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BlockBeatsAsia

Just now, $BNB completed its 32nd quarterly burn in history, with over $1 billion worth of $BNB sent to a black hole.

The opportunity to write this article. @BNBCHAIN is experiencing a parallel convergence of "internal hot flows" and "external capital": on the one hand, it is承接ing the traffic boom of Binance Alpha; on the other hand, it is also attracting the liquidity of traditional institutional funds from outside the crypto space. The intersection of these two paths constitutes the most compelling narrative core of the current $BNB Chain ecosystem.

Just 24 hours ago, xStocks stock tokens announced that they would be landing on $BNB Chain, and Kraken will support deposits and withdrawals on this network. This means that US stocks and ETF tokens such as $AAPLx, $TSLAx, $SPYx, and $NVDAx will be able to achieve 7×24-hour seamless trading and delivery in the coming weeks, thanks to $BNB Chain's high performance and low fees.

This is not the first time $BNB Chain has participated in this wave of crypto US stocks. $BNB, as an ecosystem token, has been expanded to more scenarios. Last night, YZi Labs (formerly Binance Labs) officially announced its support for 10X Capital to promote the development of $BNB Treasury Company, which aims to create a listed company that allows US investors to access the development of BNB. In June, Nano Labs Ltd announced the launch of a crypto reserve strategy, with the first phase involving a gradual investment of $1 billion to purchase an equivalent amount of $BNB, with a long-term goal of holding 5% to 10% of the total circulating supply of BNB. The first batch of purchases has now been completed.

In just 200 days, $BNB Chain has experienced its most vibrant six months since the 2020 DeFi summer.

We have listed the data for $BNB Chain, as well as the progress of @PancakeSwap, @lista_dao, @four_meme_, and @Aster_DEX. More information: https://t.co/RfwJXAyWUj

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