Crypto: BNB Outperforms Solana!
The dynamics of power are evolving at a lightning speed in the crypto sphere. Today, it is BNB (Binance Coin) that is making headlines by surpassing Solana (SOL) in terms of market capitalization. With a rise of 13% in a week, BNB has reached a market capitalization of over 104 billion dollars, dethroning SOL. But this performance is not just about numbers. It is part of a larger context, marked by technological advancements, bold marketing strategies, and a change in investor perception. Let’s dive into the details of this remarkable ascent.
BNB: A Lightning Ascent Driven by CZ and the Binance Ecosystem
The influence of Changpeng Zhao (CZ), the founder of Binance, cannot be underestimated in this success story.
Although he is no longer CEO, his imprint on the Binance ecosystem remains indelible. CZ recently commented on the performance of the BNB crypto with a curt phrase: “This is not a competition. This is just the beginning.” A statement that speaks volumes about the ambition of the project.
BNB Chain, Binance’s native blockchain, has also played a key role in this rise to power.
With 68.3 million transactions processed in 30 days, it stands out as the most active EVM (Ethereum Virtual Machine) chain, even outperforming Ethereum on certain indicators. This technical performance, coupled with growing adoption, has strengthened investor confidence.
At the same time, the emergence of platforms like Four.meme, which enabled the creation of over 12,000 meme tokens in a single day, illustrates the vitality of the BNB ecosystem.
Although these meme tokens are often perceived as speculative, their popularity reflects a broader trend: the BNB community is thriving, attracting both developers and investors.
Why Investors Are Turning to BNB Instead of Solana
While Solana has long been considered one of the most promising blockchains, BNB now seems to be stealing the spotlight. Several factors explain this turnaround.
First, the technical efficiency of BNB Chain, which offers low transaction fees and high speed, is increasingly appealing to users. Then, Binance’s aggressive strategy in listing new tokens, such as TST and CHEEMS, has invigorated activity on the platform.
Analysts agree: CZ’s role in this success story is undeniable. Crypto analyst Zeus recently stated: “I don’t think everyone is optimistic enough about BNB. We are in the midst of an opportunity season, and CZ is one of the greatest visionaries in the space.” This confidence in CZ, combined with a positive perception of the BNB ecosystem, has led to a massive influx of capital.
Finally, the macroeconomic context also plays in favor of BNB. While the crypto market is going through a period of volatility, BNB has managed to stand out by showing a rise of 12% in a week, while bitcoin and most other cryptos stagnated or declined.
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Fasciné par le bitcoin depuis 2017, Evariste n'a cessé de se documenter sur le sujet. Si son premier intérêt s'est porté sur le trading, il essaie désormais activement d’appréhender toutes les avancées centrées sur les cryptomonnaies. En tant que rédacteur, il aspire à fournir en permanence un travail de haute qualité qui reflète l'état du secteur dans son ensemble.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.