Binance’s 2023 roadmap and BNB’s reaction: All you need to know


  • BNB will launch Parallel EVM 3.0 in 2023, and will also increase its gas limit.
  • The number of transactions and addresses registered an uptick.

On 14 February,


Coin [BNB] posted its tech roadmap for the year 2023, highlighting its plans for the year and projects in the pipeline. Interestingly, on 24 February, Messari shared a report on the same, mentioning the most notable points of the roadmap.


Realistic or not, here’s BNB market cap in BTC’s terms

A glimpse of the tech roadmap


The roadmap’s first project was the launch of a new storage network named BNB Greenfield, which went live recently. Within the larger BNB Chain ecosystem, BNB Greenfield is a decentralized storage infrastructure where users and dApps can create, store, and exchange data. 

As per the roadmap, this year Binance will also focus on its multichain solution by introducing multiple ZKP rollup-based L2s for applications with massive users and pre-defined logic. BNB already launched its Parallel EVM v1 and v2 in 2022, and in 2023, it plans to introduce Parallel EVM 3.0.

Another major update was that BNB will increase the network’s gas limit from 140 million to 300 million in 2023. This change in gas limit will allow BNB Chain to process over 5,000 transactions per second. The new gas limit and increased transaction speed can help BNB gain more users.

Incidentally, Dune’s data revealed that the number of transactions on BNB Chain has been increasing since the beginning of this year, outperforming the rest. Moreover, the number of transacting addresses also increased considerably. Both developments reflected the increased usage and adoption of BNB.

Source: Dune

BNB’s performance in 2023


While these updates looked optimistic for the chain, its performance on the metrics front fluctuated over the last 30 days. For instance, BNB’s weighted sentiments remained on the negative side over the past few weeks. The token’s development activity also declined after registering a spike on 9 February, indicating fewer efforts by the developers.

Additionally, demand from the derivatives market also took a blow, as BNB’s Binance funding rate remained relatively low.

How much are 1,10,100


worth today?


After a comfortable start to the year, BNB’s MVRV Ratio declined considerably over the last few days, which could be attributed to the bearish market trend.

Source: Santiment

However, BNB accumulation witnessed an increase over the past month as its supply held by top addresses registered an uptick. At press time, BNB’s price had declined by over 4.5% in the last seven days and was trading at $302.09 at press time. 

Source : Binance’s 2023 roadmap and BNB’s reaction: All you need to know


240 rue Evariste Galois,

06410 Biot,

Sophia Antipolis

Automata Pay

65-66 Warwick House 4th

Floor, Queen Street, London

England, EC4R 1EB

Automata ICO Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata Pay Europe Ltd

3rd Floor Ormond Building,

31-36 Ormond Quay Upper,

Dublin 7, D07 Ee37

Automata ICO Ltd

Italian Branch

Via Archimede, 161,

00197 Roma


Automata ICO Limited, a Company incorporated in Ireland with its registered office at 3rd Floor Ormond Building, 31-36 Ormond Quay Upper, Dublin 7, D07 Ee37, Ireland registered in Ireland under number 690280 has applied for a Virtual Asset Service Provider registration with the Central Bank of Ireland. Whilst the application is ongoing, we are permitted to continue business as a Virtual Asset Service Provider in line with the Central Bank of Ireland's regulatory disclosure statement as required under section 106L of the CJA 2010 in relation to registered VASPS.

Automata ICO Limited, a Permanent Establishment incorporated in Italy with its registered office at Via Archimede, 161, Roma, Italy, and registered in Italy under number 96550860587 with the Organismo Agenti e Mediatori (OAM) as a Virtual Asset Service Provider (VASP).

Automata France SAS is a company registered in France with the company number 902 498 617. Automata FRANCE SAS is registered with the french Financial Market Authority, l’Autorité des marchés financiers (“AMF”), as a provider of Virtual Asset Service Provider under number E2023-087.