Binance Smart Chain (BSC) is a new smart contract-enabled blockchain that has been growing exponentially with the support of Binance, the world's largest and most popular exchange. Within nine months of its mainnet launch, Binance Smart Chain had over 58,000,000 unique wallets created. Since February 2021, the BSC network has been handling over 2 million transactions per day while Ethereum is handling only 1.2 million daily transactions. BSC was built to be Ethereum Virtual Machine (EVM) compatible to provide developers with the ability to seamlessly deploy DApps built for Ethereum on Binance’s new blockchain. As a result, many blockchain projects like SushiSwap, 1 Inch, Cream Finance, and many more, which were originally built on Ethereum, are partly migrating to BSC to expand their ecosystem.