The native token of one of many world’s largest cryptocurrency exchanges is astral planing above new heights.
Binance Coin (BNB) is having its time within the solar, up 50% and buying and selling at round $271, due to elevated curiosity in decentralized exchanges and a comparatively new decentralized finance (DeFi) challenge often called PancakeSwap.
The DeFi challenge has flipped its doppelganger Uniswap, as Binance’s CEO Changpeng Zhao noted on Twitter a short while in the past.
The token has additionally overtaken stablecoin tether to face at quantity three by way of market worth, based on knowledge from Messari.
