BNB Chain: From Exchange Token to Decentralized Ecosystem🚀🚀🚀🔥🔥🔥🛑🛑📢📢📢
BNB at the forefront of consolidating strategic alliances to serve the community with the DEFI interface through Web3.
The launch of the fund coincides with the meteoric rise of BNB to over $1,311, boosting its market capitalization to $182 billion, surpassing several major Layer-1 networks and solidifying its position as the third largest cryptocurrency globally.
This increase added approximately $40 billion in market value just during October, driven by increased ecosystem activity, memecoin trading, and institutional interest in BNB-based projects.💶💵
On-chain data from Bubblemaps shows that 70% of BNB traders are currently in profit, with at least 40 wallets earning $1 million each due to recent market movements.
YZi Labs: A Proven Backing of the BNB Ecosystem
Previously Binance Labs, YZi Labs has played a key role in the growth of BNB Chain, funding key ecosystem projects such as:
PancakeSwap (DEX) — the leading decentralized exchange based on BNB.
ListaDAO — a DeFi protocol that enables participation and lending based on BNB.
Aspecta (ASP) — a blockchain infrastructure and identity project.
Aster — a multichain DEX recently listed by major cryptocurrency data aggregators.
YZi has also advanced institutional participation through initiatives such as the BNB Digital Asset Treasury (DAT), the RWA fund of China Renaissance, and the BNB Yield Fund of Hash Global. #BNBMarketCapThirdLargest