Binance Coin (BNB) has shown significant growth amid the success of Binance Smart Chain and charitable initiatives.
Binance Smart Chain's Success
According to Master of Crypto, Binance Smart Chain (BSC) has become the leading blockchain for 24-hour DEX trading volume, indicating increased adoption of Binance’s ecosystem. PancakeSwap, the leading DEX in Binance Smart Chain, has seen the highest earnings in the market due to a rising number of transactions. The total value locked on Binance Smart Chain rose by 7% this week, demonstrating market trust in Binance's blockchain.
Rumors of Deal with Trump
Speculations about a potential deal between Binance US and the Trump family have sparked investor interest despite no official announcement. The rumor increased trading volumes and token prices within Binance’s networks. However, Binance co-founder Changpeng Zhao denied any interaction between Binance.US and the Trump family.
Binance's Charity Initiative
Binance Charity has launched a relief effort for flood victims in Bahia Blanca, Argentina. Affected users can receive up to $100 in BNB tokens. The organization highlights the effectiveness of using cryptocurrencies for rapid delivery of financial support to those in need.
Amid increasing network activity and charitable actions, BNB continues to strengthen its market position, keeping investors intrigued.
