• BNB Chain’s Layer 2 scaling platform opBNB mainnet has gone live for infrastructure providers.
• The testnet for the EVM-compatible solution was deployed after one and a half months of testing.
• Binance recently announced the imminent launch of its public mainnet, which is set to take place this month.
BNB Chain’s 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.
The testnet for opBNB took one and half months before being deployed. On-chain transactions by the BNBChain community during this period surpassed 7 million with a daily transaction range of 100-150K. A total of 435,972 unique wallet addresses connected to the network, as 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 it during this time frame.
As part of its announcement regarding imminent launch of its public mainnet, Binance unveiled a promotion dubbed “Odyssey” earlier this month. This promotion is open to developers who are interested in deploying their projects on opBNB’s Layer 2 scaling platform once it goes live publicly later this month.
The native cryptocurrency powering the BNB Chain ecosystem (i.e., BNB) was trading around $233 at the time of writing – down 2% in the past 24 hours and nearly 5% in the past week; however, these figures may change significantly once opBNB’s public mainnet launches later this month as adoption from developers and projects could bring fresh attention towards it.
opBNB’s Layer 2 scaling protocol is now live for Infrastructure providers paving way towards its much awaited public launch later this month; meanwhile, an Odyssey promotion has been launched by Binance inviting developers to deploy their projects on its platform once it goes live publicly; finally price outlook suggests that adoption from developers could bring fresh attention towards it resulting in corresponding change in prices; only time will tell how successful opBNB proves out to be once fully launched!