BNB Active Addresses Hit 8-Month Peak Amid Price ATH ...Middle East

The BNB Chain is witnessing a massive spike in active addresses, as this metric spikes to an 8-month peak following the recent price ATH. According to blockchain analytics platform Glassnode, the BNB Chain recently clinched 751,000 active addresses. This marks the highest level of activity observed on the network in the past eight months. Glassnode attributes the surge to rising on-chain activity and an improvement in network fundamentals, noting that active address momentum plays an important role. This metric often signals growth in network usage and adoption. However, despite the recent uptick, current active addresses remain well below the 2021 peak of approximately 1.5 million. Gl

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