Author Archives: BSCN NEWS REPORTS

The Binance Smart Chain and Recent Challenges Amidst the recent surge in interest across the broader cryptocurrency market, the Binance Smart Chain (BSC) has emerged as a prominent player. However, recent events have cast a shadow on its otherwise flourishing ecosystem. Rug Pull on BSC On the 25th of December, the BSC network experienced a[Read more…]

BNB Chain Continues Developments Despite recent market challenges related to Binance, BNB Chain (BNB) remains committed to advancing its network. Numerous addresses continue to show sustained interest in the protocol, marking a noteworthy development for the platform. Floki, BNB, and Others Token activities are pivotal in generating interest in the BNB network. Recent data indicates[Read more…]

FLOKI’s Influence on the BNB Chain FLOKI has recently claimed the top spot as the most favored token on the BNB network, sparking a wave of interest among new users. As the most popular token on the BNB network, FLOKI’s rise coincides with opBNB’s growth, providing hope for BNB holders. BNB Chain Developments Amid Binance[Read more…]

Solana (SOL) Price Analysis As Solana (SOL) solidifies its position as the fourth-largest cryptocurrency, surpassing XRP and BNB within a week, a crucial indicator suggests that a potential price decline might be on the horizon. According to data provided by the market intelligence platform Santiment, Solana’s Relative Strength Index (RSI) has increased from 77 to[Read more…]

Binance vs OKX: A Market Share Analysis Binance has experienced a significant reduction in market share in 2023, raising questions about its future performance in 2024. Let’s delve into the latest statistics and trends to understand the dynamics between Binance and OKX. Binace’s Loss, OKX’s Gain At the beginning of the year, Binance dominated the[Read more…]

Web 3.0 and Cryptocurrency Investments Web 3.0 has been touted as the future, experiencing daily migrations and adopters. From DeFi (decentralized finance) to blockchains, asset tokenization, blockchain, and smart contracts, Web 3.0 is where to be. A new player in this scene is Pullix (PLX), positioning itself alongside DeFi giants like Binance Coin (BNB) and[Read more…]

Overview Despite slipping in crypto ranking by market cap, BNB has experienced a notable 6% price growth in the last 24 hours. Currently, BNB ranks below Solana in terms of market capitalization. Market Shift: Solana Surpasses BNB In a surprising turn of events, Solana (SOL) has surpassed Binance Coin (BNB) to become the fourth-largest cryptocurrency[Read more…]

SOL Witnesses a 16% Increase, Reaching a Market Value of US$41.8 Billion In a remarkable development in the cryptocurrency market, SOL (Solana) has experienced a significant surge in the past 24 hours, rising by more than 16%. This increase has propelled its market value to an impressive US$41.8 billion. SOL Surpasses BNB’s Market Value, Claiming[Read more…]

Solana (SOL) and Binance Coin (BNB) Competition Since Monday, Solana (SOL) has shown an increase of over 45%, approaching the much-anticipated $100 level. Binance’s token, BNB, has become the fourth largest cryptocurrency by market value. The SOL and BNB Competition FTX’s collapse negatively affected the price of the Solana ecosystem and its Total Value Locked[Read more…]

BNB Bulls Rally, Breaking $269 Resistance On Thursday, December 21, BNB buyers initiated a remarkable 5% rally during the penultimate four-hour candle. This surge propelled the altcoin above the crucial $269 resistance level, firmly maintaining the bullish trajectory towards a $300 target by the end of 2023. BNB’s Resilience Amidst Challenges Despite facing a challenging[Read more…]