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Every week, there are exciting updates in the Binance Smart Chain (BSC) ecosystem. Therefore, to keep readers informed, Altcoin Buzz looks at the latest BSC updates from the second week of December 2021.
1 – BSC-Based Biswap Records Significant Milestone
Biswap is a decentralized exchange for swapping BEP-20 tokens on the BSC platform. During the week, Biswap attained a new weekly all-time-high (ATH) of about $2,3 billion as a trading volume in the last seven days.
☄️@Biswap_Dex Hit New Weekly ATH!☄️
💥 $2 397 000 000+ Total Trading Volume in the last 7 days
Check the new record out:
👉https://t.co/WqBSPDV9gKWe are grateful for your activity and contribution!
Let's set new mighty records in #DeFi!🚀@BinanceLabs @BinanceChain pic.twitter.com/zgj9lQCTLz— Biswap (@Biswap_Dex) December 13, 2021
This is an impressive achievement for Biswap as it shows increased adoption alongside other development taking place on the system.
2 – Top-Rated dApps On the BSC Ecosystem
Based on the BSCDaily report, these are the top-rated decentralized applications (dApps) existing on the BSC ecosystem within 7 days:
- Venus Protocol ($XVS) tops the chart with $7.87 billion in volume.
- Biswap is ($BSW) second on the chart with $1.88 billion in volume.
- PancakeSwap ($CAKE) is third on the chart, with $1.67 billion in volume.
TOP BSC DAPPS BY VOLUME LAST 7 DAYS ‼$XVS @VenusProtocol$BSW @Biswap_Dex$CAKE @PancakeSwap@solo_top$ACSI @acryptosdao$CREAM @CreamdotFinance$ALPACA @AlpacaFinance$BANANA @ape_swap$MDX @Mdexswap$XMS @MarsEcosystem#BSC pic.twitter.com/CKDaTcjtoN
— BSCDaily (@bsc_daily) December 14, 2021
3 – Binance Smart Chain (BSC) Announce Support for Techfest, IIT Bombay
BSC ecosystem is tapping into the Indian blockchain market by becoming the Associate Sponsor for the 25th edition of Techfest.
This is an unusual step by BSC as Techfest is the yearly science and technology event of the Indian Institute of Technology (IIT) Bombay.
India 🇮🇳 has one of the largest blockchain developer communities and we're here to fuel it. #BSCIndia https://t.co/hgDgjsavJ9
— Binance Smart Chain (@BinanceChain) December 13, 2021
Notably, IIT Bombay is one of the best technical institutions around the globe and one of the best in engineering education and research. The first Techfest event took in 1998, allowing Indian students to show and grow their technical prowess. In addition, it’s among the biggest blockchain developers in India.
$BNB Price Outlook
Finally, at the time of writing, the price of $BNB is currently $508.67 with a 24-hour trading volume of $1,1 billion. $BNB price also dropped by 5.6% over the last 24 hours. Besides, it has a circulating and total supply of 168 million tokens.