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Benjieming的撸毛之旅
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Benjieming的撸毛之旅

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1. 慢就是快. 2. 来币圈,定能逆天改命.
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【I’ve completed all Binance 9th anniversary tasks】 1️⃣I’ve unlocked all 9 landmarks. 2️⃣How to win the grand prize: 1. Unlock all 9 landmarks (in the final sprint) 2. Starting July 14 (UTC), post your #BinanceTurns9 plus a 20-character birthday/well-wishing message on the Plaza. ->The ultimate grand prize will be unlocked after July 14, 2026 (UTC+8)! ->Event link is as follows: Binance 9th anniversary event link ->The well-wishing message is as follows: BinanceTurns9 brings great luck! Wishing you smooth trading, doubled profits, and a happy life every single day! #BinanceTurns9
【I’ve completed all Binance 9th anniversary tasks】

1️⃣I’ve unlocked all 9 landmarks.
2️⃣How to win the grand prize:
1. Unlock all 9 landmarks (in the final sprint)
2. Starting July 14 (UTC), post your #BinanceTurns9 plus a 20-character birthday/well-wishing message on the Plaza.
->The ultimate grand prize will be unlocked after July 14, 2026 (UTC+8)!
->Event link is as follows:
Binance 9th anniversary event link
->The well-wishing message is as follows:
BinanceTurns9 brings great luck! Wishing you smooth trading, doubled profits, and a happy life every single day!
#BinanceTurns9
1️⃣ Binance’s 9th Anniversary “Task 8”: I opened it today and a “Lucky Boost” popped up. If I trade the specified token for $99, I can complete it—no need to invite anyone. 2️⃣ The trading tokens that popped up for me are TRX, JST, SUN, and KITE. #BinanceTruns9
1️⃣ Binance’s 9th Anniversary “Task 8”: I opened it today and a “Lucky Boost” popped up. If I trade the specified token for $99, I can complete it—no need to invite anyone.
2️⃣ The trading tokens that popped up for me are TRX, JST, SUN, and KITE.

#BinanceTruns9
【I’m just 2 final steps away from Binance’s 9th Anniversary Ultimate Grand Prize】 1️⃣I’ve already unlocked 7/9 landmarks, and the 99.99 BNB ultimate grand prize is getting closer than ever. 2️⃣How to win the grand prize: 1. Unlock all 9 landmarks (in the final sprint) 2. Starting July 14 (UTC), post your #BinanceTurns9 + 20-character blessing message on the plaza. -→ The ultimate grand prize will be unlocked after July 14, 2026 (UTC+8)! -→ The event link is as follows: [币安9周年活动链接](https://www.bsmkweb.cc/activity/binance-turns-9?ref=BB56789) -→ The blessing message is as follows: BinanceTurns9 good luck! Wishing you smooth trading, double the profits, and a happy and fulfilling life every day! #BinanceTurns9
【I’m just 2 final steps away from Binance’s 9th Anniversary Ultimate Grand Prize】

1️⃣I’ve already unlocked 7/9 landmarks, and the 99.99 BNB ultimate grand prize is getting closer than ever.
2️⃣How to win the grand prize:
1. Unlock all 9 landmarks (in the final sprint)
2. Starting July 14 (UTC), post your #BinanceTurns9 + 20-character blessing message on the plaza.

-→ The ultimate grand prize will be unlocked after July 14, 2026 (UTC+8)!
-→ The event link is as follows:
币安9周年活动链接
-→ The blessing message is as follows:
BinanceTurns9 good luck! Wishing you smooth trading, double the profits, and a happy and fulfilling life every day!

