Boba Network (BOBA) Sees Its Transaction Count Increase by Almost 10,000% Since January

One of the most technically advanced second-layer blockchain scalers for Ethereum (ETH), BNB Chain (BSC), Moonbeam (GLMR) and other protocols, Boba Network (BOBA), shares the details of its parabolic growth in Q1, 2023. Its number of transactions per 30 days surpassed half a million; a thousand wallets are active on-chain.

Timeline of Boba-network

Palo Alto, CA, 12th October, 2022, Chainwire Boba Network, the first multichain Layer-2 blockchain and Hybrid Compute platform, deployed its execution layer on Moonbeam to become the first Layer-2 live on Moonbeam. The Moonbeam deployment features Firefly, a DEX and perpetual swap platform as a launch partner dApp.

Boba Network, a blockchain-powered multichain Layer-2 scaling solution and Hybrid Compute platform, has become the first Layer-2 to go live on the cross-chain smart contracts platform Moonbeam. The milestone comes after Boba Network deployed BobaBeam, the network's execution layer that has integrated Moonbean-native decentralised exchange (DEX) platform Firefly as its launch partner.