Beacon Chain, a blockchain developed for staking and governance, is scheduled to close in June, which is one of the major events for BNB in May. This was only a temporary decision, and now it's over. The DEX module and all other features of Beacon Chain will be moved to Binance Smart Chain. Moving assets from one network to another is a must for anyone concerned about asset loss. This is also relevant when it comes to reassigning BNB tasks. Binance Smart Chain had received over 95% of staked tokens by May's end. More people may be interested in purchasing Binance Coin if this new feature is introduced.



For the most part, BNB is still a success. Since the FTX cryptocurrency exchange collapsed in November 2022, just eight altcoins have managed to surpass Bitcoin's all-time highs. Among these is Binance's native coin.


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