#BinanceTurns9
【CodeX in Crypto's Applications⓵】 1️⃣I used CodeX to write a “Binance Alpha Token Monitoring Bot.” Maybe the conditions are too loose—it keeps spamming the screen. I’ll tweak it tomorrow. 2️⃣Today’s Twitter timeline is all “have already milked the cow—dead.”
【CodeX in Crypto's Applications⓵】

1️⃣I used CodeX to write a “Binance Alpha Token Monitoring Bot.” Maybe the conditions are too loose—it keeps spamming the screen. I’ll tweak it tomorrow.
2️⃣Today’s Twitter timeline is all “have already milked the cow—dead.”
【Binance Square Creator Verification (Xiao Jin Gou) Complete Guide】 1️⃣ The entry threshold is now extremely low. 2️⃣ Binance Square offers two types of creator verification badges you can apply for: ① Creator Verification: 30,000+ fans on the Square or major social media (e.g., Twitter). ② Creator Verification+: Total views of 300,000+; and content mining trading volume this quarter equivalent to USD 1,000,000, etc. 3️⃣ How to apply? Square personal homepage -> Edit -> Apply Now. 4️⃣ Direct: [https://www.binance.com/zh-CN/square/verified-badge](https://www.binance.com/zh-CN/square/verified-badge)
【Binance Square Creator Verification (Xiao Jin Gou) Complete Guide】

1️⃣ The entry threshold is now extremely low.
2️⃣ Binance Square offers two types of creator verification badges you can apply for:
① Creator Verification: 30,000+ fans on the Square or major social media (e.g., Twitter).
② Creator Verification+: Total views of 300,000+; and content mining trading volume this quarter equivalent to USD 1,000,000, etc.
3️⃣ How to apply?
Square personal homepage -> Edit -> Apply Now.
4️⃣ Direct: https://www.binance.com/zh-CN/square/verified-badge
【YZi Labs investment but no TGE projects list - my filtering】 1️⃣ In the past year, the crypto world has basically been frequent listing by Binance and Coinbase. I compiled the YZi Labs investments from the past year, but projects that have not had a TGE yet: ⓵ A total of 16 projects have not released tokens. ⓶ I removed 10 projects with “mostly Web2” business models. 2️⃣ This is the filtered table. It’s fairly subjective. My conclusion is: ⓵ Focus on Predict. ⓶ Pay attention to Polysights and Renaiss Protocol.
【YZi Labs investment but no TGE projects list - my filtering】

1️⃣ In the past year, the crypto world has basically been frequent listing by Binance and Coinbase. I compiled the YZi Labs investments from the past year, but projects that have not had a TGE yet:
⓵ A total of 16 projects have not released tokens.
⓶ I removed 10 projects with “mostly Web2” business models.

2️⃣ This is the filtered table. It’s fairly subjective. My conclusion is:
⓵ Focus on Predict.
⓶ Pay attention to Polysights and Renaiss Protocol.
[First large-scale 'SpaceX stock IPO lottery' results in the crypto space] - Binance Refund, the platform covers 30U for each user. - Kraken An average allocation of 4.27 shares, roughly valued at 600U. - Bybit Refund, compensation based on a 10% annualized interest rate on deposits over 4 days. - Gate Distributed proportionally, about 3% of the principal. - Bitget Refund, each user gets a 10U trading fee voucher. -> The current situation in the crypto space, for upcoming activities, prioritize participating in Binance.
[First large-scale 'SpaceX stock IPO lottery' results in the crypto space]

- Binance
Refund, the platform covers 30U for each user.
- Kraken
An average allocation of 4.27 shares, roughly valued at 600U.
- Bybit
Refund, compensation based on a 10% annualized interest rate on deposits over 4 days.
- Gate
Distributed proportionally, about 3% of the principal.
- Bitget
Refund, each user gets a 10U trading fee voucher.

-> The current situation in the crypto space, for upcoming activities, prioritize participating in Binance.
1️⃣ Starting June 12, Futu is halting mainland stock buying and deposit services: - I don't have a Futu account, but it’s likely true. 2️⃣ It feels like the road for Hong Kong brokers is slowly getting blocked: - If regulation really kicks in, US brokers will probably "raise the bar or share info" too. -> Honestly, aside from security concerns, tokenization of US stocks is really a good idea for mainland users; I'm keeping a close watch on it.
1️⃣ Starting June 12, Futu is halting mainland stock buying and deposit services:
- I don't have a Futu account, but it’s likely true.
2️⃣ It feels like the road for Hong Kong brokers is slowly getting blocked:
- If regulation really kicks in, US brokers will probably "raise the bar or share info" too.

