• BNB Chain has announced that its layer 2 scaling platform opBNB mainnet is now live for infrastructure providers.
• The testnet for the layer-2 scaling solution built on the OP Stack took one and half months.
• Binance released the opBNB testnet on June 19 and recently unveiled a promotion dubbed “Odyssey” as it revealed the imminent launch of the protocol’s mainnet.
opBNB Mainnet Goes Live
BNB Chain has announced that its layer 2 scaling platform opBNB mainnet is now live for infrastructure providers, putting the EVM-compatible solution on the path to the much anticipated public launch. opBNB is built using the OP Stack and leverages Optimistic Rollups to allow for low gas fees, network stability and security. Its importance to the optimal performance of the BNB Chain ecosystem could be felt across gaming, decentralised exchanges (DEXs) and digital collectibles.
Testnet Performance
On-chain transactions by the BNBChain community during the testnet surpassed 7 million, with a daily transaction range of 100-150K. A total of 435,972 unique wallet addresses connected to the network, Binance noted in a recent post highlighting opBNB’s testnet performance. The network also saw more than 6k daily active users and 40 dApps deployed on the testnet during the one-and-half months of testing.
Promotion „Odyssey“
Recently Binance unveiled a promotion dubbed “Odyssey” as it revealed the imminent launch of opBNB’s protocol mainnet to ramp up adoption from developers and projects alike. Odyssey will reward participants who complete certain tasks related to building or interacting with projects running on top of opBNB protocol with rewards such as tokens or discounts when purchasing products & services in Binance ecosystem including DEXes & NFT Marketplaces powered by OP Stack technology stack & other services available in Binance Ecosystem.
Price Outlook
At time of writing, BNB was trading around $233 – down 2% in 24 hours and nearly 5% in past week while preparing for significant milestone that could revamp its position in decentralised finance ecosystem.
Conclusion
The deployment of Layer 2 scaling solutions like opBNB could lead to increased user activity by providing low gas fees, network stability and security which are essential aspects needed for successful blockchain networks today