Binance has announced the launch of a web version of its decentralized wallet, enabling users to trade easily without needing to install additional software.
Launch of Binance Web Wallet
On August 2, Binance officially announced the launch of its web-based decentralized wallet. This wallet allows users to conduct trades directly from the Binance homepage without the need for installations or extensions.
SAS Technology and Its Advantages
The new wallet utilizes the Secure Auto Sign (SAS) technology, which operates within a Trusted Execution Environment. This enhances the convenience and security of transactions supported on Solana and Binance Smart Chain networks.
BNB Price Movements and Competition
As of August 1, 2025, the price of BNB is $767.10 with a market capitalization of $106.85 billion. While there has been a 28.05% increase over the past 90 days, a 4.63% decline was noted in the last 24 hours. Coincu analysts point out the potential growth in the user base, especially in meme coin trading on BSC and Solana networks.
The launch of the Binance web decentralized wallet marks a step towards improving the interaction between centralized and decentralized finance; however, the further impacts on the market remain uncertain.