-> Honestly, aside from security concerns, tokenization of US stocks is really a good idea for mainland users; I'm keeping a close watch on it.
1️⃣Historic moment, Binance main site can trade 'real US stocks' now, not just US stock tokens. 2️⃣Binance mobile app upgraded to v3.15.0, language needs to be set to Traditional Chinese.
1️⃣Historic moment, Binance main site can trade 'real US stocks' now, not just US stock tokens.
2️⃣Binance mobile app upgraded to v3.15.0, language needs to be set to Traditional Chinese.
1️⃣ Bitcoin has broken through 80k. 2️⃣ This time last year, we had Binance Alpha and Kaito, and as Bitcoin surged, all the projects came back to shake things up. -> Today is May 4, 2026, and whether the crypto space still 'wins over with gains' this year remains to be seen.
1️⃣ Bitcoin has broken through 80k.
2️⃣ This time last year, we had Binance Alpha and Kaito, and as Bitcoin surged, all the projects came back to shake things up.

-> Today is May 4, 2026, and whether the crypto space still 'wins over with gains' this year remains to be seen.
【Binance Web3 Wallet Skills Installation Guide - This article only shares 8 Skills of Web3】 ⭐️ refers to the Binance AI Agent Skills Hub's binance-web3 skill pack, which includes a total of 8 Skills. ⭐️ Primarily suitable for AI agent environments like OpenClaw, Claude Code, Gemini CLI, etc., that support Skills. 1️⃣ In your AI agent chat window (like OpenClaw, etc.), type the following prompt: 「 Install Binance Skills for me. Please run the command: npx skills add binance/binance-skills-hub 」 - The agent will automatically download the official Skills Hub (binance-skills-hub), which includes all binance-web3 related skills (like query-token-info, query-token-audit, meme-rush, crypto-market-rank, query-address-info, binance-agentic-wallet, etc.). 2️⃣ It will also sync and install other Skills from the CEX side, but we won’t delve into that here. 3️⃣ Once installed, just ask OpenClaw to confirm whether the 8 Web3 Skills are set up and let me know what these 8 Skills can do. 4️⃣ I’ll share the usage part in my next article.
【Binance Web3 Wallet Skills Installation Guide - This article only shares 8 Skills of Web3】

⭐️ refers to the Binance AI Agent Skills Hub's binance-web3 skill pack, which includes a total of 8 Skills.
⭐️ Primarily suitable for AI agent environments like OpenClaw, Claude Code, Gemini CLI, etc., that support Skills.

1️⃣ In your AI agent chat window (like OpenClaw, etc.), type the following prompt:

Install Binance Skills for me. Please run the command: npx skills add binance/binance-skills-hub

- The agent will automatically download the official Skills Hub (binance-skills-hub), which includes all binance-web3 related skills (like query-token-info, query-token-audit, meme-rush, crypto-market-rank, query-address-info, binance-agentic-wallet, etc.).
2️⃣ It will also sync and install other Skills from the CEX side, but we won’t delve into that here.
3️⃣ Once installed, just ask OpenClaw to confirm whether the 8 Web3 Skills are set up and let me know what these 8 Skills can do.
4️⃣ I’ll share the usage part in my next article.
1️⃣ Homegrown 'big models'. 2️⃣ Fish memory. (MiniMax-M2.5 big model, beggar version 29 yuan monthly)
1️⃣ Homegrown 'big models'.
2️⃣ Fish memory.

(MiniMax-M2.5 big model, beggar version 29 yuan monthly)
【Binance Hong Kong Exhibition Information Collection】 1️⃣Binance's exhibition activities have already taken place. Based on the photos shared by KOLs attending the event, it seems to be "very mediocre" + "not many new products" this year. I think the large turnout is because people are going to "apply for a Hong Kong card to receive Mr. Ma's salary" and "open a Hong Kong and US stock account". 2️⃣What can be seen on Binance's side is still "continuing to supplement the Binance wallet section". Previously integrated Perp-DEX, and now also integrated the prediction market.
【Binance Hong Kong Exhibition Information Collection】

