BNB Chain Outran Other Ethereum Competitors in Several Metrics During Q2: Insights Firm Messari

BNB Chain Outran Other Ethereum Competitors in Several Metrics During Q2: Insights Firm Messari


Binance’s BNB Chain (BNB) outperformed other Ethereum (ETH) competitors in the second quarter of 2022, according to crypto insights firm Messari.

In a new analysis, Messari notes the BNB Chain has had a “breakout year” in terms of its non-fungible tokens (NFT) sector with the chain witnessing exponential growth in its NFT secondary sales volume and number of unique NFT buyers.

Source: Messari

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The crypto insights firm reports that BNB Chain also managed to chip away a little at Ethereum’s NFT sales volume dominance by the end of Q2.

Source: Messari

While the BNB Chain declined across most financial and network usage metrics in the second quarter due to macroeconomic conditions and the collapse of Terra (LUNC), it managed to outperform its competitors.

For example,

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