Monitoring Binance Coin's ambit as on-chain deployment made official

On 8 February, Binance CEO Changpeng Zhao (CZ) shared a snapshot showing details of the Binance Coin BNB Chain's proposed deployment of Euler. According to the shared link, the BNB Chain foundation had agreed to deploy Euler on the chain.

Timeline of Bnb

The crypto industry has been trying to increase the safety of most crypto assets and protocols using modern technological approaches. However, issues of exploits in the industry are becoming more rampant than before.

Binance Coin [BNB] outperformed the king of altcoins, Ethereum [ETH], by a huge margin in terms of daily active addresses. As per CoinMarketCap, BNB's daily active users exceeded 815,000, while Ethereum and Polygon [MATIC] reached 344,000 and 277,000, respectively.

Key Points: A Uniswap community poll to validate and select a cross-chain solution for this exchange on BNB Chain initially favored Wormhole. However, the final outcome will be quite uncertain and stated that a16z uses 15 million UNIs to “dominate” the vote.

A positive trend has been prevailing on the charts for the past few days, according to the most recent Binance Coin price analysis. The price has increased over the past 24 hours as well, which is quite positive for buyers.

Binance Coin [BNB] posted its weekly metrics on 4 February, mentioning a few of the chain's notable statistics. As per the latest data, BNB's weekly transactions exceeded 17 million, while the daily average transaction remained at 2.87 million.

Binance Coin (BNB) is a cryptocurrency made by the popular cryptocurrency exchange Binance. What many cryptocurrency investors don't know is that it's possible to buy BNB on MetaMask, and interact with decentralized applications on the BNB Chain using the wallet.

The world's leading crypto exchange by volume is announcing a new decentralized storage system based on its native blockchain. In a recent announcement, Binance reveals a Whitepaper for BNB Greenfield, a three-piece Web3-enabled data storage protocol built on top of the BNB Chain.

The Binance team declared on Sunday that it had burned more than 16 million BNB (ERC-20) tokens. The crypto exchange also revealed that it is migrating the ERC20 version of BNB to the native (BEP2) version.

Binance Coin price analysis suggests an upwards movement to the $340.00 mark The closest support level lies at $300 BNB faces resistance at the $315.00 mark The Binance Coin price analysis shows that the BNB price action has broken above the $310 mark as the bullish activity increased.

The cryptocurrency market is riding on the wave of renewed bullish optimism that started at the turn of the year, but some cryptocurrencies have been recording continuous positive returns ever since their initial coin offering (ICO), including some less-than-expected assets.