Recent data shows rising exchange activity, with Binance and Trust Wallet leading in download numbers.
Increase in Binance Downloads
According to @crypto_rand, Binance has maintained its leadership position among centralized exchanges with nearly 4.83 million downloads in February alone, more than doubling the downloads of OKX, which took second place.
Trust Wallet Popularity
Trust Wallet shows significant activity among decentralized apps, surpassing MetaMask, Phantom, and others in downloads by 35%. The app has seen significant growth over the past two years, with over 200 million downloads, 2.5 million new users monthly, and capturing 35% of the market share with over 100 chain integrations.
BNB Season Predictions
The current activity of the BNB token fuels rumors of a 'BNB season,' though these remain speculative. The token shows strong momentum, owed to increased meme token activity on the chain and technical signals indicating short-term bullishness.
The continued activity of BNB and the popularity of Binance and Trust Wallet suggest potential major shifts in the cryptocurrency ecosystem, although skepticism remains about such a sudden rise.
