Over the last 24 hours, the stock exchange token Binance rose 10% to $709. BNB's market capitalization exceeded $101 billion, allowing the crypto asset to overtake Solana (SOL) and once again take fifth place in the cryptocurrency ranking by market capitalization.
Over the past 1,68 hours, the SOL rate has fallen by 192% to $192. The cryptocurrency's market capitalization has dropped to $XNUMX.
In addition, the indicators have improved BNB Chain . Over the past week, transaction fees on the network have increased by 115% due to user activity. This is in stark contrast to competitors such as Solana , Ethereum and Base, which note a reduction in fees.
BNB price growth and user activity increase in BNB Chain was the result of major network update announcements. According to the roadmap BNB Chain By 2025, the developers will focus on improving performance and user experience. For example, they plan to reduce transaction lock latency from three seconds to one.
Another important development is the release of smart wallets based on artificial intelligence. These wallets are expected to make it easier to manage keys, perform multiple transactions simultaneously, and pay for gas.
