BNB Price Rises as Binance Smart Chain Grows in Popularity with DeFi by Cointelegraph

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BNB Price Rises As Binance Smart Chain Grows In Popularity With DeFi

Binance Coin (BNB) has had an outright breakout in the month of February. It was trading at $ 48.93 on February 1 and growing to $ 304 at press time, equating to a gain of 521% so far this month and 707% so far this year. This price rally has led BNB to become the third largest cryptocurrency, with a market capitalization of $ 46.5 billion. BNB reached its all-time high of $ 342.88 on February 19. This price rally and the jump in market capitalization could be attributed to Binance Smart Chain gaining popularity within decentralized financial markets and other macroeconomic factors driving the growth of flagship assets like (BTC) and Ether (ETH) to new highs. historical this week. Continue reading on Coin Telegraph

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