Boba BNB Reach Metrics

Originally published on Twitter.

Boba is a multichain L2 network that launched on BNB Chain last Nov.

Onchain data shows Boba BNB is taking off this year, going from a few hundred txs per day in Jan to >100K txs per day starting from mid-May.

This is a very impressive growth trajectory for Boba BNB.

For L2s, it’s important to look at how well they scale via block confirmation time.

This year, Boba BNB’s avg block confirmation time drastically decreased from >1000s to <1s.

This is a bullish sign for Boba BNB, as it happened while tx counts continue to increase rapidly.