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BNB Chain Rolls Out Maxwell Hard Fork on Testnet
The BNB Chain development team has successfully launched the Maxwell hard fork on its testnet, marking a pivotal step toward greater network performance and scalability. This latest blockchain upgrade brings substantial improvements to block production speed and overall network efficiency.
Faster Blocks, Enhanced Throughput
The Maxwell hard fork reduces block creation time to an impressive 0.75 seconds and enables the network to produce up to 16 consecutive blocks. These enhancements are crucial for boosting transaction speed and alleviating network congestion. Ultimately, the upgrade aims to make BNB Chain more scalable and supportive of a diverse range of projects, including DeFi, GameFi, and enterprise blockchain solutions.
BNB Chain Leads in Transaction Growth
Recent analytics reveal that BNB Chain experienced a remarkable 49% increase in transaction activity over the past week—the highest growth rate among leading blockchain networks. Decentralized exchange protocols built on BNB Chain processed more than $100 billion in transactions in the last 30 days, even surpassing Ethereum and Solana during this period.
BNB Price Targets $720 Amid Uptrend
The native BNB token has been on an upward trajectory as well. After breaking through key resistance levels, analysts suggest BNB could reach the $720 price range, provided it sustains crucial support between $600 and $660. At the time of writing, BNB is trading around $675, reflecting growing investor confidence after these network upgrades.
BNB Chain’s latest developments underscore its ambition to lead in blockchain innovation and provide fast, scalable, and reliable infrastructure for the crypto ecosystem.
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