Cryptocurrencies: 6452 / Markets: 40391 Market Cap: 24h Vol:
Bitcoinist
2021-02-27 08:00:00

Explaining Binance Coin’s (BNB) Surge Past DOT, XRP, and Litecoin

Binance’s BNB token has surged more than 860% in the past month to attain the position of fourth-largest cryptocurrency by market cap. Binance Coin’s Rise to Prominence BNB has historically been offered by Binance as a utility token for discounted trading fees on their platform. However, with the release of Binance Smart Chain in September 2020, it has become a serious potential competitor with Ethereum in the DeFi space. PancakeSwap and Venus, both decentralized exchanges […]

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