Binance Coin has gained a lot in recent weeks, making it the third most valuable on the market today. Thus, Tether (USDT), the main stablecoin, was surpassed by the broker's cryptocurrency.
Binance's currency buyer movement is one of the most notable. The scenario for this mass purchase is one: the growth of the DeFi ecosystem on the BINANCE network.
That's because, projects launched in recent months, such as PancakeSwap (CAKE), attracted new users. Binance's network, in fact, is an alternative to Ethereum, with the promise of creating intelligent programs and contracts.
In the past week, Binance even claimed that his network had surpassed Ethereum in number of daily transactions on the network.
Binance Coin values ??a lot and surpasses Tether in the market
Just remember the last 30 days, Binance Coin has already appreciated 499%. The impressive rise in the currency, unimaginable by many enthusiasts, has attracted attention.
In relation to the dollar, a BNB remains quoted above US $ 250.00 today, with a maximum price of US $ 284.00 at Binance.
A so-called Binance Chain (BSC) attracted a wave of developers for DeFi projects. Some, dissatisfied with the high rates of the Ethereum chain, arrived at the site in search of alternatives.
With the use case, Binance's CEO, Changpeng Zhao (CZ), said on his Twitter that the broker's goal with his own currency has always been to grow. He claimed to seek rapid growth in the market, with effort and work.
“This has always been our goal, to grow a bit faster than BTC. Not over taking it, but with so much effort we put in, we want to see it grow a bit faster. Otherwise, we should just buy BTC and not work. ”Said CZ.
Binance currency is more risky than Bitcoin, confesses CEO of brokerage
Binance's cryptocurrency has reached a record not only against the dollar. Its Bitcoin quote also records one of the biggest moves, with the price at 0.00488 BTC.
Thus, the CZ thanked the entire ecosystem community for its currency, for the important moment. Still, he made it clear that his currency, a Binance Currency, is much more risky than Bitcoin today.
“BNB not only made ATHs in fiduciary terms, but it also achieved ATH again BTC. From a humble 0.00001 BTC by BNB, we have grown 480x over BTC in the last 3 ? years. Many thanks to our community, team and BinanceAngels. ”, CZ finished commenting on the rise in his currency.
Binance is a brokerage that was created in 2017, after an ICO in the community. From its foundation until today, with several products, it has become a reference in the cryptocurrency market.
The company's ambition is clear today: to surpass Ethereum. But it will not be easy to overcome the second largest cryptocurrency, which also continues to beat price records and still attracts many programmers to its project.
