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Major BNB Chain Upgrade Imminent: Countdown Begins
The BNB cryptocurrency has secured a significant listing on the Kraken exchange, but the real excitement is building around an imminent upgrade to the BNB Chain. This critical update will bring numerous improvements and new features to the blockchain, which will have far-reaching implications for users.
As reported earlier, the OpBNB Lorentz mainnet hard fork was completed on April 21, reducing block time to an astonishing 0.5 seconds. This is a significant achievement, as it paves the way for faster transactions and increased scalability.
However, the countdown has not ended yet. The BSC Mainnet node v1.5.10 upgrade is imminent, and all mainnet nodes are expected to be upgraded before the hard fork on April 29. This critical update will enable the new features and improvements promised by the developers.
The upgraded infrastructure will also require mainnet node software version v1.5.10 or higher for seamless integration. The BNB community is eagerly anticipating this upgrade, as it holds immense potential to revolutionize the network’s capabilities.
It has been reported that the listing of BNB on Kraken exchange, which went live yesterday, adds four trading pairs: BNB/EUR, BNB/USD, BNB/USDC and BNB/USDT. This expansion is expected to increase liquidity and accessibility for new users, further propelling the asset’s growth.
In related news, recent reports have suggested that Bloomberg may reconsider its stance on cryptocurrency in treasury management due to shifting market trends and evolving regulatory landscapes.
As Ripple’s Chief Lawyer shares insights into the new developments affecting XRP’s price trajectory, the crypto community remains vigilant about potential changes in the regulatory environment.
Source: https://u.today/major-bnb-chain-upgrade-imminent-countdown-begins
