#RED

I. The rise of RED: From 'marginal oracle' to Binance's darling.
1. Technical narrative: Cross-chain ambition and capital push.
RED (RedStone) claims to be a 'multi-chain oracle', claiming to break the data barriers between EVM and non-EVM chains, solving the issue of data islands between chains. Its core technology is 'modular design' and 'dynamic data flow', but there is limited real innovation—similar concepts like Chainlink and Band Protocol already occupy 80% of the market share. Binance's choice of RED is more about 'supporting second-tier projects to balance the ecosystem' rather than a technical breakthrough.