In the meme space, BSC is unlikely to ever catch up with SOL. If you want to make an impact on-chain, then focus on developing areas like AI and DeFi, and occasionally release a hit meme. As for SOL chain memes based on the AMM model, getting listed on Binance's spot market seems quite difficult, as the high market cap and low liquidity are too obvious. Listing on the spot market would just allow the whales and market makers to extract unlimited profits, occasionally giving them an alpha seat would suffice. So has BSC officially determined its development direction?
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Annie 所长
Today's Web3 information gap:
1. What’s it like to turn 15u, 45u, 600u into 100,000u, 300,000u, 900,000u in seconds? Washi Mi Coin $Company peaked at 6,666x, genius programmer $SOHAM at 16x, and Dog in a Vest $invest at 113x.
2. Damn, what insider news does the Federal Reserve have to cause such a surge? $BTC to $109,730, $ETH to $2,619, $SOL to $154, $BNB to $664.
3. The bulls finally won! James 2 AguilaTrades made a floating profit of $2.3 million, while James 3 falllling blew up 8 times in 5 hours, nearing $200 million, losing $15 million in 10 days. Isn’t your money worth anything?
4. Time to be your own bank! Ripple applies for a U.S. banking license, following in Circle's footsteps, vigorously developing the stablecoin $RLUSD. Driven by positive news, $XRP surged 3%.
5. It’s over, the rush from Sun’s cut! Tether launched its own Stablechain blockchain, a dedicated chain for stablecoins, supporting EVM and compatible with various dApps. Are they eyeing the $3 billion profit from Tron every year?
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Supremacy
Supremacy 🤝 Sigma Money
Excited to announce that we have completed the security audit for @sigmadotmoney! Thanks for your trust and unwavering commitment to security!
Sigma Finance
🔒 Security is non-negotiable!
@SupremacyHQ — the trusted team behind @lista_dao and other leading protocols — has completed its audit of @sigmadotmoney.
We’ll continue w third-party audits to keep Sigma safe on @BNBChain.
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borovik.sol
the bull market is back
this is the golden age of crypto!
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Kkk【K社】
You can participate in #egl1's charity program, as long as you share your USD1 dog racing experience, you will have a chance to get 10 people to share 30,000 charity funds.
EaglesLanding🦅
1/ ☝️USD1 GLORY CHARITY PROGRAM🦅
in the name of @worldlibertyfi
Baby we know it's a bumpy trip when it comes to memecoin hustle, but we here commit to good vibes and strong communities. In the spirit of #WLFI, we get to rise from the trenches, build this dream together-watch the USD1 eagle soar on @BNBCHAIN! 🦅☝️
💸charity fund: 30,000🪙 USD1
🐸For 10* faithful USD1 degens to share
⌛️Ends in July 5th.
Sponsored by @EAGELS_VAULT
The current price of BNB is ₺26,222.20. Over the last 24 hours, BNB has increased by +1.15%. It currently has a circulating supply of 145,887,576 BNB and a maximum supply of 200,000,000 BNB, giving it a fully diluted market cap of ₺3,826.07B. At present, BNB holds the 4 position in market cap rankings. The BNB/TRY price is updated in real-time.
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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As the Ethereum network witnessed a substantial increase in user activity and the adoption of decentralized applications (DApps), the need for scalability became a prominent issue for the first Layer-1 smart contract blockchain. To tackle this challenge, various Layer-2 scaling solutions were introduced to mitigate scalability concerns.
Among these scaling solutions, the Build 'N Build (BNB) Chain has emerged as a competitive player by offering asset-bridging capabilities across different chains. This has provided the BNB Chain with a distinct advantage over established platforms like Ethereum, enabling it to address the scalability limitations and cater to the growing demands of the DApp ecosystem.
What Is the BNB Chain?
The BNB Chain, established in February 2022, is a comprehensive modular system that combines the advancements of the Binance Chain (BC) and the Binance Smart Chain (BSC). The introduction of the BNB Smart Chain (BSC) was a response to certain limitations observed in the BC to complement its functionality.
