BNB网络在监管挑战中蓬勃发展，但悲观情绪依然存在

尽管面临监管压力，BNB 网络指标仍在飙升，第一季度网络收入突破 6600 万美元

BNB Network Soars Amid Regulatory Headwinds, But Bearish Sentiment Lingers

BNB网络在监管逆风中飙升，但看空情绪依然存在

Despite facing intense regulatory scrutiny, the Binance Smart Chain (BNB) has emerged as a resilient ecosystem, posting impressive growth metrics in the first quarter of 2024.

尽管面临严格的监管审查，币安智能链（BNB）已成为一个有弹性的生态系统，并在 2024 年第一季度发布了令人印象深刻的增长指标。

BNB Network's Financial Performance Surpasses Expectations

BNB Network财务业绩超预期

The BNB network generated a staggering $66.8 million in revenue in Q1, a remarkable 70% surge from the previous quarter. This unprecedented revenue growth outpaced any other quarter in 2023 and was primarily driven by the appreciation in the value of BNB.

BNB 网络在第一季度创造了惊人的 6680 万美元收入，比上一季度大幅增长 70%。这一前所未有的收入增长超过了 2023 年任何其他季度，主要是由 BNB 价值升值推动的。

Gas fees from Decentralized Finance (DeFi) transactions remained the network's primary revenue source, contributing 76,200 BNB, a modest increase from the previous quarter. DeFi transactions accounted for a significant 46% of total revenue. Notably, stablecoins experienced a surge in revenue, with a 29% increase from 19,500 to 25,100 BNB quarter-over-quarter (QoQ).

来自去中心化金融（DeFi）交易的 Gas 费仍然是网络的主要收入来源，贡献了 76,200 BNB，较上一季度略有增长。 DeFi 交易占总收入的 46%。值得注意的是，稳定币的收入大幅增长，环比增长 29%，从 19,500 BNB 增至 25,100 BNB。

However, the network's revenue growth was not uniform across all categories. The Gaming and Infrastructure categories witnessed notable declines in revenue.

然而，该网络所有类别的收入增长并不均匀。游戏和基础设施类别的收入显着下降。

Network Activity Remains Strong Despite Decline in Transactions

尽管交易量下降，网络活动仍然强劲

Despite an overall 9% decrease in average daily transactions from the previous quarter, the BNB network saw a significant 26% growth in average daily active addresses, which increased from 1.0 million to 1.3 million.

尽管日均交易量较上一季度整体下降 9%，但 BNB 网络的日均活跃地址却大幅增长 26%，从 100 万增加到 130 万。

Several protocols on the BNB Smart Chain experienced substantial growth in average daily transactions. USDT emerged as a dominant stablecoin, recording 619,300 daily transactions, a 22% increase from the previous quarter. It significantly outpaced the second-ranking protocol, PancakeSwap, which averaged 345,200 daily transactions, a modest 4% increase.

BNB 智能链上的多个协议的日均交易量大幅增长。 USDT 成为主导稳定币，日交易量为 619,300 笔，较上一季度增长 22%。它显着超过了排名第二的协议 PancakeSwap，后者日均交易量为 345,200 笔，小幅增长了 4%。

USDT and PancakeSwap accounted for an impressive 74% of protocol transactions, a 10% increase from the previous quarter. Overall, average daily transactions involving protocols increased by 5%, from 1.2 million to 1.3 million.

USDT 和 PancakeSwap 占协议交易量的 74%，比上一季度增长 10%，令人印象深刻。总体而言，涉及协议的日均交易量增加了 5%，从 120 万笔增加到 130 万笔。

Bearish Sentiment Grows Despite Network Growth

尽管网络增长，看跌情绪仍在增长

Despite the BNB network's strong performance, the sentiment around the BNB token remains bearish. Short positions have surged to a staggering 52%, indicating that a majority of traders anticipate a decline in the token's value. It remains to be seen whether this bearish sentiment will ultimately prove correct.

尽管 BNB 网络表现强劲，但围绕 BNB 代币的情绪仍然看跌。空头头寸激增至惊人的 52%，这表明大多数交易者预计代币价值会下跌。这种看跌情绪最终是否正确还有待观察。

Conclusion

结论

The BNB network has demonstrated resilience and growth in the face of regulatory scrutiny, with impressive financial performance and robust network activity. However, bearish sentiment surrounding the BNB token remains a concern, highlighting the ongoing uncertainty in the cryptocurrency market.

BNB 网络在面对监管审查时表现出了韧性和增长能力，具有令人印象深刻的财务业绩和强劲的网络活动。然而，围绕 BNB 代币的看跌情绪仍然令人担忧，凸显了加密货币市场持续的不确定性。