1️⃣Binance's exhibition activities have already taken place. Based on the photos shared by KOLs attending the event, it seems to be "very mediocre" + "not many new products" this year. I think the large turnout is because people are going to "apply for a Hong Kong card to receive Mr. Ma's salary" and "open a Hong Kong and US stock account".
2️⃣What can be seen on Binance's side is still "continuing to supplement the Binance wallet section". Previously integrated Perp-DEX, and now also integrated the prediction market.
【How to use Binance Ai Pro to achieve "One-click posting on Binance Square"?】 1️⃣ Step one, activate Binance Ai Pro. 2️⃣ Step two, in the "Dialogue" interface say: - Based on the current hottest topics on Binance Square, write a popular article and publish it. 3️⃣ Step three, take a look at the draft, if there are no issues, publish it, if there are issues, have it revised. 4️⃣ Step four, continue to say in the "Dialogue" interface: - Publish.
【How to use Binance Ai Pro to achieve "One-click posting on Binance Square"?】

1️⃣ Step one, activate Binance Ai Pro.

2️⃣ Step two, in the "Dialogue" interface say:
- Based on the current hottest topics on Binance Square, write a popular article and publish it.

3️⃣ Step three, take a look at the draft, if there are no issues, publish it, if there are issues, have it revised.

4️⃣ Step four, continue to say in the "Dialogue" interface:
- Publish.
1️⃣The latest tweets and content come from Binance Ai Pro. 2️⃣I hope it can become more and more user-friendly.
1️⃣The latest tweets and content come from Binance Ai Pro.
2️⃣I hope it can become more and more user-friendly.
【Today the 5 hottest topics in the Binance Square community, bringing you a quick understanding of market sentiment 】 #1 BTC — The first in social popularity gap Sentiment: Positive 🟢 | 24h: -0.12% The U.S. government's transfer of Bitcoin has drawn attention, and Wall Street continues to expand its crypto layout, with BTC once surging to a high of $76,000. The main sentiment remains bullish, with institutional funds gradually entering the market. #2 XRP — Continuous positive news Sentiment: Positive 🟢 | 24h: -0.49% XRP Ledger announced new collaborations, ETF funds net inflow of nearly $12 million, and Exodus wallet expands XRP support. The ecological expansion momentum is strong. #3 ETH — Clear divergence in sentiment Sentiment: Slightly negative 🔴 | 24h: +0.02% The market's short-term correction has caused some panic, Charles Schwab announced entry into crypto, but developer activity has simultaneously surged. Prices are consolidating, and on-chain data remains strong. #4 RAVE — Dark horse surges Sentiment: Positive 🟢 | 24h: -0.17% Once surged by 4900%, subsequently listed on KuCoin and CoinEx, several KOLs loudly promoted it, and new funds continue to pour in. High volatility, high attention. #5 SIREN — Whale movements cause controversy Sentiment: Slightly negative 🔴 | 24h: +0.07% Whales have massively withdrawn coins from Binance, causing severe fluctuations in market value, and numerous free trading signals are widely circulated in the square. Beware of risks. ⚠️ The above content is for reference only and does not constitute investment advice.
【Today the 5 hottest topics in the Binance Square community, bringing you a quick understanding of market sentiment 】

#1 BTC — The first in social popularity gap
Sentiment: Positive 🟢 | 24h: -0.12%
The U.S. government's transfer of Bitcoin has drawn attention, and Wall Street continues to expand its crypto layout, with BTC once surging to a high of $76,000. The main sentiment remains bullish, with institutional funds gradually entering the market.

#2 XRP — Continuous positive news
Sentiment: Positive 🟢 | 24h: -0.49%
XRP Ledger announced new collaborations, ETF funds net inflow of nearly $12 million, and Exodus wallet expands XRP support. The ecological expansion momentum is strong.

#3 ETH — Clear divergence in sentiment
Sentiment: Slightly negative 🔴 | 24h: +0.02%
The market's short-term correction has caused some panic, Charles Schwab announced entry into crypto, but developer activity has simultaneously surged. Prices are consolidating, and on-chain data remains strong.

#4 RAVE — Dark horse surges
Sentiment: Positive 🟢 | 24h: -0.17%
Once surged by 4900%, subsequently listed on KuCoin and CoinEx, several KOLs loudly promoted it, and new funds continue to pour in. High volatility, high attention.

