Unknowingly, Binance has been around for 8 years.
If there were no Crypto, no Binance, I wouldn't know where to go.
Thank you Binance, thank you Crypto 🙏🙏
Binance's 8th anniversary: A fantastic drift in the world of crypto
2017
In the summer of 2017, BNB's ICO issuance price was $0.1, and after going live in December, BNB rose to $2. When CZ @cz_binance announced the establishment of Binance on Twitter, the cryptocurrency market was still in chaos.
2018
Binance launched the Binance Chain testnet, initiated decentralized trading (DEX) plans; BNB rose to $25.
2019
Binance Chain mainnet launched (April), supporting BNB staking; BNB peaked at $40 (June).
2020
Binance Smart Chain (BSC) officially launched (September), compatible with EVM, BNB surged from $15 to $40 (year-end).
BSC chain: Launched a low Gas fee, high-performance DeFi ecosystem, with PancakeSwap and other DEXs emerging.
2021
BNB's market value surpassed $100 billion, price reached an all-time high of $686 (May); Binance became the world's largest exchange.
BSC chain: TVL surged, becoming the second largest chain in DeFi, with daily trading volume exceeding Ethereum.
2022
FTX implosion (November), Binance led the industry rescue fund; BNB fell to $240 (year-end).
BSC chain: Faced security attacks (such as cross-chain bridge vulnerabilities), but TVL remained in the top five.
2023
Binance reached a settlement with the US Department of Justice (November), paying a $4.3 billion fine; BNB briefly fell to $230 before rebounding to $330.
BSC chain: Optimized verification node mechanism, strengthened compliance, and launched opBNB Layer2 expansion plan.
2024
BNB broke $700 (June), reaching an all-time high; Binance promoted BSC chain GameFi and RWA (real assets) applications.
BSC chain: Cross-chain bridge upgraded, supporting Bitcoin pegged token (BTCB), with daily trading volume exceeding 25 million transactions.
2025 (as of July)
BSC chain MEME coin frenzy (like $Mubarak), payment scenarios deepening; BNB price at $647.
BSC chain:
TVL exceeded $4.5 billion, leading in DeFi and GameFi ecosystems.
Launched 'On-chain AI Oracle', supporting smart contract automation.
No one could have imagined that this startup exchange would grow into an industry giant in just a few years, and its platform token BNB would surge from a starting point of $0.1 to become one of the strongest assets in the crypto world.
Eight years have passed, and Binance's story resembles a dramatic business war saga—rising from the ICO frenzy, expanding against the trend during bear markets, experiencing the brilliance of DeFi Summer, weathering the storm of regulation, and ultimately standing tall amidst the ruins and rebirth of the industry.
From trading platform to ecological empire
In its early days, Binance was just an exchange that allowed 'trade mining', but its ambitions went far beyond that. The launch of Binance Chain in 2019 and the explosion of BSC in 2020 transformed Binance from a simple trading platform into a complete blockchain ecosystem. During those years, the Gas fees on BSC were incredibly low, PancakeSwap's trading volume once surpassed Uniswap, and countless projects grew wildly on Binance Smart Chain—there were bubbles, but also true innovation.
BNB: The 'blue chip' that has weathered bull and bear markets
Do you remember 2021? BNB broke $600, its market value overshadowed many established public chains. At that time, holding BNB not only meant trading fee discounts, but also represented the dividends of early participants. Even during the darkest moments of 2022-2023, when LUNA collapsed, FTX imploded, and SEC lawsuits followed, BNB still showed remarkable resilience. It was no longer just a 'platform token' but one of the hard currencies in the crypto world.
Controversy and evolution
Binance's 8 years have not been smooth sailing. It has experienced hacker attacks, faced global regulatory crackdowns, and even had to pay a $4.3 billion settlement. But this company seems to always find a new direction in crisis—from CEX to DEX, from public chain to Layer2, from trading to RWA (real-world assets). Today's Binance is no longer that 'gambling exchange', but a bridge attempting to connect traditional finance with the future of crypto.
Future: Challenges remain, but the story is not over
On the 8th anniversary, the crypto industry is experiencing a new round of bull market and transformation. BTC ETF approval, institutional funds pouring in, MEME coin festivities... and Binance faces more intense competition than ever. CEXs like OKX and Bybit are eyeing closely, while public chains like Solana and Ethereum Layer2 are closing in. But no matter what, Binance has proven one thing: it is not just an exchange, but a symbol of an era.
Finally, I want to say to Binance: Happy 8th anniversary.
In these 8 years, you have made many people wealthy, and also caused many to go bankrupt; you have driven industry progress and endured the most controversy. But it is undeniable that—without Binance, the world of cryptocurrency might be much more boring than it is now.
