INTRODUCTION

Weekly Recap Series of Cryptodaily.io will be updated weekly with all the information readers need on Binance Smart Chain: On-chain data analysis, weekly winner, project of the week, updated from projects, partnership, etc.

We believe this series by deep-dive and synthesizing will give you an overview of BSC every week. 

Our Weekly Recap Series will consist of 4 main parts as follows

  1. Data on-chain: Update and analyze data located on the blockchain such as Daily transactions, Unique addresses, Gas price, etc
  2. Panorama of the ecosystem: Analysis of the Binance Smart Chain ecosystem last week
  3. Important updated 
  4. News partnership
DK Mobile: Genesis 970x90

DATA ON-CHAIN

 BEP-20 Tokens By Holder

Uy5Ue72Vwtoif2Bh Kmlctgxi2Xv07Ce

As you can see Safemoon has the most number of holders, 3 times higher than second place (Busd). The positions behind are USDT, PEG, WBNB, and Cake

Token Transfers

Pippjk Y4 Hso71Jr7Mb

There has been a significant change in the past week. Not to mention stablecoin tokens, My Defi Pet is at the top in all 3 rankings. From the data of the past week, It’s safe to say that the current trend might be NFT play to earn.

Unique addresses

4Wxuxcqgfbhffhbnh1Ougjlxjrbev2R0Mlkzupvb2Itta6Gw63Avgx

Back in January 2021, BSC only had 651.040 Unique addresses. Today BSC had 83,828,409 has increased 128 times compared to the beginning of this year. Compared to other chains, BSC is currently in the top 1 in terms of quantity and growth rate

BNB performance 

513Uxifidr Riimr8Kwle0Qniybcnjn9Jzttylp5Zwizympfoeemfr6Jzqqtyo6 Owt

Source: Tradingview

-BNB has fallen nearly 7% the last week

-Price has rejected off major resistance zone of $329

-200 MA continues to act as a barrier

While looking at the Stochastic RSI, we can see bears have control as strength is sitting in the oversold territory below 20. Strength must break above 20 to save BNB from further downside. The regular RSI shows indecision as it is playing around the 50 value. If the RSI can hold this mark, BNB will likely have another try at its major resistance zone.

Panorama Of The Binance Smart Chain Ecosystem

Ju3Jcpz C9Uohfe0Lfxkzhgytlqtpanq7Gxxyl29Nsrkpko Sdg Y 1U0Mt11Jy5Ww4Oh0Rgf2E6Pgkesuoolvbkbqvpsg8Km4Gl5Bm1R1Wna Lq3Ouhoxz9G7O3Stuiyxepvsfp

DeFi on BSC:

BSC’s Total Value Lock 

BSC’s total Total Value Lock is down $1B from last week, possibly due to the recent BTC drop dragging down the entire market but
May alone accounted for over half the volume in the quarter, which unsurprisingly also marked the local top of the market.

F

Some projects have had impressive growth in the past week

Xfajhpchogzzysx9Qeed0Nwqva9Etm9 Hkm 0Qfxqtn5Ob5Dsdvvxtqk55Vccz 8Sq71Xyugu 3Vp27Xglqrfpy4Luiiwnkwwrrjeixfqhrwejbvz1Tjowkdgjc Rcsummmzgtr5

Decentralized Exchanges

Since May, DEX volumes have halved, with June volumes falling to $95 billion. Still, despite the decrease, the month was still the third-highest all-time.

Zooming in on how the competitive landscape evolved throughout the quarter we see a pretty dramatic shift in PancakeSwap’s standing. While for a brief moment in April the breakfast-themed DEX flipped Uniswap in volumes, since then its market share has plummeted due to the rise of Uniswap V3 and the fizzling out of the Binance Smart Chain Ecosystem following the May crash. By the end of the quarter, Uniswap reached a 54% share of weekly volume, its highest level since November 2020.

Some of BSC’s DEXs like Wault, Ape have risen to the top 20. 

Bjss1O5P1Xqy21Ynrupna8Qxk Zjydzvlr9Fzinh4Aeacbbql8Du6Ilubqkqrwxd 7Opiqvo5Q Qhqh9Grom4Xwllifbpei3Nbbo6Yfac1Yed73Qjuf43Zbi39Ja Peqs4Hs3Uq5

The Transaction Volume

Mdex surpassed PancakeSwap and went to 1st place in transaction volume and Dodo witnessed a dramatical gain wit

 h 407.14%, stayed at 7th place.

Pcrsgvhon C6J2Pmtp1F5Ks7Kk4F8Fvdfebjuqfvxqcxjcudtoemh3Pibhpow F7Rz Oulq1Naiya0A4Gyxlp4V8D9Vuggchnr7Yjkcambdgxohop2Yfxfdojijro9Y2Sfipljtt
DK Mobile: Genesis 970x90

Important Updated 

  •  BinanceSmartChain has grown almost 2,000% in the last six months reaching more than 394,000 daily unique active wallets
  • Coin98 and Kalata featured on Binance project spotlight and 
Gu4Omcuwyhlbicr29Yl8O0Rtewvmzhjmgzojejfwmd8Y96Olisjkzhl22 Desvhirgtlgnvx Pdq Oaocjoebbteuux4Lt6W40Qjisv3Xlwhz 9Bg2W8V4Zrgxrkv7Hxejmo66
  • Meet top 20 finalists for MVB II: Phase Two

Top 10 best projects which each will receive:

$10,000 grant for each project

Security QuickScan from Certik

Sponsorship for full security audit

Exclusive incubation workshop with industry experts

Bbihyiczuntuactrk Kmvs1Jgc5Avwkuwc Om4I3Vqeddhlxiv39Dsypvlc Zohpxmq8Iqx
  • PancakeSwap Lottery V2 is back 

To kick things off, there’s a massive >$5 Million in prizes waiting to be injected over the first week of the new lottery!

  • LaunchZone announces their new roadmap update and many other important events 
A6Kstip6B4Qzjsik7Tjkgvbv7P9Gmc6De4Iq4Xviqskmbjfqg99Xxc Mzx Prglei6Veuts6 Gcjojyds8Zfidm9Agobmtivtgzbai5Kgjs6B5Ka9Evz7Js47Bn1Nbl 6Zm4Inrc
  • Autofarm’s first governance proposal will be going live on 8th July 2021 at 10am UTC
Ogrvlzdzoghg

Partnerships 

  • Binance Smart Chain team up with Immunefi to bolster the security of the #BSC ecosystem and help projects build a safer environment for their users
  • BinanceChain launching future mystery box drops on the occasion of the 4th birthday
Prz G2628Ut5Jyms Hx2Vxm Pyoevlktzumfgxn5O Mwiamwqrdpb6X4Jfokha5Y1Qbtupqcu6Sgcytgeptoffpxik33Rvoc U8Ufbdxbid
  •  Alpaca Finance partnership with Tusd. $20M Capital Infusion Into Alpaca and New Lending and #yieldfarming Pools!
Lyc9Ifhld Zftqisasux4W5Cwgmziwvoqep4Mnljdz2Rl Urds8Iartsswx0Xdj5E

SUMMARY

In many cases, BSC saw activity decrease in the second half of the quarter as speculation in markets died down. But this past week we all witnessed an explosion of new trends NFT 

Play To Earn 

Following the success of Axie Infinity, NFT game projects at BSC all have outstanding growth 200%+ such as FaraLand, CryptoBlades, My Defi Pet v.v.. 

Investors still have faith and do not leave the market. Binance Smart Chain ecosystem is still a fertile land and needs to be exploited

DK Mobile: Genesis 300x250