#5 SIREN — Whale movements cause controversy
Sentiment: Slightly negative 🔴 | 24h: +0.07%
Whales have massively withdrawn coins from Binance, causing severe fluctuations in market value, and numerous free trading signals are widely circulated in the square. Beware of risks.

⚠️ The above content is for reference only and does not constitute investment advice.
【Snow Mountain Rescue of the Fox: How a Douyin White Fox Ignited On-Chain Revelry?】 While most people are still scrolling through Douyin watching that snow mountain white fox, another group has already minted this story into tokens on the Solana chain. This is the speed of the crypto world. The white fox in Chinese culture is a fox spirit, a divine beast, a symbol of centuries of spiritual energy and mystery. When the video reaches the emotions of millions, it is no longer just a short video — it has become a symbol and the narrative of meme coins. ⚡ Data says it all According to Binance Web3 data, there are already 6 tokens under the topic of "Snow Mountain Rescue of the Fox," with a cumulative net inflow of over $76,000, and a historical peak of $181,000. Emotion is rapidly monetized on the chain. ⚠️ But the harsh reality is: multiple tokens with the same name dilute liquidity, with the number one token's market value at only $5,263, held by 324 people. Most people are paying for the early entrants. The essence of meme coins is the securitization of emotions. When emotions recede, there are no fundamentals to support the price. 🔮 Deeper meaning: Web3 is redefining "cultural assets." From Doge to Pepe, every rise of a meme represents a victory of collective narrative. What people are buying is not just tokens, but a sense of participation and proof of "I was there too." A saved white fox ignited on-chain revelry. The most beautiful scenery is often also the most dangerous place. #Web3 #Meme #Solana #CryptoCulture #SnowMountainRescueOfTheFox ⚠️ Not an investment advice
【Snow Mountain Rescue of the Fox: How a Douyin White Fox Ignited On-Chain Revelry?】

While most people are still scrolling through Douyin watching that snow mountain white fox, another group has already minted this story into tokens on the Solana chain. This is the speed of the crypto world.

The white fox in Chinese culture is a fox spirit, a divine beast, a symbol of centuries of spiritual energy and mystery. When the video reaches the emotions of millions, it is no longer just a short video — it has become a symbol and the narrative of meme coins.

⚡ Data says it all
According to Binance Web3 data, there are already 6 tokens under the topic of "Snow Mountain Rescue of the Fox," with a cumulative net inflow of over $76,000, and a historical peak of $181,000. Emotion is rapidly monetized on the chain.

⚠️ But the harsh reality is: multiple tokens with the same name dilute liquidity, with the number one token's market value at only $5,263, held by 324 people. Most people are paying for the early entrants.

The essence of meme coins is the securitization of emotions. When emotions recede, there are no fundamentals to support the price.

🔮 Deeper meaning: Web3 is redefining "cultural assets." From Doge to Pepe, every rise of a meme represents a victory of collective narrative. What people are buying is not just tokens, but a sense of participation and proof of "I was there too."

A saved white fox ignited on-chain revelry. The most beautiful scenery is often also the most dangerous place.

#Web3 #Meme #Solana #CryptoCulture #SnowMountainRescueOfTheFox
⚠️ Not an investment advice
【Why did BTC rise while global stock markets plummeted? The logic of the market has changed today】 An interesting thing happened today: The three major U.S. stock indexes collectively plummeted, with the Nasdaq dropping over 5%, and the seven major tech companies losing nearly 9% cumulatively on the 20th. The Japanese, Asian, and European stock markets were also not spared, with a global sense of despair. However, BTC rose by +1.24% today, reporting at $67,647. Isn't that strange? The logic behind it In the past, BTC followed the ups and downs of the U.S. stock market, being synonymous with risk assets. But today's trend indicates that more and more funds are starting to treat BTC as a safe-haven asset, much like gold. The core reasons triggering this stock market crash: the ongoing tension in the Middle East, with conflicts in Iran driving up oil prices; the Federal Reserve's hawkish signals, expecting only one rate cut this year; consumer confidence falling to 53.3, a record low in recent years; inflation expectations rising to 3.8%, with stagflation risks emerging. In this environment where the stock market is declining and gold is also unstable, BTC's anti-inflation narrative is quietly returning. Today's Alpha Highlights: R2 and BASED both launch Binance Alpha welcomes two major new projects today: R2 Protocol (on-chain capital aggregator, starting pool price 0.03U, 4x points) and BASED (Hyperliquid ecosystem project, raising $18.2 million, pool price 0.075U, 4x points). The first day of launch is often the most active trading window, and interested friends can pay attention. The most important judgment today The market is experiencing a narrative switch: from BTC as a risk asset to BTC as digital gold. If this switch holds, the logic of the next bull market will be completely different from the previous one. The direction of institutional funds and ETF inflows will be the best verification signal. What’s most worth doing now: don’t be swayed by the panic in the stock market, stay calm, and maintain your positions. Risk warning: This article is merely a market opinion analysis and does not constitute any investment advice. The risks in the cryptocurrency market are relatively high; please make rational decisions. #BTC #Bitcoin #GlobalStockMarket #BinanceAlpha #Cryptocurrency #SafeHavenAsset
【Why did BTC rise while global stock markets plummeted? The logic of the market has changed today】

An interesting thing happened today:

The three major U.S. stock indexes collectively plummeted, with the Nasdaq dropping over 5%, and the seven major tech companies losing nearly 9% cumulatively on the 20th. The Japanese, Asian, and European stock markets were also not spared, with a global sense of despair.

However, BTC rose by +1.24% today, reporting at $67,647. Isn't that strange?

The logic behind it

In the past, BTC followed the ups and downs of the U.S. stock market, being synonymous with risk assets. But today's trend indicates that more and more funds are starting to treat BTC as a safe-haven asset, much like gold.

The core reasons triggering this stock market crash: the ongoing tension in the Middle East, with conflicts in Iran driving up oil prices; the Federal Reserve's hawkish signals, expecting only one rate cut this year; consumer confidence falling to 53.3, a record low in recent years; inflation expectations rising to 3.8%, with stagflation risks emerging.

In this environment where the stock market is declining and gold is also unstable, BTC's anti-inflation narrative is quietly returning.

Today's Alpha Highlights: R2 and BASED both launch

Binance Alpha welcomes two major new projects today: R2 Protocol (on-chain capital aggregator, starting pool price 0.03U, 4x points) and BASED (Hyperliquid ecosystem project, raising $18.2 million, pool price 0.075U, 4x points). The first day of launch is often the most active trading window, and interested friends can pay attention.

The most important judgment today

The market is experiencing a narrative switch: from BTC as a risk asset to BTC as digital gold. If this switch holds, the logic of the next bull market will be completely different from the previous one. The direction of institutional funds and ETF inflows will be the best verification signal.

What’s most worth doing now: don’t be swayed by the panic in the stock market, stay calm, and maintain your positions.

Risk warning: This article is merely a market opinion analysis and does not constitute any investment advice. The risks in the cryptocurrency market are relatively high; please make rational decisions.

