Binance’s Layer-2 Solution opBNB Mainnet Goes Live, Paving the Way for Public Launch

2:33 pm
August 16, 2023

BNB Chain’s opBNB mainnet, a layer-2 scaling platform built on the OP Stack that utilizes Optimistic Rollups, has been launched for infrastructure providers, moving closer to its anticipated public launch. The mainnet deployment comes after a successful one-and-a-half-month testnet phase. opBNB is expected to play a crucial role in enhancing the performance of the BNB Chain ecosystem, particularly in areas such as gaming, decentralized exchanges (DEXs), and digital collectibles.

opBNB Mainnet Launch for Infrastructure Providers

With the launch of opBNB’s mainnet for infrastructure providers, the next step is the public launch, which is expected to drive adoption among developers and projects.

“Today, opBNB mainnet opens up to Infrastructure providers 🙌 Read our Path to Mainnet blog to find out more as we get one step closer to the public opBNB mainnet launch.”

– BNB Chain (@BNBCHAIN)

Binance introduced the opBNB testnet on June 19 and recently announced the upcoming launch of the protocol’s mainnet through a promotion called “Odyssey.” Mainnet deployment is scheduled for this month, signaling a significant milestone for BNB Chain in the decentralized finance ecosystem. During the testnet phase, the BNBChain community conducted over 7 million on-chain transactions, with a daily transaction range of 100,000 to 150,000. The network also saw more than 6,000 daily active users and 40 deployed dApps.

BNB Price Outlook

At the time of writing, BNB, the native cryptocurrency of the BNB Chain ecosystem, was trading around $233, experiencing a 2% decline in the past 24 hours and a nearly 5% decrease in the past week. Total value locked assets on the chain amounted to $3.07 billion.

FAQs

What is opBNB mainnet?

opBNB mainnet is a layer-2 scaling platform built on the OP Stack that utilizes Optimistic Rollups. It aims to improve the performance of the BNB Chain ecosystem by enabling low gas fees, network stability, and security.

What are the benefits of opBNB mainnet for infrastructure providers?

opBNB mainnet provides infrastructure providers with an opportunity to participate in the next phase of the platform’s development and contribute to its public launch. It opens up possibilities for developers and projects to leverage the features and capabilities of opBNB.

How long was the opBNB testnet phase?

The testnet phase for opBNB lasted one and a half months. During this period, the BNBChain community conducted over 7 million on-chain transactions and saw more than 6,000 daily active users.

What is the price of BNB?

At the time of writing, BNB was trading at around $233. It experienced a 2% decline in the past 24 hours and a nearly 5% decrease in the past week.


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