![]() Convert between cryptocurrencies with zero transaction fees. Send, request, receive, and gift crypto instantly for free with Pay. Stake crypto to help secure your favorite blockchain networks, support crypto projects, and earn staking rewards. Trade like a pro with advanced trading tools, live charts, and real-time order book information. ![]() Buy and sell crypto instantly with only a few taps. GET THE FOLLOWING AND MORE WITH BINANCE.US Access Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), BNB, Dogecoin (DOGE), Solana (SOL), Polygon (MATIC), Avalanche (AVAX), and more. Sign up and trade BTC, ETH, and other cryptocurrencies in just a few taps. Learn while you invest with helpful tool-tips, cryptocurrency descriptions, and newsworthy headlines to guide you in your crypto journey. Download the Binance.US app today and experience a fast, easy, and secure way to trade crypto. Help secure blockchain networks and protocols while earning staking rewards.ĮASY FOR BEGINNERS, USEFUL TO EXPERIENCED TRADERS Stake 15+ cryptocurrencies, including Ethereum (ETH), Cardano (ADA), BNB, and many of the largest Proof-of-Stake (PoS) assets. Named by USA Today & Forbes Advisor as one of the best cryptocurrency platforms for staking. Start staking crypto to help support your favorite projects and contribute to the network’s security and operation while earning rewards. All it takes is a few quick taps to start trading on Binance.US. Easily trade BTC and ETH with $0 fees on select pairs. Start your crypto portfolio in as little as two minutes. Securely buy and sell bitcoin and 150+ cryptocurrencies with some of the lowest fees available anywhere, including zero fee trading for BTC and ETH on select pairs. ![]() On the other hand, despite declining floor costs, DeFi customers are up 43% year to date and even NFT volumes are higher than in Q2 is the leading crypto platform trusted by millions of customers in the U.S. Top stablecoins as well as new rivals have also gained ground in 2023. The growth of 元s, which are app-specific chains that connect to current layer-2s, is one of the other emerging industries that is covered in detail. The Binance report has also shed some light on the layer 2 blockchains and the expansion of zkEVMs and Polygon’s impending switch to Polygon 2.0 are the most notable highlights. Layer 2 blockchains and DeFi metrics Copy link to section The expansion of liquid staking and the emergence of LSTfi (the combination of liquid staking tokens and DeFi), where the latter had a remarkable 460% growth in total value locked since April, are two of the year’s greatest stories that are featured in the mid-year report. Other intriguing L1 advances include Avalanche’s research on subnets, which have started attracting tech companies, and Cosmos’ new shared security concepts. The situation is the same for active addresses, 118% vs. The best YtD network performance was recorded by BNB Chain, which saw a daily tx growth of 113% compared to that of Ethereum which saw a 48% surge. ![]() The market capitalization of Solana rose the most throughout the first half of the year compared to the other layer 1 (L1) blockchains analyzed in the Binance research. Layer 1 blockchains metrics Copy link to section Since January, the Bitcoin Fear & Greed Index has doubled, indicating a rise in trader confidence. Importantly, the hashrate required to secure the Bitcoin blockchain has also increased by 40% YtD resulting in the mining difficulty also increasing by 43%.Īlthough sentiment research is one of the data sources used in Binance’s thorough mid-year report, on-chain analytics were also heavily utilised in compiling the report. The emergence of Ordinals, which enables the creation and trading of NFTs on the Bitcoin network, has been largely credited for this rise in the network’s utilisation. While Bitcoin network transactions have climbed by 58% and average tx fees by 143%, the trading volume of the leading cryptocurrency by market cap has increased by 185% year to date. The half-year report provides persuasive evidence that the crypto industry is in better health than anticipated, providing a solid base for growth in H2 and beyond 2024. The thorough mid-year report provides an overview of crypto adoption, usage, and innovation trends across all key categories. Additionally, it looks at funding, institutional adoption, metaverse, and gaming. The 120-page research covers important industry sectors like Bitcoin and layer-1s, layer-2s, stablecoins, DeFi, and NFTs. Binance, currently the largest cryptocurrency exchange by trading volume, has published its half-year report on the state of the market.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |