Economic growth of Binance Smart Chain (BSC)

Binance Smart Chain (BSC) is one of the fastest growing blockchain ecosystems in the world due to lower transaction time and cheaper fee when compared to other blockchain ecosystems. Furthermore, developers can easily migrate from Ethereum to Binance Smart Chain (BSC). As a result, the number of daily transactions increased from 300,000 transactions per day in January 2021 to a maximum of 12,000,000 transactions per day in August 2021. Additionally, the average daily transactions in April 2021 to August 2021 amounted to 7,000,000 transactions per day.

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