On December 23, COINOTAG News reported that BNB Chain has released its 2024 Annual Report, highlighting key advancements in its ecosystem and technological innovations. Central to its 2024 strategy is the “One BNB” multi-chain initiative, comprising BSC, opBNB, and the Greenfield projects. Notably, opBNB achieved a remarkable scalability milestone with a processing capacity of 4600 TPS and a gas limit of 1 billion transactions per second, further enhancing its parallel EVM capabilities. Significant updates in the Greenfield storage chain, including Hulunbeier, Ural, and Pawnee, demonstrate a commitment to expanding functionality, complemented by the launch of Greendrive, which now accommodates over 30 public datasets.
The user adoption metrics are promising, with opBNB recording 4.7 million daily active users and a substantial growth in unique BSC addresses by 17.7% year-over-year, surpassing 486 million. The Total Value Locked (TVL) across the platform increased by 58.2%, reaching $5.5 billion, while opBNB’s TVL rose by 27.6% to register $19.2 million. Daily transaction volumes are also on the rise, with BSC processing around 4 million transactions and opBNB achieving 7.1 million daily transactions, all while maintaining minimal fees of $0.001.
Security has improved markedly, with reported security incidents on the BNB Chain plummeting by 66%, and risk loss dropping dramatically from $162 million to just $53 million. Looking towards 2025, BNB Chain is committed to fostering early-stage projects, enhancing the user experience, and furthering initiatives to onboard the next cohort of users into the Web3 ecosystem.