Welcome Bonus: Sign Up & Get Up to $150 in BTC

Get Started

DeFi activity on Binance Smart Chain increased 487% since 2020

The activity on BSC keeps increasing, judging by the latest data, which revealed a 20% boost compared to the previous quarter.

DeFi activity on Binance Smart Chain increased 487% since 2020

Image by rawpixel.com

The activity on Binance Smart Chain (BSC) continues increasing as the number of unique active wallets (UAW) connected to the network surpassed 608,500 per day on average during Q3, according to DappRadar’s recent report.

The popular data acquisition and analysis company noted that this reflects a 20% increase quarter-over-quarter, while, over a year period, the metric rose an impressive 487%.

To read the rest of this article, sign in or join CryptoSlate Edge.

Get an Edge on the Crypto Asset Market

Even though the crypto market is fast-moving and often confusing, CryptoSlate Edge can help make sense of it for you. Edge is a yearly membership intended to help you become a more knowledgeable crypto investor and better decision-maker.

Here's what's included in your membership:
Exclusive Articles and Analysis

Get an analytical edge by accessing members-only articles with insights from our researchers.

Private Discord Community

As an Edge member, you will access new articles first and be able to ask our journalists questions in our private Discord.

Access to All Innovative Projects and Curated Sectors

Follow new projects and crypto sectors with our manually curated data for over 50 industry verticals.

Enhanced Data In News Articles

See the TradingView price charts and IntoTheBlock sentiment and on-chain data in market analysis articles.

Exclusive Video Interviews with Crypto Founders

Get access to the exclusive recordings of our interviews with founders we use for our articles.

Ad-Free Experience

We hide all advertisements for CryptoSlate Edge members.

Pay with Crypto ($228)
BTC · ETH · USDC · DOGE · LTC · DAI · BCH