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As The Weekly Update says, “Ethereum has lost its indisputable position as the “one and only” smart contract platform.” And Binance has a lot to do with that. Let’s explore the Binance Coin ecosystem’s tumultuous year.īig Projects Decided To Operate On The Binance Smart Chain Every update appears to make things worse.” And their own validators blasted the Binance Smart Chain, saying things like, “There doesn’t appear to be any reasonable testing process in place. Binance as a company was in hot water for a while there. That’s why they dubbed Binance Coin as “the winner of 2021,” and their point is well taken.
The Binance Smart Chain ecosystem has seen massive growth in 2021, taking some market share from Ethereum.” Binance Coin (BNB) is the best performer of the three biggest cryptocurrencies by market cap, with a 1344% gain. “Bitcoin may have beaten the stock market in 2021, but it has been left in the dust by other cryptocurrencies.
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No one got near Binance Coin, though.īinance Coin's stellar performance | Source: The Weekly UpdateĪccording to Arcane Research’s The Weekly Update: 5īTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Several projects had their moment in the sun, capturing capital, headlines, and attention. Not a small feat, considering the phenomenal year that altcoins had. There are no two ways about it, BNB crushed it throughout 2021 and cemented itself as the third more popular coin in the world by market capitalization.
It’s official, this was Binance Coin’s year.
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