The year 2024 has been a transformative year for the BNB Chain ecosystem, marked by scalability, security, and developer support advancements. The year saw the ecosystem achieving milestones, from the network's consolidation under the ‘One BNB’ multichain strategy that enables BNB Chain to be an AI-first chain, to impactful initiatives like the Gas-Free Carnival and stablecoin incentives. Additionally, BNB Chain’s continuous prioritization of security led to a 67% reduction in financial losses from breaches and a 66% decrease in incidents compared to 2023. These improvements highlight its dedication to creating a safer blockchain ecosystem for users and developers. This blog provides a comprehensive summary of BNB Chain’s achievements, metrics, and initiatives throughout the year.
BNB Chain 2024: A Year of Growth and Transformation
The year 2024 has been a transformative year for the BNB Chain ecosystem, marked by scalability, security, and developer support advancements. The year saw the ecosystem achieving milestones, from the network's consolidation under the ‘One BNB’ multichain strategy that enables BNB Chain to be an AI-first chain, to impactful initiatives like the Gas-Free Carnival and stablecoin incentives. Additionally, BNB Chain’s continuous prioritization of security led to a 67% reduction in financial losses from breaches and a 66% decrease in incidents compared to 2023. These improvements highlight its dedication to creating a safer blockchain ecosystem for users and developers. This blog provides a comprehensive summary of BNB Chain’s achievements, metrics, and initiatives throughout the year. You can read the full report here. $XRP
The ‘One BNB’ multichain strategy emerged as a cornerstone of BNB Chain’s efforts to streamline operations and enhance cohesion within the network. opBNB has continued to improve scalability in the ecosystem, achieving 4,600 transactions per secondwith a gas limit.