BNB Chain hits 500m active addresses at the heels of TST frenzy and MEV concerns
Binance Smart Chain exceeded 500 million unique active addresses, coinciding with the frenzy surrounding the launch of its part of TST Test.
In a historic stage, Binance Smart Chain exceeded 500 million unique active addresses, according to a recent X post by Whale Insider. This achievement takes place on the launch of TST same corner, a test token launched by the BNB channel team for a tutorial video on how to create a piece of memes on the oven platform.meme launchpad on the channel BNB.
Initially intended only for educational purposes, TST unexpectedly took a full -fledged life, an upgraded amount of 1 100% during its first three days. The token reached a summit of $ 0.52 before crashing at $ 0.20, a drop of 62% compared to its peak, according to Coinmarketcap.
The start of the TST pump dates back to a brief appearance of the name of the token in a single frame of the tutorial video. The video was briefly deleted after this discovery, but the co-founder of Binance, Changpeng “CZ”, Zhao, later asked the team to put it back online. In Son post XCZ said that TST was not an official token and had no connection with the BNB chain beyond its demonstration role for the tutorial.
However, although the token was created for educational purposes only, it has had an involuntary advantage, because the speculation that results from TST has probably played a role in the recent increase in unique active addresses on the network.
Like the number of active addresses on the Binance Smart Chain continues to increase, it brings its Mev problem in a clearer concentration. Maximum extractable value (MEV) refers to the additional profits made by validators by manipulating the order of transactions, often through leading attacks and sandwich, which exploit the vulnerabilities of the network for financial gain.
The sandwich attack in particular has become a notorious feat on the BNB channel, users losing millions of dollars while bots manipulate transactions to make a profit. In 2024 alone, users of the BNB channel would have lost about 1.5 billion dollars against these types of attacks, highlighting the vulnerability of the network as overvoltage of the volume of negotiation.
The founder of Binance, Changpeng Zhao (CZ), recently surfaced the Mev problem On X by publishing a survey on X asking if the BNB channel should eliminate / reduce MeV problems aggressively.
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