Optimism price is basking in the news of BNB Chain’s newly introduced Optimism-powered layer-2 testnet opBNB. On June 19, BNB Chain announced the launch of its opBNB testnet. The newly launched layer-2 scaling solution based on Optimism Stack will boost the Binance Chain network’s security and scalability. Following the launch, the Optimism token has scored an over 6% price increase today, June 20, after an over 3% decline on June 19. Binance-owned Blockchain Newly Introduced Optimism-powered Layer-2 Scaling Solution The scaling solution, opBNB, will increase transaction throughput, reducing network fees. BNB Chain currently processes about 2,000 transactions per second at $0.10 per transaction. However, according to the latest announcement, opBNB would support over 4,000 transactions per second at a cost below $0.005. Related Reading: Bullish Signal: Bitcoin Realized Profit And Loss Fall To October 2020 Levels BNB Chain noted that opBNB optimizes data accessibility, and catching layer, and adjusts the submission process algorithm to enable simultaneous operations. That would allow the network to increase the gas limit to 100 million per block from the 30 million currently allowed on Optimism. Binance described opBNB as the solution ..
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 Soars Over 6% Following Launch On BNB Chain){kind=link}