According to recent scientific research, although the broader login password stock market bear market, but the Binance original ecological block chain technology BNB chain once again showed relatively steady activity growth in the fourth quarter of last year.

In a report entitled "the State of the BNB Transmission chain in the fourth quarter of 2022" released on February 5th, Messari researcher James Trautmann revealed that the Binance Network has continued to implement a proactive development strategy of deploying accounting and human resources in the ecosystem.

The researchers stressed that as a result of this continuous update and development trend, the average daily active address information trading volume "took advantage of the trend, increasing by 30% and 0.2% respectively."

In terms of chain franchise activities, the stock market bear market is generally a peaceful stage, but the elite team uses this period of time to build, design and develop their products again.

Although "2022 was a tumultuous year for password companies," Trautman wrote, BNB Chain "showed great overall strength in the fourth quarter to live up to its Build N'Build name, based on network upgrades and ecosystem expansion."

BscScan reported that BNB Chain's daily trading volume has been around 3 million yuan since mid-late August. However, daily BEP-20 OTP migration activity has increased this year, increasing by 66% on February 5th, slightly more than 5 million.

According to BscScan, the unique detailed address of the BNB intelligent chain is currently at the highest value in history in 250 million. The daily addition of unique detailed addresses increased by 41.3% over the same period.

Messari attributes the growth to the selection of a number of ecosystem contracts, such as the Web3 access agreement ticker, the surge in Defi activity on the Uranus agreement, and the increase in NFT activity in the OpenSea market.

In addition, according to DeFiLlama, the total amount locked in by BNB Chain Defi has increased by 25% since the beginning of this year to $6.62 billion.

BNB Chain has implemented a growth and development strategy, promoting major breakthroughs in selection and other aspects. It has updated its main functions many times, integrated with strategic partners, and expanded to Defi, NFT, GameFi and other industries.

However, while user activity has increased, financial performance has declined. The report shows that the average transaction cost fell, resulting in lower income.

Internet revenue fell 10% in the first quarter, but Messari showed that stock fundamentals were still proactive, concluding that:

In the final analysis, this is a proactive sign that the metal catalyst for customer growth will emerge after the basic user base and a very favorable valuation for BNB Chain's Internet, especially after the FTX drama takes place in the fourth quarter.

Looking to the future, Trautman indicated that he expects BNB Chain to continue to grow, including expanding solutions and increasing freight volumes.

According to Cointelegraph, BNB, the original token of the BNB chain, has fallen 1.2% to $326 in the past 24 hours. Tokens have risen 25% in the past month, but are still down 52.5% from the all-time high of $686 set in May 2021.