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Stock impact report

BNB Quietly Crushes Top Ten Cryptos: What's Next? [Yahoo! Finance]

Jiuzi Holdings, Inc. - Ordinary Shares (JZXN) 
Company Research Source: Yahoo! Finance
While Bitcoin and Ethereum have grabbed headlines with new all-time highs in recent weeks, BNB has quietly outperformed its top-ten crypto rivals over the past year. Year-to-date, BNB's 85.6% gains put it at the front of the pack, dwarfing Ethereum's second place returns of 37.7%. Of the top 10 cryptocurrencies by market cap, TRON, Bitcoin and Solana have managed YTD gains in the lower double-digits, while the remainder of the top ten have generated single-digit returns. BNB is currently trading at $1,300, up 30.7% over the past week, per CoinGecko data. “BNB's recent rally has been largely driven by increased on-chain activity and growing institutional interest,” Illia Otychenko, lead analyst at CEX.IO, told Decrypt DEXs drive growth This on-chain activity is particularly evident in the explosive growth of decentralized exchange ( DEX ) trading on the BNB Chain. A significant driver has been the speculative frenzy around Aster , a recently launched BNB Chain-based decent Show less Read more
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