BinanceTurns8

This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
As part of Binance’s 8 year anniversary celebrations, Binance Square is pleased to introduce a new promotion where users can complete simple tasks to unlock a share of 8,888 USDC token vouchers.
Activity Period: 2025-07-08 08:00 (UTC) to 2025-07-15 23:59 (UTC)
Complete the following tasks during the Activity Period to equally share 8,888 USDC token vouchers, capped at 5 USDC per participant.
Gain 8 new followers Share 8 Square posts Create 3 posts on Binance Square during the Activity PeriodAt least one post must include the Trade Sharing widget, one post with the hashtag #BinanceTurns8, and one post with the cointag $BNB.
Please Note: Only Square posts that contain at least 100 characters and have at least 5 engagements (including likes, shares, comments, and reposts) will count as eligible posts.
For More Information:
What Is Binance Square and Frequently Asked Questions
Terms & Conditions:
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. Reward Distribution:Token vouchers will be distributed within 21 working days after the Activity ends. Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub. All token voucher rewards will expire 14 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right of final interpretation of this Activity.Additional Activity terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-07-08

The Terra Classic (LUNC) community has achieved another major milestone, burning 304.90 million tokens in just the past seven days. This steady burn rate reflects ongoing commitment from both validators and community members who have supported initiatives to reduce the circulating supply of LUNC.
With 1 day still remaining in the week, a new question arises, can the total burn hit 500 million LUNC before the week closes? Achieving this figure would not only mark a significant acceleration but could also signal growing momentum for the broader Terra Classic revival efforts.
The LUNC burn mechanism plays a key role in reducing supply, potentially boosting scarcity and long-term value. While price action depends on multiple market factors, consistent burns demonstrate that the community continues to take active steps toward strengthening the network.
If the current pace holds or even increases the 500 million LUNC burn target is within reach. As more projects and exchanges participate in burn campaigns, the Terra Classic ecosystem could continue to build confidence among long-term supporters.
All eyes are now on whether the community can rally over the next day to make this ambitious milestone a reality.

#BinanceTurns8

Bitcoin Whale's Strategic Shift: $435 Million Move from BTC to ETH
A prominent Bitcoin whale, known for its significant holdings and influential market moves, has made a substantial shift in its portfolio. Over the past 12 hours, this whale has sold 4,000 Bitcoin, valued at approximately $435 million, and used the proceeds to purchase 96,859 Ethereum, worth around $433 million.

Key Details of the Transaction
- *BTC Sale*: The whale sold 4,000 BTC, worth $435 million, as part of a broader strategy to rebalance its portfolio.
- *ETH Purchase*: The proceeds from the BTC sale were used to buy 96,859 ETH, valued at $433 million, further solidifying the whale's position in Ethereum.
- *Total ETH Holdings*: This transaction brings the whale's total ETH holdings to 691,358, worth roughly $3 billion .

Market Implications
- *Market Sentiment*: This move could signal a shift in market sentiment, with investors favoring Ethereum over Bitcoin due to its robust ecosystem and potential for growth.
- *Price Dynamics*: The increased demand for ETH could drive up its price, while the sell-off in BTC might put downward pressure on its price in the short term.
- *Institutional Interest*: The whale's actions may attract more institutional investors to Ethereum, potentially driving further growth in the market.

Why Ethereum?
- *Robust Ecosystem*: Ethereum's decentralized finance (DeFi) ecosystem and layer-2 scaling solutions make it an attractive investment opportunity.
- *Growing Adoption*: The increasing adoption of Ethereum by corporations and the surge in interest in spot Ethereum-based ETFs indicate a strong market confidence in the asset.
- *Potential for Growth*: With a strong ecosystem and growing adoption, Ethereum has significant potential for growth, making it an appealing investment for whales and institutional investors.
#Write2Earn #BinanceTurns8 #crypto #ETH #BTC $BTC
$ETH

Binance will carry out its next scheduled Luna Classic (LUNC) token burn on September 1, 2025, continuing its monthly commitment to reduce the circulating supply of LUNC.
This burn program, launched in 2022, sends LUNC tokens collected from trading fees to a burn wallet, permanently removing them from circulation. Since its inception, Binance has already burned 73,858,807,310 LUNC, making it the largest single contributor to LUNC supply reduction.
The goal of these burns is to gradually decrease the overall token supply, supporting efforts to stabilize the Terra Classic ecosystem. While token burns can improve scarcity, they do not guarantee price increases and should be viewed as part of a broader, community-driven recovery plan.

#BinanceTurns8

In less than a year, Hyperliquid captured nearly 10% of BTC and ETH perp volume. It has even surpassed DeFi rivals and is now challenging CEXs.
Despite unmatched growth and revenues, HYPE trades at deep discounts to Solana and Ethereum, which has sparked debate over whether it’s severely undervalued.
HYPE: The Underdog?
Hyperliquid brought in $409 million in user fees in the last six months. This accounts for 23% more than Ethereum and 75% more than Solana. Yet, its token HYPE trades at an 88% discount to ETH and a 62% discount to SOL on a fully diluted basis.
Experts at “The DeFi Report” point to a combination of product strength, unique tokenomics, and growing market share as reasons the gap may not hold for long.
Unlike many crypto projects, Hyperliquid launched without venture capital involvement, excluding VCs and angels from the token allocation. Instead, it distributed 31% of the supply to early users at genesis, worth $1.2 billion at the time and now valued at $4.7 billion. The move turned traders into stakeholders and avoided the selling pressure typically caused by VC unlock cycles.
In addition, the project set aside a 6% foundation budget to fund operations and directed user fees into an Assistance Fund that buys HYPE from the open market. This reduces token float and supports price discovery.
Hyperliquid’s core product is a high-throughput, on-chain central limit order book offering perpetuals and spot trading. It provides sub-second block times, low fees, and a self-custody trading experience. Such a system replicates the feel of a centralized exchange but with DeFi transparency.
Trading activity is at an all-time high, with daily volumes of $10-$20 billion and $13 billion in open interest across assets, giving the platform roughly 9-11% of global BTC and ETH perps volume. Hyperliquid generated $107 million in fees in the last 30 days, which is well above Solana’s $40 million and Ethereum’s $67 million.
Nearly all revenue is funneled into token buybacks. The report found that in July alone, $92.2 million in fees led to $90.2 million of HYPE being repurchased. Analysts say this creates a form of “buyback yield” that accrues directly to holders, unlike traditional fintech or tech valuations where revenues sit with companies.
Expansion has also played a role in the project’s growing profile. Hyperliquid has moved beyond being just a perpetuals DEX into developing its own Layer 1 ecosystem. For instance, its HyperEVM allows developers to build against deep liquidity on the protocol’s order books without needing to run their own exchanges. This strategy, combined with integrations across wallets such as Phantom, Rabby, and Rainbow, as well as lending and bridging products like Hyperlend and Unit Protocol, has widened its reach and strengthened network effects.
On an annualized basis, Hyperliquid has processed $1.95 trillion in volume, more than its decentralized competitors combined. Its BTC and ETH open interest represents 32% of CME’s and 7.6% of the total across both crypto-native exchanges and CME.
Mounting Risks
Risks remain, especially with growing competition from Coinbase and Robinhood, reliance on a small validator set, and questions about sustainability, given that a relatively small number of active traders generate most of the revenues.
Even so, with HYPE trading at a $48 billion fully diluted valuation and $16 billion in circulating supply, analysts note that its buyback-driven model and market penetration suggest the token remains undervalued compared to Solana and Ethereum.

#BinanceTurns8

The recent market dip has left traders uncertain, and on-chain data is painting a clearer picture. According to this week’s On-Chain Insights, crypto whales—the major holders who often move the market—have hit the brakes. These large investors typically step in during price dips to buy more, but this time, they’re staying quiet.
Alongside this, US-based investor activity has also declined. This lack of participation from key market players is a signal that confidence is low, or that they’re waiting for better entry points. The combined effect has allowed sellers to dominate the current trend.
Sellers in Control—For Now
With whales and institutional buyers on the sidelines, selling pressure is dictating price movements. This is evident in the increased number of coins flowing to exchanges, which often suggests a desire to sell rather than hold.
Sellers seem to be driving the market down, testing key support zones. If these support levels hold and new demand kicks in—either from retail or larger investors—we could see a shift. But until then, the market remains vulnerable to further drops.
What Could Happen Next?
Looking ahead, the market’s next move hinges on a few factors. First, how quickly demand returns—especially from whales and US investors—will be critical. Second, macroeconomic events or bullish news could trigger a reversal. For now, it’s a wait-and-see phase.
This week’s free insights offer a broad overview, but the deeper signals and alpha are tucked inside the premium section. If you’re looking for a more data-driven edge, it might be worth a look.
#BinanceTurns8

XRP Ledger sets a new record with $131.6M RWA issuance while market cap consolidation builds confidence in future growth.Despite sharp volatility from $25B to $190B, XRP stabilizes at $132B showing resilience and growing investor confidence.Lower fees alongside $132B market cap show XRP’s ecosystem maturing as adoption of real-world assets accelerates globally.
XRP Ledger is entering a defining stage as adoption accelerates with record tokenized real-world asset (RWA) issuance. According to Coin Bureau, XRPL closed Q2 2025 with $131.6 million in RWA issuance, its highest figure ever. 
The statement, which was announced at the XRPL Apex event in Singapore, indicates a expanding acceptance that is changing the way investors interact with blockchain technology. Additionally, the market value of XRP has increased by 8.5% for the quarter to $132 billion.
Besides the impressive RWA milestone, XRP’s valuation reflects clear investor confidence. The market value has increased by about 400% since July 2024, when it was trading between $25 billion and $35 billion.
Volatility and Market Cycles
XRP displayed notable volatility across the past twelve months. September 2024 marked the start of increased market activity as transaction fees climbed. However, the real turning point came in October 2024 when XRP entered a sharp bull run. Market cap surged from $25 billion to nearly $75 billion in weeks.

The momentum intensified in late October and November, with XRP reaching a $190 billion peak. Consequently, gains exceeded 650% compared to summer levels. Network usage spiked alongside this rally, with transaction fees hitting $54,000 at the height of activity.
The market did, however, soften in December, and the capitalization fell to between $140 and $160 billion. While there was some additional volatility from January to April 2025, there was no significant breakout. In the spring, XRP stabilized after bouncing between $170 billion resistance and $120 billion support.
Consolidation and Outlook
Additionally, May and June data shows XRP consolidating gains near $132 billion. Transaction fees dropped to $6,000–$8,000, reflecting reduced speculative activity. However, this fee decline also suggests healthier network usage as trading stabilizes.
Moreover, XRP’s current levels remain higher than pre-rally valuations. With adoption accelerating through record RWA issuance, there is a strong foundation forming. Hence, the correlation between market cap and network fees reinforces the belief that XRP continues to mature into a sustainable growth phase.

#BinanceTurns8