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<ul class="news-points"> 
 <li>All BNB’s income indicators in Q1 showed impressive growth of over 70%.</li> 
 <li>The BNB Chain generated $66 million in fees compared to the $39 million in Q4 2023.</li> 
 <li>In Q1 2024, BNB soared from about $313 to a multi-year high of $632.</li> 
</ul> 
The <a href="https://coinedition.com/bnb-chain-moves-to-liquidate-100-usdt-usdc-of-bnb-bridge-exploiter/">BNB Chain ecosystem</a> has recorded massive positive metrics through the year’s first quarter across all metrics, including revenue, earnings, and BNB’s price. Crypto surveillance account Coin98 Analytics recently <a href="https://twitter.com/Coin98Analytics/status/1775772195278692810" target="_blank" rel="nofollow">called</a> attention to this development in a post on X. Coin98 Analytics cited data from the tracking platform Token Terminal. 
Per the report, all income statement indicators in Q1 showed impressive growth of over 70% compared to the previous quarter. For instance, the BNB Chain generated $66.86 million in fees in the first half of 2024. This figure reflects a 70.5% quarter-over-quarter (QoQ) growth compared to the $39.21 million recorded in Q4 of 2023. 
<img decoding="async" width="624" height="548" src="https://lh7-us.googleusercontent.com/8nrHxH_kXXo17mCslDscnCcPKO8jNXdWeGbfvsXEr4xXf6vxEOsXzu-OWMJgnRBvbby0wc3HvyU9vumrCsH85ivGPBZI7IYKPEJT9hExcJlnJveaPNb0c0YH_Iaz6L9Q22WLhXhCXPIJkHQkLPJaeo0"> 
Similarly, the BNB Chain ecosystem saw a revenue of $6.62 million, an outstanding 77.9% increase from the last quarter. Interestingly, the ecosystem has recorded no expenses since last year, making its revenue value tally with earnings.&nbsp; 
On a year-over-year scale, …
The post <a href="https://coinedition.com/bnb-chain-q1-boom-fees-revenue-soar-70-amid-bnb-surge-to-623/">BNB Chain Q1 Boom: Fees, Revenue Soar 70% Amid BNB Surge to $623</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

BNB Chain Q1 Boom: Fees, Revenue Soar 70% Amid BNB Surge to $623

Coin Edition

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