One of the world’s leading smart contract blockchain formations, BNB Chain, today made an announcement about the launch of the “Airdrop Alliance Program”. This program, which is developed to both reward the community for their support of BNB Chain and to increase awareness for the airdrop plans of top-level BNB Chain projects, is based on the active participation of community members.
Current Status of BNB Chain
The Web3 industry seems to be growing day by day. From Bitcoin‘s halving, to the approval of Bitcoin ETF, and the support of Dapps with mass crypto adoption, there are many developments that can be attributed to this growth.
One of the trending topics supporting participation in Web3 lately is none other than airdrops. The distribution process of these tokens is described as a system based on rewarding investors and users who demonstrate their loyalty to protocols and projects.
The Airdrop Alliance Program of BNB Chain will include a process that will take place between BNB Chain and top-level projects that have not yet issued tokens in the ecosystem. It will cover airdrops to users who have transacted in the past on BNB Smart Chain (BSC) and opBNB.
The BNB Chain Core Development Team shared the following statement:
The Alliance Airdrop is a strategic initiative aimed at increasing participation and creating excitement within the community. We are using this program as an additional tool to thank the BNB Chain community for their support of BSC and opBNB. We look forward to working with top-level projects to present the Airdrop Alliance Program.
If one were to define BNB Chain, it is positioned as a community-focused blockchain aimed at removing barriers to the adoption of Web3.
BNB Price in Dollars
BNB price has maintained its strong stance following past major fiascos and began to recover with the appointment of the new CEO. After all these events, the BNB price increased by 12% to reach the level of $599.
The market cap of BNB also saw a 12% increase and rose above the $89.5 billion mark, solidifying its position at 4th place. BNB’s 24-hour trading volume experienced a 423% surge, surpassing $5 billion.
The rise in BNB was noteworthy during the days when Bitcoin was refreshing its ATH. On the other hand, upcoming airdrop announcements in the following days could have significant impacts on the BNB price.