About to break $1000? $2000 is just the new starting point!
In the recently concluded year of 2024, $BNB became one of the most promising assets in the crypto market: a 120% increase throughout the year, far exceeding BTC (119%) and ETH (46.3%), and reaching a historic high of $795 on December 4. With the launch of the 63rd phase of Binance Launchpool featuring BIO Protocol, BNB once again surged to $730, with the market generally expecting the $1000 level to be broken.
Behind BNB's strong performance is the comprehensive explosion of the Binance ecosystem, with three major driving forces shaping BNB's growth logic:
The 'benefit launcher' drives at full speed: the holding value of BNB is infinitely amplified.
In 2024, Binance injected strong holding power into BNB through various tools:
Launchpool becomes a 'value-added tool'.
Binance's Launchpool model has become a 'benefit launcher' for BNB users.
Data shows that a total of 19 activities were completed throughout the year, with a single period staking amount of BNB reaching as high as 11 to 26 million.
APY reaches as high as 27%-236%, far exceeding FDUSD's 18%-98%, attracting a large number of users to continuously stake BNB, significantly reducing market circulation.
In addition to the potential appreciation of BNB, users are more inclined to hold long-term, which directly drives the steady increase in BNB's price.
HODLer airdrop accurately incentivizes users.
Binance's HODLer airdrop reward program is designed specifically for BNB holders, further incentivizing holdings through airdropping new assets.
During the MOVE airdrop, BNB rose from $647 to $740 in just 3 days, an increase of over 14%.
Five airdrops have been completed throughout the year (such as PENGU, MOVE), further strengthening users' confidence in BNB.
On-chain explosion: BNB Chain becomes the core hub of the crypto ecosystem.
BNB Chain completed a comprehensive upgrade of performance, ecology, and user experience in 2024, becoming an indispensable growth engine in the Binance ecosystem:
Transactions per second (TPS) reach 4600, with transaction fees as low as $0.001, far lower than Ethereum and other Layer 2 solutions.
The number of daily active users has exceeded 4.7 million, more than three times that of Ethereum's daily active users.
The on-chain transaction costs and high throughput of BNB Chain have directly improved user experience, attracting more developers and users.
TVL growth: Locked value rushes into the global top five.
Data shows that the total locked value (TVL) of BNB Chain has increased from $3.5 billion at the beginning of the year to $5.7 billion, a growth of 62% throughout the year, ranking in the global Top 5, second only to Ethereum, Solana, Tron, and Bitcoin networks.
AI+Web3 projects influx: ecosystem continues to expand.
BNB Chain is becoming a 'hot land' for AI and Web3 projects. In 2024, several popular AI projects such as ChainGPT and MyShell are rapidly emerging based on the high performance and low cost of BNB Chain, injecting more vitality into the ecosystem.
Deflation and market trust: the long-term value of BNB is promising.
The deflationary mechanism of BNB and Binance's market position together strengthen its long-term value:
BNB continues to reduce circulation according to the established destruction plan, which has now decreased to 145 million. At the current rate, it will drop to 100 million in the next 4 years, continuously increasing scarcity.
In 2024, Binance's total trading volume surpassed $100 trillion, becoming the first centralized trading platform to reach this milestone, consolidating its dominance in the global market. This scale and liquidity directly supports the market value of BNB.
The positive news continues to accumulate, BNB is pushing towards $2000 SO SO EASY
As an 'emerging project digger', Binance Alpha has become a screening platform for hot market projects, expected to bring more blockbuster projects to Binance by 2025, further enhancing ecological attraction.
At the same time, with the rise of AI-driven projects and the advantages of BNB Chain in high performance and low cost, the on-chain ecosystem will welcome more users and developers, providing strong support for the long-term value of BNB. The push towards $2000 for BNB is just a matter of time.
@CZ @Yi He
#Binance #BNB #BNBChain
