The Q1 2024 financial report of BNBChain presented by Coin98 Analytics exhibits substantial growth in all income statement metrics as compared to the previous quarter. With a 2.3-fold quarterly increase and a 2.8-fold yearly increase, the trading volume for $BNB surged significantly. The first quarter also noted BNB token holders crossing the 113 million mark.
BBNChain's Q1 2024 report further demonstrates an upward trend in active addresses over the past three quarters, recording over 1.3 million daily active addresses. The quarter saw nearly 378 million transactions carried out and more than 22 million new addresses created.
As for BNB Chain’s Q1 2024 ecosystem metrics, the total value locked (TVL) in the platform touched over $6.3 billion by the end of Q1, reflecting a 65.6% QoQ increase. The platform also witnessed immense growth in the NFT market with over 9.7 million NFTs created and NFT sales volumes seeing a 3.4-fold QoQ surge. Unique buyers of NFTs also increased 2.5 times compared to the previous quarter.