Stepn, the earn-as-you-move blockchain game, announced its entry into BNB Chain, with its governance token GMT hitting a record high.
Stepn, the blockchain game where you earn as you move, has partnered with the exchange Binance in various ways: users can buy coins through Binance within the app, participate in the governance token GMT IEO, and on the afternoon of the 28th, the official announcement stated that Stepn will be listed on the BNB Chain, causing the governance token GMT to surge rapidly, reaching an all-time high.
Table of Contents
Stepn Announces Entry into BNB Chain
From the official image released, it can be seen that Stepn, originally built on the Solana blockchain, will now support BNB Chain; allowing the use of BNB as an in-app payment currency.
Governance Token GMT Hits All-Time High, Up 99x Since IEO
The initial exchange offering (IEO) price on Binance was 1 GMT = 0.01 USD. Following the announcement of BNB Chain integration news, GMT reached a high of 0.99, currently at 0.93 at the time of writing.
Continuous Growth in Stepn Data
According to Dune Analytics, the number of active users on Stepn continues to grow, nearing sixty thousand.
The number of active deposit users transferring SOL to Stepn is also increasing, with a data point of zero on 3/27 that should be ignored:
