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Important Development for BNB Chain! Left Ethereum and Tron Far Behind!
BNB Chain continues to grow quietly. According to a report by CryptoRank, BNB Chain saw an increase of 12 million active USDT addresses within a month.
According to the data, BNB Chain became the best network for USDT transactions last month with 12 million active wallets.
At this point, BNB Chain has surpassed Tron (TRX) and Ethereum (ETH). Thanks to the superior active USDT address numbers, BNB Chain is performing better in stablecoin transactions than TRON and Ethereum.
Users are migrating to BNB Chain, leaving TRON and Ethereum behind due to speed, low fees, and ease of use.
As BNB continues to grow quietly, it is expected that as the number of users increases in the future, they will prefer BNB Chain due to its fast and low fees, leading the network to emerge as a leader in the stablecoin market.
TRON ranks second after BNB Chain with 11.2 million active addresses, while Polygon comes in third with 2.6 million active wallets. Ethereum follows them with 1.8 million active addresses. According to the figures, USDT users prefer BNB due to its fast and cheap transactions, which offer financial advantages not available with other alternatives.
Once the preferred blockchain for USDT transfers, Ethereum is now struggling due to higher fees and slower transaction times. Solana and Arbitrum, despite their growth, have fallen further behind, each with less than 1 million active addresses.