According to the latest reports, Binance Coin (BNB) has witnessed a significant increase in market value, surpassing Solana (SOL). Experts attribute this growth to recent news related to the Binance exchange and its former CEO, Changpeng Zhao (CZ). CZ mentioned that this growth is just the beginning of a long journey. Binance Chain has processed 68.3 million transactions in the past 30 days, making it the second most transaction-heavy blockchain after Solana among Ethereum Virtual Machine (EVM) blockchains. The Binance Chain ecosystem is experiencing a resurgence of meme-coins, with the emergence of the Four.meme platform having a significant impact. Despite competition from platforms like Pump.fun, Solana, and SunPump, interest in meme-coins within the BNB community is increasing. Threats such as malicious attacks still exist and could disrupt platform performance. Binance Coin has shown the most growth among the top 30 digital currencies, reaching $705.45 with a 10.60% increase in the last 24 hours. Crypto markets have faced challenges, but crypto analyst Zeus expressed optimism about BNB’s price and highlighted CZ’s influence on this growth. Zeus predicted that investor interest may shift from Solana to Binance Chain due to its superior performance. Additionally, the listing of new meme-coins like TST and CHEEMS on Binance, along with Zhao’s continuous promotion of Binance Chain, has strengthened market confidence in this ecosystem. Increased trading activity on Binance, the world’s largest crypto exchange, may also play a significant role in BNB’s recent performance. Visit the live digital currencies price page to track all token and cryptocurrency prices in real-time.
