We're looking at around $2600, and indeed these projections can be met and exceeded.
So plenty of upside left it appears.
If we compare BNB to ETH
BNB has a marketcap of $130 Billion
ETH = $562 B
BNB has a deflationary model;
Quarterly formulaic burns.
And real time burning of gas fees via smart chain transactions.
This has reduced supply by 31% since 2023
Institutional demand is increasing via D.A.T.'s
With over 30 companies allocating $1.2B as of now.
TVL:
BNB = $58B
ETH = $102B
Daily TX's
BNB = 4.1 Million
ETH = 2M on the L1 & 3.4M on L2's
So plenty of upside left it appears.
If we compare BNB to ETH
BNB has a marketcap of $130 Billion
ETH = $562 B
BNB has a deflationary model;
Quarterly formulaic burns.
And real time burning of gas fees via smart chain transactions.
This has reduced supply by 31% since 2023
Institutional demand is increasing via D.A.T.'s
With over 30 companies allocating $1.2B as of now.
TVL:
BNB = $58B
ETH = $102B
Daily TX's
BNB = 4.1 Million
ETH = 2M on the L1 & 3.4M on L2's
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.