Unique addresses on the BNB Chain crossed 230 million, surpassing Ethereum and becoming the “largest layer 1 blockchain in the world,” according to a company statement.

Meanwhile, the network also witnessed “record-breaking highs” in transactional volume — reaching 9.8 million transactions in May.

BNB Chain reported that the blockchain has “made significant strides in onboarding the next billion users into Web3.”

(by Josh O'Sullivan)