#BTC #Bitcoin #GlobalStockMarket #BinanceAlpha #Cryptocurrency #SafeHavenAsset
【Will ETH Drop Out of the Top Two? In-Depth Analysis】 Recently, there has been a bet on Polymarket that has set the entire crypto community ablaze—there's a 59% chance that ETH will fall out of the top two in market capitalization by 2026! Is this alarmist rhetoric or is there a real basis for it? Today, let's discuss it seriously. 📊 Current Situation As of March 30, 2026, the market capitalization rankings are as follows: First BTC: approximately $1.32 trillion (well ahead) Second ETH: approximately $240 billion (current price $2064, today +3.11%) Third USDT: approximately $184 billion (stablecoin, astonishing growth) XRP, BNB, and SOL are still significantly lagging behind ETH and do not pose a direct threat in the short term. ⚠️ Who is the Real Threat to ETH? It's not SOL, it's not BNB, but USDT. The growth rate of stablecoins far exceeds everyone's expectations: - USDT has grown 622% over the past 5 years - ETH has only grown 11.75% in the same period - At this rate, it’s not impossible for USDT to surpass ETH in market capitalization by the end of the year. 🔍 Three Major Pressures Facing ETH 1. Layer2 Drain: Arbitrum, Base, and other L2s have siphoned off a large amount of transactions and fees, diluting ETH's mainnet earnings. 2. Competing Public Chains Rising: The Solana ecosystem continues to explode, with a clear trend of developers and users migrating. 3. Stablecoin Expansion: The market capitalization of USDT/USDC is growing rapidly, approaching ETH. 🟢 ETH's Moat Still Exists Of course, ETH is not without its trump cards: - The Ethereum ecosystem remains the absolute core of DeFi, NFTs, and RWAs. - A high proportion of institutional holdings, with ETF funds continuously flowing in. - The Pectra upgrade is about to land, significantly enhancing network performance. - The current price of $2064 is over 50% down from its previous high, making the valuation relatively reasonable. 💬 My Opinion It's not impossible for ETH to drop out of the top two, but the probability of it happening within 2026 is overstated. Although USDT is massive, the market capitalization nature of stablecoins and public chains is different, and the pricing logic for the two is completely different. What really needs to be worried about is: if ETH cannot re-narrate itself in the next bull market, its ability to capture value will continue to be questioned. This is ETH's biggest crisis. ⚠️ Risk Warning This article is only a market opinion analysis and does not constitute any investment advice. The crypto market is highly volatile, please make rational decisions. #ETH #Ethereum #MarketCapitalization #BinanceSquare #CryptocurrencyAnalysis
【Will ETH Drop Out of the Top Two? In-Depth Analysis】

Recently, there has been a bet on Polymarket that has set the entire crypto community ablaze—there's a 59% chance that ETH will fall out of the top two in market capitalization by 2026! Is this alarmist rhetoric or is there a real basis for it? Today, let's discuss it seriously.

📊 Current Situation

As of March 30, 2026, the market capitalization rankings are as follows:

First BTC: approximately $1.32 trillion (well ahead)
Second ETH: approximately $240 billion (current price $2064, today +3.11%)
Third USDT: approximately $184 billion (stablecoin, astonishing growth)

XRP, BNB, and SOL are still significantly lagging behind ETH and do not pose a direct threat in the short term.

⚠️ Who is the Real Threat to ETH?

It's not SOL, it's not BNB, but USDT.

The growth rate of stablecoins far exceeds everyone's expectations:
- USDT has grown 622% over the past 5 years
- ETH has only grown 11.75% in the same period
- At this rate, it’s not impossible for USDT to surpass ETH in market capitalization by the end of the year.

🔍 Three Major Pressures Facing ETH

1. Layer2 Drain: Arbitrum, Base, and other L2s have siphoned off a large amount of transactions and fees, diluting ETH's mainnet earnings.
2. Competing Public Chains Rising: The Solana ecosystem continues to explode, with a clear trend of developers and users migrating.
3. Stablecoin Expansion: The market capitalization of USDT/USDC is growing rapidly, approaching ETH.

🟢 ETH's Moat Still Exists

Of course, ETH is not without its trump cards:
- The Ethereum ecosystem remains the absolute core of DeFi, NFTs, and RWAs.
- A high proportion of institutional holdings, with ETF funds continuously flowing in.
- The Pectra upgrade is about to land, significantly enhancing network performance.
- The current price of $2064 is over 50% down from its previous high, making the valuation relatively reasonable.

💬 My Opinion

It's not impossible for ETH to drop out of the top two, but the probability of it happening within 2026 is overstated. Although USDT is massive, the market capitalization nature of stablecoins and public chains is different, and the pricing logic for the two is completely different.

What really needs to be worried about is: if ETH cannot re-narrate itself in the next bull market, its ability to capture value will continue to be questioned. This is ETH's biggest crisis.

⚠️ Risk Warning
This article is only a market opinion analysis and does not constitute any investment advice. The crypto market is highly volatile, please make rational decisions.

#ETH #Ethereum #MarketCapitalization #BinanceSquare #CryptocurrencyAnalysis
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