I believe that the factors driving BNB's breakthrough are mainly the following points: 1. Macroeconomically, the acceleration of interest rate easing will benefit risk assets in the future, which will also favor risk liquidity. 2. In the industry context, Crypto is currently favored by the U.S. President, and under this core push, the tolerance for new digital assets has been implicitly relaxed, accelerating industry development and compliance frameworks, which is more conducive to industry growth. 3. On a micro level, @binancezh itself, as one of the leading exchanges in the industry, has potential credit endorsement and industry influence, coupled with a large flow of traffic and user pool to strongly empower BNB Chain, increasing consumption and holder confidence, positively impacting Token prices. 4. Technologically, continuous upgrades enhance speed, efficiency, user convenience, and tracking of mainstream on-chain narratives while timely adjusting products, which greatly...
Why BNB reach $1000? Good question. No one knows for sure. Correlation does not prove causation. But here is a incomplete list of possible reasons. People tend to give me too much credit. I didn't do much. I am not technically involved like Vitalik. I am at best a mascot, but more just a community member. First and foremost, I think the new pro-crypto US Administration probably made the biggest difference. Their stance influences not only US, but most countries in the world. Most countries now adopt a pro-crypto stance. This is a significant lift for the industry. Rising tide lifts all boats. Earlier this year, memes made a come back on BNB Chain. I actually made some mistakes that may have hindered meme coin progress on BNB Chain. I never aped meme coins before. In my clumsy learning, I may have caused some PVP, which divided the community a bit. During the same process, I learned about the negative impact of MEV attacks (again under public eyes). BNB Chain devs, nodes, block...
3.42K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.