- BNB Chain completes integration with The Graph, improving data access for developers.
- Recent upgrades to BNB Chain reduce transaction fees by up to 90%, improving the user experience.
The Graph now fully supports BNB Chain after successfully completing the chain integration process. By implementing indexing rewards at this critical inflection point, The Graph’s global network of indexers can provide developers with timely and accurate data.
By allowing developers to easily leverage enhanced data services, this connection significantly improves the effectiveness and performance of the BNB Chain.
I’m happy to welcome @graphprotocol to BNB Chain! 🤝https://t.co/kVTdR77enQ
— BNB Chain (@BNBCHAIN) June 24, 2024
CoinMarketCap data shows that the price of BNB is high at the time of writing $569.07down 3.64% compared to the previous day. Over the past seven days, this bearish trend has subsided 5.72%. Many things can influence BNB’s recent market performance, including general market trends and specific changes within the BNB ecosystem.
Recent upgrades to BNB Chain
Previously, CNF reported on a major update that BNB Chain had implemented, which reduced transaction costs by up to 90%. This update is proof of BNB Chain’s commitment to improving user experience and reducing costs for both users and developers.
It is expected that the lower transaction fees would attract more users and developers to the BNB ecosystem, increasing its overall popularity and usefulness.
Support for BNB Chain by the Graph is a critical advancement that will give developers better data access and management. The Graph’s decentralized protocol facilitates effective indexing and querying of blockchain data, simplifying application development and maintenance for developers.
Decentralized applications (dApps) can now benefit from strong and reliable data services thanks to The Graph’s global network of indexers.
With BNB Chain still developing, the ecosystem should benefit greatly from connecting to The Graph. Better data services and lower prices will help developers and perhaps encourage more creativity and growth within the BNB ecosystem.
