BNB price soars as Binance Smart Chain Announcments "BEP 336" Upgrade.
Binance Smart Chain (BSC), also known as BNB Chain, has unveiled the "BEP 336 upgrade," which is inspired by Ethereum's Dencun improvement (EIP 4844) and seeks to improve data storage and processing on the blockchain.
The update is projected to drastically lower transaction fees, enhance network speed, and boost the price of Binance Coin (BNB) closer to its previous all-time high (ATH) of $686, set in May 2021.