BNB [BNB] marked a promising performance lately, which has induced more hope for the token’s investors. In the last 24 hours, BNB registered more than 5% gains. This made the altcoin one of the top gainers in the top 10 crypto-list by market capitalization.
At the time of writing, BNB was trading at $278.74 with a market cap of $44,958,934,096. Though the volatility of the crypto market makes it difficult to pinpoint a particular reason for an uptick, Binance’s new network upgrade might have played a major role in BNB’s performance.
Binance recently announced the launch of its new zkBNB. The innovation aims to address the issue of blockchain scaling in the BNB chain. The zkBNB uses the same underlying Layer-1 security level as the BNB Smart Chain to ensure safe and secure building opportunities.
<p lang=«en» dir=«ltr» xml:lang=«en»>We're excited to announce a significant breakthrough for #BNBChain scaling and ZK innovation.Introducing #zkBNB an industry leading zero-knowledge proof based scaling solution providing:
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