The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

September 2022 – Binance Smart Chain Analysis

by Olga Ortega
October 8, 2022
in HodlX
HodlX Guest Post  Submit Your Post
 

Key data

  • In September, the average number of unique active wallets per day increased by 11.5%.
  • Average number of BNB transactions per day increased by 1.2% in September.
  • In September, average number of BSC blocks per day increased by 1.4%.
  • Average BSC gas price decreased by 2.1%, compared to August.

BSC transaction statistics

  • Average number of BNB transactions per day increased by 1.2%.

The average number of Binance Smart Chain (BSC) transactions per day in August was 3,212,922. The average number of BSC transactions per day was 3,252,189 in September. Compared to August, the average number of transactions in September slightly increased by 1.2%.

The chart below shows that the average number of transactions per day on Binance Smart Chain has increased – but it was still less than this value in June and July.

BSC average transactions per day

The largest number of transactions per day in September on Binance Smart Chain was registered on the 9th and was 4,219,357. The minimum number of 2,689,221 transactions was confirmed on August 25, 2022.

Binance Smart Chain daily transactions – September 2022

BSC block statistics

  • Average number of BSC blocks per day increased by 1.4% in September.

The “BSC average number of blocks per day” chart shows an increase of 1.4% in the average number of blocks per day on the Binance Smart Chain in September. The average number of BSC blocks per day in September was 28,586, and the average number of BSC blocks in August was 28,193.

BSC average number of blocks per day

The average size of blocks mined per day continues its decrease. It was 0.86 Gb in August. In September, this value was slightly reduced to 0.84 Gb.

BSC average size of blocks mined per day

Similar trend is shown on the “BSC total block size per month” Gb chart. It can be seen that the total size of blocks mined per month in the Binance Smart Chain in September 2022 was 25.1 Gb – 5.7% less than in August 2022 when this amount was 26.5 Gb.

BSC total block size per month

BSC gas prices statistics

  • Average BSC gas price decreased by 2.1%, compared to August.

The average gas price on the Binance Smart Chain in September was 7.1 gwei. In August, it was 7.2 gwei. It is a decrease of 2.1%.

BSC average gas price per month, Gwei

In September, there were no significant peaks in the average gas price per day. The price moved steadily in the range from 6.5 to 7.5 Gwei.

BSC average gas price per day, Gwei – September 2022

BSC active addresses statistics

  • In September, the average number of unique active wallets per day increased by 11.5%, compared to August.

The average number of daily active wallets on the Binance Smart Chain was 890,253 in September. In August, this number was 798,559. It is an increase of 11.5%.

BSC average number of daily active wallets

The average number of active smart contracts in September was 30,941. In August, this value was 31,855. It is a decrease of three percent.

BSC average number of daily active smart contracts

Data-driven conclusions

For Binance Smart Chain, September was not a bad month in terms of data. The network’s performance increased slightly compared to August.

The number of active wallets on the network has grown by more than 11%, which is a good indicator against the fact that September is traditionally considered the worst month of the year for the cryptocurrency market. But it is too early to talk about significant improvements in the direction of a change in trend.


Olga Ortega is the chief product officer and co-founder of the real-time DeFi explorer AnalytEx by HashEx. She is an accomplished expert in the field of IT, with over 12 years in development and implementation of large-scale data systems. Over the years Olga held managerial positions in multiple global organizations, such as IT giants Google and Facebook. At AnalytEx, she is responsible for driving the project’s development.

 
Check Latest Headlines on HodlX


Follow Us on Twitter Facebook Telegram

Check out the Latest Industry Announcements
 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/PHOTOCREO Michal Bednarek

Submit a Press Release

Industry Announcements

  • Open-Source Blockchain D-Ecosystem Raises $6 Million Ahead of IDO on March 29, 2023
    March 27, 2023
  • Bitget Becomes the First Centralized Exchange To Offer Financial Transparency Through Space and Time
    March 27, 2023
  • OKX Launches Turkish Lira Deposits and Withdrawals
    March 27, 2023
  • Cardano’s Top NFT Marketplace JPG.Store Announces Plans To Empower More Artists Globally
    March 27, 2023
  • Narwhal Finance Secures $1 Million in Seed Funding Led by Animoca Ventures
    March 24, 2023
  • Sports Prediction App Pooky Launches Full Version of Its Play-and-Earn Game
    March 23, 2023
  • StormGain Launches StormGain DEX for User-Friendly Decentralized Crypto Trading
    March 23, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$28,316.59
$28,316.59
2%
Ethereum
$1,802.53
$1,802.53
3.3%
Cardano
$0.380868
$0.380868
13.46%
XRP
$0.460298
$0.460298
19.52%
Dogecoin
$0.076029
$0.076029
5.81%

Spotlight

  • Crypto Trader Maps Path Forward for Aptos and Chainlink, Predicts Altcoins Will Fly Once Bitcoin Cools Off
    March 25, 2023
  • Owner of Major US Stock Exchange To Launch Crypto Custody Services by June: Report
    March 25, 2023
  • Crypto Whales Pounce on Ethereum Scaling Altcoin, Accumulating 13,310,000 Arbitrum (ARB) After Polygon Rival’s Airdrop
    March 25, 2023
  • Polkadot, Kusama and Cardano Leading Crypto Space in Terms of ‘Notable GitHub Activity’: Santiment
    March 25, 2023
NBX Warsaw Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl