$BNB On July 23, BNB, the native token of the BNB Chain network, reached a new all-time high after surpassing $800 per coin. The increase in on-chain activity of the network created by Binance anticipated this growth since early June.

At the time of this writing, the token is trading at $798.

Daily transactions, which reflect the number of operations recorded on the network, grew from 4.7 million on May 1 to nearly 14 million on July 22, an increase of 198%. This indicator shows a growing adoption of the BNB Chain.

This measurement found its most recent peak on July 20, when the network processed more than 17 million transactions (far from the all-time high reached in December 2023, with 32 million).

At the same time, active accounts, which represent the unique wallets interacting with the network, increased from 1.1 million on May 1 to 2.5 million on July 20, a rise of 127%. Additionally, the total number of addresses reflects a figure of nearly 596 million, having added 285,000 accounts in the last 24 hours.

This growth suggests an expanding user base, attracted by the capabilities and services on BNB Chain, such as trading on decentralized exchanges (DEX). This trading has far surpassed that of Solana and Ethereum from mid-May to the present.