ProtocolReportingApril19,2023BNBChain(BNB)StateofBNBChainQ12023QuarterlyCommunityReportJamesTrautman•ResearchAnalyst(@JamesTrautman_)MikeKremer•DataEngineer(@mikeykremer)JacobAnderson•DataAnalyst(@borgley)KeyInsights●BNBChain’smarketcapreboundedthisquarteralongwiththebroadermarket,increasing24.9%QoQ.However,BNBChainrevenue(inBNB)decreased11.7%QoQ.●SeveralecosystemdevelopmentscontinuedtodriveaddressandtransactionactivityduringQ1,drivenbythelaunchofUniswap,newGameFi,andSocialFiapplications.●NetworkupgradesinQ4ledtofurtherdecentralizationthisquarter.Theaveragenumberofvalidatorsandtotalstakeincreased10.7%and12.1%,respectively.●JumpCryptodiscoveredavul...