成為第1層王冠的比賽正式上演 - 對於投資者而言，熱量意味著機會。

以太坊[ETH]正在通過即將進行的Pectra升級為舞台設置，但Binance Chain [BNB]不僅坐在場邊。賭注？從來沒有更高。

The race for the Layer 1 crown is officially on - and for investors, the heat means opportunity.

第1層王冠的比賽正式上演 - 投資者的熱量意味著機會。

Ethereum [ETH] is setting the stage with its upcoming Pectra upgrade, but Binance Chain [BNB] isn’t just sitting on the sidelines. The stakes? Never been higher.

以太坊[ETH]正在通過即將進行的Pectra升級為舞台設置，但Binance Chain [BNB]不僅坐在場邊。賭注？從來沒有更高。

After months of anticipation, Pectra - the fifth and final stage of Shanghai’s upgrade - is finally setting foot on the L1 scene. This time around, it’s bringing a triple threat: EIP-7470 for introducing programmable units of account, EIP-6884 for adjusting the difficulty bombs, and EIP-8649 to streamline the introduction of new EVM opcodes.

經過幾個月的期待，上海昇級的第五階段也是最後一個階段 - 終於踏上了L1場景。這次，它帶來了三重威脅：EIP-7470用於引入可編程單元，EIP-6884用於調整難度炸彈，EIP-8649簡化了新的EVM Opcodes的引入。

Now, these changes are no small feat. They’re designed to enhance Ethereum’s smart contract capabilities, adjust mining parameters for optimal performance, and lay the groundwork for future upgrades with new EVM opcodes.

現在，這些變化不是很小的壯舉。它們旨在增強以太坊的智能合同功能，調整採礦參數以獲得最佳性能，並通過新的EVM Opcodes為將來的升級奠定基礎。

But over in the Binance Chain camp, they’ve been busy too, unveiling the Lorentz hard fork on the 29th of April. This time, it’s all about speed and efficiency. Block intervals have been reduced to 1.5 seconds, which translates to faster consensus, quicker confirmations, and less waiting time for users.

但是在Binance連鎖營地上，他們也很忙，在4月29日揭開了Lorentz Hard Fork。這次，一切都與速度和效率有關。塊間​​隔已減少到1.5秒，這轉化為更快的共識，更快的確認以及用戶的等待時間更少。

On the DeFi side, BNB Chain is claiming the fourth spot in the Total Value Locked (TVL) ranking with $9.34 billion, while Ethereum is still leading the way at $122 billion.

在Defi方面，BNB Chain聲稱總價值鎖定（TVL）排名為93.4億美元，而以太坊仍以1,220億美元的價格領先。

However, BNB Chain has managed to outpace Ethereum in terms of daily transaction fees on multiple occasions this year, highlighting the high level of activity on its network.

但是，BNB鏈已經在今年多次以每日交易費用來超過以太坊，突出了其網絡上的高水平活動。

Source: Artemis Terminal

資料來源：Artemis終端

Moreover, Resolv Labs has expanded into the BNB Chain ecosystem, introducing its USR stablecoin and RLP risk-buffer token to the chain. These additions further diversify and deepen the DeFi landscape on BNB Chain.

此外，Resolv Labs已將其擴展到BNB鏈生態系統中，並將其USR Stablecoin和RLP風險緩衝器令牌引入鏈條。這些添加進一步使BNB鏈上的Defi景觀進一步多樣化。

In terms of user engagement, BNB Chain is seeing an average of 1.06 million active addresses, comfortably outpacing Ethereum’s 376k. This signifies a larger and more engaged user base on BNB Chain.

在用戶參與方面，BNB連鎖店平均看到106萬個活動地址，舒適地超過以太坊的376K。這表示BNB鏈上的更大，更具吸引力的用戶基礎。

Now, while Ethereum is known for its vibrant developer community, with 138 developers actively working on the chain compared to BNB Chain’s 24, it seems that BNB Chain is quickly closing the gap in terms of development activity.

現在，儘管以太坊以其充滿活力的開發人員社區而聞名，但與BNB Chain的24號相比，有138位開發人員積極地在鏈上工作，但似乎BNB鏈在開發活動方面迅速縮小了差距。

As for the token prices, both ETH and BNB have seen some movement. ETH is currently trading at $1,524, down slightly from yesterday. On the other hand, BNB has seen a rise, going up 1.46% in the past 24 hours and trading at $250.

至於令牌價格，ETH和BNB都看到了一些動作。 ETH目前的交易價格為1,524美元，比昨天略有下降。另一方面，BNB的增長增長，在過去24小時內增長1.46％，交易價格為250美元。

Despite a 20% decline from its all-time high, BNB has shown resilience and potential for recovery, especially considering the persistent presence of whale orders, according to CryptoQuant’s data.

儘管CryptoQuant的數據顯示，BNB的歷史最高水平下降了20％，但BNB表現出了韌性和恢復的潛力，尤其是考慮到鯨魚訂單的持續存在。

Throughout 2023, the average size of spot orders on Binance has remained substantial, showcasing the continued interest and large-scale trading activity by whales in the platform’s native token.

在整個2023年，二元訂單的平均大小仍然很大，展示了該平臺本地代幣中鯨魚的持續興趣和大規模交易活動。

The chart below clearly shows how the average size of G+ order is crucial to identify strong trends.

下圖清楚地表明，G+順序的平均大小對於確定強大的趨勢至關重要。

[chart]

[圖表]

As seen in the chart above, there was a period of time when the average size of G+ order dropped drastically, which signaled a shift in market dynamics.

如上圖所示，在一段時間內，G+順序的平均大小急劇下降，這表明市場動態發生了變化。

After several months of high average order size, it began to decline notably in March 2023, falling below $10 million for the first time since November 2022.

經過幾個月的高平均訂單規模，它在2023年3月開始顯著下降，自2022年11月以來首次下降到1000萬美元以下。

This decrease coincided with a downturn in the price of BNB, which had previously been on a strong uptrend, reaching a peak of around $720 in Q4 2022.

這種下降與以前曾經處於強勁上升趨勢的BNB的價格下降相吻合，在2022年第4季度達到了720美元左右的高峰。

However, despite the decline in average order size and a slight correction in price, the token remained in a range, and the large presence of whale orders continued to influence price movements.

然而，儘管平均訂單規模下降和價格略有校正，但令牌仍保持在一定範圍內，並且鯨魚訂單的大量存在繼續影響價格變動。

This is evident in the chart below, which shows how whenever the average size of G+ order dipped below $5 million, the price usually bounced back up.

這在下圖中很明顯，該圖表表明，每當G+訂單的平均尺寸低於500萬美元以下時，價格通常會彈回。

[chart]

[圖表]

This pattern suggests that when whales reduced their activity and order size, the price tended to drop, but it usually recovered afterward as long as the average size of G+ order remained above $5 million.

這種模式表明，當鯨魚減少其活動和訂單規模時，價格往往下降，但只要G+訂單的平均大小保持在500萬美元以上，通常會恢復。

This observation highlights the significant role that whales play in shaping the price trends of cryptocurrencies, especially within the context of a token’s fundamental strength and broader market conditions.

這一觀察結果凸顯了鯨魚在塑造加密貨幣的價格趨勢中所扮演的重要作用，尤其是在代幣的基本強度和更廣泛的市場條件的背景下。

Moreover, it’s worth noting that the token’s price remained in a range throughout 2023, even after the decline in average order size and the presence of small order size less than $5 million.

此外，值得注意的是，即使在平均訂單規模下降和小訂單規模下降之後，代幣的價格仍保持在整個2023年的範圍內。

This resilience is a testament to the token’s underlying strength and the continued interest from investors at various levels.

這種韌性證明了令牌的基本實力以及不同級別的投資者的持續興趣。

Overall, while Ethereum’s Pectra upgrade is certainly noteworthy, Binance Chain’s own pace of innovation and the impressive engagement figures

總體而言，儘管以太坊的Pectra升級肯定是值得注意的，但Binance Chain自己的創新速度和令人印象深刻的參與人物