While the BC was primarily designed to cater to decentralized exchanges (DEX) and focused on achieving high transaction throughput and delivering an enhanced user experience, it lacked smart contract functionality. Instead of incorporating additional functionality into the BC, which could have impacted network efficiency, the Binance community developed the BSC as a separate entity to address these concerns and provide the desired smart contract functionality.
After the merger of both chains, the BC assumed the role of a dedicated layer for governance, encompassing voting and staking functionalities. On the other hand, the BSC was specifically designed to execute Ethereum Virtual Machine (EVM) consensus and support Ethereum-compatible applications, including MetaMask. This strategic implementation allows for seamless integration with smart contracts on the BSC
The BNB Team
The BNB team is led by Changpeng Zhao "CZ," the founder of Binance, who introduced the BNB token and established the BNB Chain in 2017. Another key member of the team is He Yi, the co-founder and chief marketing officer. Before joining Binance, Yi served as Vice President at Yixia Technology, a leading mobile video tech company.
BNB: The utility token of the BNB Chain
BNB, the native utility token of the BNB Chain, plays a pivotal role within the BSC ecosystem. As the governance token, BNB enables holders to actively participate in shaping the development and future of the ecosystem. Additionally, BNB is essential for developers seeking to participate in token sales conducted on the Binance Launchpad.
BNB tokenomics
The BNB token operates under specific tokenomics. It has a maximum capped supply of 200,000,000 tokens, and a deflationary burning mechanism is in place to gradually reduce the supply to 100,000,000 coins. Currently, the total supply of BNB is 157,900,174, with 157,886,280 tokens currently in circulation.
BNB use cases
In recent years, the use cases of BNB have expanded significantly, offering a range of functionalities. These include participating in governance proposals through voting, staking to contribute to the network's security, utilizing BNB as collateral for loans on decentralized finance (DeFi) platforms, and covering transaction fees within the Binance ecosystem. Furthermore, BNB is accepted as a form of payment for credit card transactions at select merchants who support it.
BNB distribution
BNB was introduced in July 2017, initially distributing 200,000,000 coins according to the following allocation:
Fifty percent of the supply was issued through an initial coin offering (ICO) held in 2017.
Forty percent of the supply was reserved for the foundation team.
Ten percent of the supply was distributed to angel investors.
Expanding the utility of the BNB Chain
The BNB community is dedicated to enhancing the BNB Chain by integrating side chains and implementing zk-rollups. These advancements aim to provide customized blockchain solutions and improve scalability, enabling efficient and high-performance operations. With these developments, there is optimism for a resurgence in interest and value for BNB, potentially approaching or surpassing its previous peak of $690.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 24K new posts about BNB, driven by 10K contributors, and total online engagement reached 3.6M social interactions. The sentiment score for BNB currently stands at 81%. Compared to all cryptocurrencies, post volume for BNB currently ranks at 755. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of BNB.
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Posts
23,860
Contributors
10,040
Interactions
3,589,352
Sentiment
81%
Volume rank
#755
X
Posts
18,842
Interactions
1,806,866
Sentiment
86%
BNB FAQ
Is the Binance Smart Chain dependent on the Binance Chain?
No, the Binance Smart Chain (BSC) operates independently as a separate blockchain and is not dependent on the Binance Chain (BC). While they exist within the Binance ecosystem, the BSC is designed to maintain its technical and business capabilities, ensuring its continued operation even if the BC ceases its activities.
Is BNB part of Binance?
While Binance initially created BNB, it has evolved into more than just a part of the Binance platform. The BNB Chain has become an independent decentralized network with its own ecosystem and use cases, extending beyond its association with the Binance cryptocurrency exchange.
Where can I buy BNB?
Easily buy BNB tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include BNB/USDT and BNB/USDC.
Currently, one BNB is worth ₺26,222.20. For answers and insight into BNB's price action, you're in the right place. Explore the latest BNB charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as BNB, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as BNB have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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