Only a few months after its start, The Chiliz Chain has accomplished a significant feat. According to an exciting Twitter statement, the Chiliz network has reached 500,000 transactions and 100,000 pocket addresses.
Given that the Chiliz chain’s mainnet went live roughly two months ago, this marks a significant accomplishment.
The Chiliz Chain mainnet, a pioneering blockchain infrastructure for sports and recreation, went live in May.
The Layer 1 EVM-compatible Chiliz Chain is a proof-of-staked authority (PoSA) blockchain designed to provide infrastructure for sports organizations and leagues to create Web3 products that encourage group interaction, and it represents an important milestone in the Chiliz project.
The CEO of Chiliz and Socios, Alexandre Dreyfus, announced on 18 July that the Chiliz “Fan Token” trademark has now been authorized and registered in the United States, marking another significant achievement for the Chiliz project there.
Chiliz motion worth
At the time of writing, CHZ had decreased slightly over the previous 24 hours to $0.078. Despite the many achievements, Chiliz may be said to have underperformed in 2023 up until this point.
However, despite the decline, the crypto asset is still accumulating from many different tiers of holders. According to IntoTheBlock, the stability holdings of CHZ handle tiers have increased over the past 30 days.
Notably, throughout the aforementioned time period, Chiliz users who own between 10 and 100 million CHZ increased their holdings by 14.81%, while those who own between 100 million and 1 billion CHZ increased their holdings by 11.11%.