成为第1层王冠的比赛正式上演 - 对于投资者而言，热量意味着机会。

以太坊[ETH]正在通过即将进行的Pectra升级为舞台设置，但Binance Chain [BNB]不仅坐在场边。赌注？从来没有更高。

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

第1层王冠的比赛正式上演 - 投资者的热量意味着机会。

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]正在通过即将进行的Pectra升级为舞台设置，但Binance Chain [BNB]不仅坐在场边。赌注？从来没有更高。

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.

经过几个月的期待，上海升级的第五阶段也是最后一个阶段 - 终于踏上了L1场景。这次，它带来了三重威胁：EIP-7470用于引入可编程单元，EIP-6884用于调整难度炸弹，EIP-8649简化了新的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.

现在，这些变化不是很小的壮举。它们旨在增强以太坊的智能合同功能，调整采矿参数以获得最佳性能，并通过新的EVM Opcodes为将来的升级奠定基础。

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连锁营地上，他们也很忙，在4月29日揭开了Lorentz Hard Fork。这次，一切都与速度和效率有关。块间​​隔已减少到1.5秒，这转化为更快的共识，更快的确认以及用户的等待时间更少。

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声称总价值锁定（TVL）排名为93.4亿美元，而以太坊仍以1,220亿美元的价格领先。

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链已经在今年多次以每日交易费用来超过以太坊，突出了其网络上的高水平活动。

Source: Artemis Terminal

资料来源：Artemis终端

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已将其扩展到BNB链生态系统中，并将其USR Stablecoin和RLP风险缓冲器令牌引入链条。这些添加进一步使BNB链上的Defi景观进一步多样化。

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.

在用户参与方面，BNB连锁店平均看到106万个活动地址，舒适地超过以太坊的376K。这表示BNB链上的更大，更具吸引力的用户基础。

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.

现在，尽管以太坊以其充满活力的开发人员社区而闻名，但与BNB Chain的24号相比，有138位开发人员积极地在链上工作，但似乎BNB链在开发活动方面迅速缩小了差距。

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.

至于令牌价格，ETH和BNB都看到了一些动作。 ETH目前的交易价格为1,524美元，比昨天略有下降。另一方面，BNB的增长增长，在过去24小时内增长1.46％，交易价格为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.

尽管CryptoQuant的数据显示，BNB的历史最高水平下降了20％，但BNB表现出了韧性和恢复的潜力，尤其是考虑到鲸鱼订单的持续存在。

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.

在整个2023年，二元订单的平均大小仍然很大，展示了该平台本地代币中鲸鱼的持续兴趣和大规模交易活动。

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

下图清楚地表明，G+顺序的平均大小对于确定强大的趋势至关重要。

[chart]

[图表]

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.

如上图所示，在一段时间内，G+顺序的平均大小急剧下降，这表明市场动态发生了变化。

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.

经过几个月的高平均订单规模，它在2023年3月开始显着下降，自2022年11月以来首次下降到1000万美元以下。

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.

这种下降与以前曾经处于强劲上升趋势的BNB的价格下降相吻合，在2022年第4季度达到了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，尽管平均订单规模下降和价格略有校正，但令牌仍保持在一定范围内，并且鲸鱼订单的大量存在继续影响价格变动。

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.

这在下图中很明显，该图表表明，每当G+订单的平均尺寸低于500万美元以下时，价格通常会弹回。

[chart]

[图表]

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.

这种模式表明，当鲸鱼减少其活动和订单规模时，价格往往下降，但只要G+订单的平均大小保持在500万美元以上，通常会恢复。

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.

这一观察结果凸显了鲸鱼在塑造加密货币的价格趋势中所扮演的重要作用，尤其是在代币的基本强度和更广泛的市场条件的背景下。

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，即使在平均订单规模下降和小订单规模下降之后，代币的价格仍保持在整个2023年的范围内。

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

这种韧性证明了令牌的基本实力以及不同级别的投资者的持续兴趣。

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

总体而言，尽管以太坊的Pectra升级肯定是值得注意的，但Binance Chain自己的创新速度和令人印象深刻的参与人物