BNB Chain Enhances Network with AI Features Amid Solana Meme Coin Decline
BNB Chain is enhancing the Binance Smart Chain (BSC) to meet the rising demand for meme coins. Key updates include:
- Improved transaction throughput and performance.
- Increased validator capacity to process more bids per block.
- Enhanced transaction speed for memecoin swaps.
The BSC gas fee reached $15 million due to increased activity, with daily fees exceeding $5.8 million and trading volume at $3.7 billion as of February 13, marking a 66% weekly increase.
To protect users from malicious miner extractable value (MEV) attacks, BNB Chain has implemented safeguards such as penalizing bad actors and empowering community voting against irresponsible validators. The BNB Evolution Proposal aims to reduce transaction vulnerabilities.
Community-led tokens have seen significant interest, including TST and BROCCOLI tokens, linked to Binance founder Changpeng Zhao. After an accidental exposure in a tutorial, TST's market cap surged to $35 million before BNB Chain clarified it was not an official token. A $4.4 million liquidity program was launched to support innovative meme coins, engaging over 70 projects on the launch day.