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BNB Chain has made a significant advancement in scalability with the Maxwell upgrade, which has reduced the
time from 1.5 seconds to 0.75 seconds. This change has doubled the number of blocks produced daily, resulting in approximately 115,200 blocks per day for Chain. In comparison, , with its 12-second block time, produces around 7,200 blocks daily. Even with the proposed Glamsterdam upgrade in 2026, which aims to reduce Ethereum's block time to 6 seconds, it would still only produce about 14,400 blocks per day, placing BNB Chain at nearly eight times the block production capacity. The increased block frequency enhances transaction throughput and reduces confirmation times, offering improved performance across decentralized applications.The increased block speed on BNB Chain appears to be driving greater user engagement. On-chain metrics indicate that BNB Chain recorded over 2 million daily active addresses, compared to Ethereum’s 411,000. This disparity suggests broader participation and activity on the BNB Chain network. Additionally, BNB Chain recorded a trading volume worth $7.38 billion in 24 hours in terms of decentralized exchange (DEX), while Ethereum recorded $1.44 billion over the same time frame. These figures suggest that the higher processing speed of BNB Chain could enable it to handle a larger number of transactions per day and attract more users to its DeFi platform.
Despite BNB Chain's gains in user activity and trading volume, Ethereum maintains its leadership in total value locked (TVL) and protocol revenue. This indicates that while BNB Chain can support more transactions and users, Ethereum is associated with more substantial capital inflow and valuable transactions. Ethereum's close relationship between active addresses and its market price over the last three months suggests that investors are gaining interest, positioning Ethereum as a favored network to host high-value DeFi protocols and long-term capital deployment.
While BNB Chain focuses on scale and speed, Ethereum continues to dominate in value retention and protocol profits. The future development and usage patterns of these networks within the broader blockchain community will determine their long-term success. Both networks are still evolving, and the successful implementation of future improvements could shape their competitive landscape.
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