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October: AnalytEx Monthly Binance Smart Chain Analysis

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All charts are available at the AnalytEx BSC Charts & Statistics.

BSC transaction statistics

Average number of BNB transactions per day increased by 4.05%

The average number of BSC transactions per day in October was 3,384,010. The average number of BSC transactions per day was 3,252,189 in September. Compared to September, the average number of transactions in October increased by 4.05%.

BSC average number of transactions per day BSC Average Transactions Per Day (source: app.analytex.today)

The largest number of transactions per day in September on Binance Smart Chain was registered on the 12th and was 4,524,428. This is 7.23% more than the peak recorded in September.

Binance Smart Chain Daily Transactions, October 2022 Binance Smart Chain Daily Transactions, October 2022 (source: app.analytex.today)

BSC block statistics

Average number of BSC blocks per day decreased by 3.07% in October The average size of blocks mined per day continues to decrease

The average number of BSC blocks per day in September was 28,586, and the average number of BSC blocks in October was 27,733. The BSC Average Number of Blocks Per Day chart shows the decrease of 3.07% in the average number of blocks per day on the Binance Smart Chain in October.

BSC Average Number of Blocks Per Day BSC Average Number of Blocks Per Day (source: app.analytex.today)

The average size of blocks mined per day continues to decrease in the same steps of 0.02 GB. In August it was 0.86 GB, in September this value was 0.84 GB, and in October it was 0.82 GB.

BSC Average Size of Blocks Mined Per Day BSC Average Size of Blocks Mined Per Day (source: app.analytex.today)

The total size of blocks mined per month in the Binance Smart Chain in September 2022 was 25.09 Gb, in October 2022 it was 25.47. This value increased insignificantly by 1.51%.

BSC Total Block Size Per Month BSC Total Block Size Per Month (source: app.analytex.today)

BSC gas prices statistics

Average BSC gas price increased by 0.7% in October

The average gas price on the Binance Smart Chain in September was 7.06 gwei, in October it was 7.11 gwei. It is an increase of 0.7%.

BSC Average Gas Price Per Month BSC Average Gas Price Per Month, Gwei (source: app.analytex.today)

In October, the maximum value of the average gas price per day was on 6th and amounted 8.1 gwei.

BSC Average Gas Price Per Day, Gwei, October 2022 BSC Average Gas Price Per Day, Gwei, October 2022 (source: app.analytex.today)

BSC active addresses statistics

In October, the average number of unique active wallets per day increased by 18.8%

AnalytEx engine distinguishes wallet addresses from smart contracts addresses, hence is able to track user activity in addition to overall activity on the chain.

The average number of daily active wallets on the Binance Smart Chain was 890,253 in September. In October, this number was 1,057,560. It is an increase of 18.8%.

BSC Average Number of Daily Active Wallets BSC Average Number of Daily Active Wallets (source: app.analytex.today)

The average number of active smart contracts in September was 30,941, in October this value was 30,540. It is a decrease of 1.31%

BSC average number of daily active smart contracts BSC Active Smart Contracts Per Month, October 2022 (source: app.analytex.today)

Data-driven conclusions

Binance Smart Chain shows improvements in network activity and activation of active users, this is evident from the gradually increasing gas price and the number of active wallets, which increased by 18.8% - this is a very positive sign. As for the other indicators, they change slightly, but a little for the better.

All charts are available at the AnalytEx BSC Charts & Statistics.

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