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#GateioLaunchpad#
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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
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BNB Chain has become the top choice for USDT users! BNB price reached 600 USD.
BNB Chain is gradually gaining attention in the crypto market. Over the past month, it has emerged as the top choice for users of USDT (Tether), the most popular stablecoin in the world. With nearly 12 million active wallets, it has surpassed major competitors like TRON and Ethereum.
So what has caused many people to switch to BNB Chain? Let's analyze it in detail.
BNB Chain reaches 12 million active USDT addresses
According to the latest data from CryptoRank, approximately 31.1 million wallets have used USDT across different blockchains in the past 30 days.
Among them, BNB Chain leads with nearly 12 million active addresses, surpassing any other network. This shows that more and more people are choosing BNB Chain for their daily transactions due to its speed, low costs, and ease of use—factors that users expect when sending or receiving stablecoins like USDT.
TRON ranks second with 11.2 million active addresses, a very impressive number. TRON has long been a popular choice for stablecoin transactions. Polygon follows with 2.6 million active wallets, and Ethereum stands next with 1.8 million.
Although Ethereum was once the leading network, high transaction fees and slow speeds are causing users to seek cheaper and faster alternatives. Solana and Arbitrum both have under 1 million active addresses, indicating they are growing but have yet to reach the level of the leading networks.
Burn BNB quarterly
Alongside the increased activity of USDT, BNB Chain has also completed its 31st token burn. In this round, 1.57 million BNB tokens have been removed from circulation, worth approximately 916 million USD.
The burning of this token is part of BNB's strategy to gradually reduce the total supply and increase the value of the token over time. Currently, the total supply of BNB is around 139.3 million, with over 40 million tokens still unburned.
BNB Price Outlook
In terms of value, BNB is currently trading around 604 USD, showing a slight increase of 2% as large investors continue to buy in the context of a volatile crypto market.
However, if the RSI crosses above 50, it may be a sign that buyers are gradually gaining the upper hand, and BNB may be ready for a stronger move.
You can view the details of BNB price.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their due diligence before making decisions. We are not responsible for your investment decisions.
Mr. Teacher