Markets News Report
March 13, 2024

BNB Chain Launches Airdrop Alliance Program for Exclusive Community Rewards and Airdrop Insights

In Brief

BNB Chain launched its Airdrop Alliance Program to reward community and share latest insights on BNB Chain projects’ airdrop plans.

BNB Chain Launches Airdrop Alliance Program to Reward Community and Inform Aabout Airdrop Plans

BNB Chain (BNB) blockchain ecosystem introduced the “Airdrop Alliance Program,” designed to reward the community for contributions to BNB Chain and increase awareness of airdrop plans initiated by BNB Chain projects, encouraging active participation from community members.

“The Alliance Airdrop is a strategic initiative that aims to enhance engagement and create excitement within the community. We are using this program as an additional tool to give thanks to the BNB Chain community for their support of BSC and opBNB. We look forward to working with top-tier projects to deliver the Airdrop Alliance Program,” said the core development team of BNB Chain in a written statement.

The program will initiate a strategic collaboration between BNB Chain and leading projects within the ecosystem that have yet to distribute tokens to contribute to the community by providing airdrops to retroactive users on BNB Smart Chain (BSC) and opBNB. The list of the Airdrop Alliance Program and the criteria for retroactive users will be disclosed shortly.

BNB Chain ecosystem comprises the world’s largest Layer 1 blockchain, the EVM-compatible BNB Smart Chain, and fosters a multi-chain ecosystem with BNB Greenfield and opBNB. Providing low gas fees and TPS, the BNB Chain ecosystem accommodates numerous decentralized applications (dApps) across DeFi, metaverse, gaming, SocialFi, NFTs, and infrastructure, each contributing value to its ecosystem.

BNB Token Surges Amid DApp Volume Growth

Coinciding with the announcement, the BNB Chain native token BNB registered a surge past $580 and is trading at $598 as of the writing time, reflecting a 12.6% increase over the last 24 hours, as reported by CoinMarketCap data.

The price of BNB has been steadily increasing over the past week, experiencing a surge of more than 40% and reaching its two-year all-time high on March 8th at $489.50. While this upward movement may be influenced by gains in the broader cryptocurrency market, it has established BNB as the third-largest cryptocurrency by market capitalization, excluding stablecoins.

According to analysts, the recent increase in BNB is justified by the 41% increase in dApp volume on the BNB Chain over the period of the last 30 days and its third-place position overall. Furthermore, BNB Chain stands out in terms of active addresses participating in its dApps, registering a notable count of 5.6 million.

The introduction of the “Airdrop Alliance Program” by BNB Chain signals a strategic move to engage the community, solidifying its position as a dynamic and thriving blockchain ecosystem.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa is a reporter for the Metaverse Post. She focuses on investments, AI, metaverse, and everything related to Web3. Alisa has a degree in Business of Art and expertise in Art & Tech. She has developed her passion for journalism through writing for VCs, notable crypto projects, and scientific writing. You can contact her at alisa@mpost.io

More articles
Alisa Davidson
Alisa Davidson

Alisa is a reporter for the Metaverse Post. She focuses on investments, AI, metaverse, and everything related to Web3. Alisa has a degree in Business of Art and expertise in Art & Tech. She has developed her passion for journalism through writing for VCs, notable crypto projects, and scientific writing. You can contact her at alisa@mpost.io

Hot Stories

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024
Join Our Newsletter.
Latest News

Custom HTML

by Valentin Zamarin
August 08, 2024

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Read More
Read more
Custom HTML
News Report
Custom HTML
August 8, 2024
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
Business News Report
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
March 29, 2024
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
News Report Technology
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
March 29, 2024
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
News Report Technology
Vitalik Buterin Advocates For Memecoins’ Potential In Crypto Sector, Favors ‘Good Memecoins’
March 29, 2024