Binance’s 2023 roadmap and BNB’s reaction: All you need to know

ambcrypto.com:

On 14 February, Binance Coin [BNB] posted its tech roadmap for the year 2023, highlighting its plans for the year and projects in the pipeline. Interestingly, on 24 February, Messari shared a report on the same, mentioning the most notable points of the roadmap.

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The roadmap’s first project was the launch of a new storage network named BNB Greenfield, which went live recently. Within the larger BNB Chain ecosystem, BNB Greenfield is a decentralized storage infrastructure where users and dApps can create, store, and exchange data. 

As per the roadmap, this year Binance will also focus on its multichain solution by introducing multiple ZKP rollup-based L2s for applications with massive users and pre-defined logic. BNB already launched its Parallel EVM v1 and v2 in 2022, and in 2023, it plans to introduce Parallel EVM 3.0.

Another major update was that BNB will increase the network’s gas limit from 140 million to 300 million in 2023. This change in gas limit will allow BNB Chain to process over 5,000 transactions per second. The new gas limit and increased transaction speed can help BNB gain more users.

Incidentally, Dune’s data revealed that the number of transactions on BNB Chain has been increasing since the beginning of this year, outperforming the rest. Moreover, the number of transacting addresses also increased considerably. Both developments reflected the increased usage and adoption of BNB.

Source: Dune

While these updates looked optimistic for the chain, its performance on the metrics front fluctuated over the last 30 days. For instance, BNB’s weighted sentiments remained on the negative side over the past few weeks. The token’s development activity also