracts are now compatible for users and developers seeking stream assets. As well as, to create an application in the BNB Chain ecosystem.
Specifically, developers and users on the ecosystem will be able to:
- Commence streaming web3 subscriptions
- Leverage Superfluid’s SDK Suite, and open-source repo to create and launch projects
- Invest in streams
- Make and receive payments during token streams
Join us in welcoming the innovative @Superfluid_HQ to #BNBChain! 📣 https://t.co/HY8FZmk2aU
— BNB Chain 🔶 (@BNBCHAIN) June 29, 2022
2 – Top Tokens in BNB Chain Whale Wallets
Secondly, WhaleStats a crypto whale analysis system, carried out an analysis of the top-traded tokens in BNB Chain Whale wallets. The report also samples 100 whale wallets and it’s as follow:
- PancakeSwap ($CAKE) holds top spot on the chart. It has $66 million in trading volume.
- Radio Caca ($RACA) is the second-most traded token in the whale wallets. It has $15.5 million in trading volume.
- Baby Doge Coin ($BABYDOGE) is the third-most traded token in the whale wallets. It has $12 million in trading volume.
- EverDome ($DOME) holds fourth spot with $6.5 million in trading volume.
Notably, a crypto whale is an address that keeps a notable amount (10% or more) of a cryptocurrency. Therefore, their market decisions can influence price movements.
🎉 MOST-TRADED Tokens in 100 #BNBCHAIN Whale Wallets🚀
🥇 $CAKE @PancakeSwap
🥈 $RACA @RadioCacaNFT
🥉 $BABYDOGE @BabyDogeCoin $DOME @Everdome_io $MOVEZ @Movez_app $GHC @GalaxyHeroesGHC $VINU @VitaInuCoin $MONI @Monsta_Infinite $FAME @famemmatv $NFTB @nftbmarket #BNB pic.twitter.com/L1QWsPmn92
— BSCDaily (@bsc_daily) July 1, 2022
3 – BNB Chain Projects with Most Gains
Next, we will look at CoinGecko’s report on the BNB Chain projects with the most gains. Besides, the report covers the price performance of projects on the ecosystem over a seven-day timeframe.
- Ceek ($CEEK), a blockchain-based virtual concerts, metaverse, and 360VR streaming platform, has the highest gain within the seven-day timeframe. It also had a 44.2% rate of increase in price performance.
- Deri Protocol ($DERI), a decentralized derivative trading protocol is second within the seven-day timeframe. It also had a 20.7% rate of increase in price performance.
- Shopping.io ($SPI), a cryptocurrency online shopping platform is third within the seven-day timeframe. It also had a 20.5% rate of increase in price performance.
- Binamon Apple ($BIN) is fourth within the seven-day timeframe. It also amassed a 20% rate of increase in price performance.
- DogeGF ($DOGEGF), a peer-to-peer community governed by reciprocity is fifth within the seven-day timeframe. It has a 19.1% rate of increase in price performance.
TOP GAINERS IN BNB CHAIN ECOSYSTEM LAST 7 DAYS🚀
🥇 $CEEK @ceek
🥈 $DERI @DeriProtocol
🥉 $SPI @shopping_io $BIN @binemonnft $DOGEGF @dogegftoken $BAN @bananocoin $POTS @moonpotdotcom $MATTER @antimatterdefi $UNFI @unifiprotocol $CHESS @tranchess 💪#BNB #METAVERSE 🔥 pic.twitter.com/cHVD2djqCN
— BSCDaily (@bsc_daily) July 3, 2022
4 – Venus Protocol Partners Infinity Wallet
Finally, Venus Protocol, a decentralized finance algorithmic money market protocol on BNB Chain is partnering with Infinity Wallet. This development is part of Venus Protocol’s attempt to increase DeFi adoption.
It’s also important to note that Infinity Wallet is a multi-facet wallet system that provides usability and accessibility for DeFi. As well as, “browser-less” access to dApps and Web3.
The @VenusProtocol x @InfinityWallet Wallet integration is now live. This is another major milestone in our mission to bring #DeFi to the next billion user’s 🚀$XVS #DeFi @InfinityWallet @BNBCHAIN pic.twitter.com/OO2Mmq2iIw
— Venus Protocol (@VenusProtocol) June 29, 2022
$BNB Price Analysis
As of the time of publication, BNB price today is $218.74 with a 24-hour trading volume of $708,057,215. Also, BNB price maintained the same amount over the last 24 hours. Besides, it has a circulating supply of 160 Million BNB coins and a total supply of 163 Million.