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Scaling Up to Meet Demand
BNB Chain is upgrading its network to manage the surge in memecoin trading, which has led to record-high transaction fees and network congestion. The latest update improves block processing speed and allows validators* to handle more transactions per second, reducing delays.
Memecoins Drive Market Growth
Memecoins like Test (TST) and Broccoli have fueled increased trading on BNB Chain, with daily fees reaching $5.8 million and 24-hour trading volume hitting $3.7 billion. The trend was amplified when Binance founder CZ Zhao unknowingly sparked a memecoin frenzy on social media.
Boosting Liquidity and Security
To support memecoins, BNB Chain launched a $4.4 million liquidity program, rewarding high-performing tokens. Additionally, new security measures aim to prevent MEV attacks, where bad actors manipulate transactions for profit.
Future Upgrades
BNB Chain’s 2025 roadmap includes sub-second block times, gasless transactions, and AI-driven improvements to enhance speed and security while fostering continued innovation in the memecoin space.
*Validators: Network participants who verify and process transactions to maintain blockchain security.
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