Beyond Binance Alpha, take stock of BNB Chain’s potential opportunities

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MarsBit
06-05
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Here is the English translation: BNB Chain's recent May data shows strong growth momentum in its ecosystem, with its DEX trading volume ranking first among among global public chains. The number of successful on-chain transactions increased by 122% month-on-month, while monthly active users of stablecoins exceeded 15.3 million, achieving nearly 40% monthly growth. Meanwhile, Meme coins in the BSC ecosystem triggered a surge, with popular tokens like Ghibli and BOB experiencing intraday gains of double or even more, becoming the market's focus. Behind these impressive data points is a clear manifestation of a new wealth effect in the BNB Chain ecosystem. Which popular projects in the BNB Chain ecosystem are attracting capital inflows? How can retail investors capture market opportunities by leveraging the liquidity advantages created by USD1 and Binance Alpha? This article will deeply analyze BNB Chain's wealth code and help you discover potential investment opportunities. [The rest of the translation follows the same professional and accurate approach, maintaining the original structure and technical terminology.]

First, over 99% of USD1 is deployed on BNB Chain. This ststablecoin is issued by World Liberty Financial (WLFI), with custody services provided by BitGo. Previously, the Abu Dhabi investment institution MGX recently completed a $2 billion investment in Binance through USD1, further its potential.

Behind this high concentration, BNB Chain's "zero gas fee" incentive mechanism tailored for USD1 played a key role, significantly reducing users' transaction costs. This USD. This made USD become one of the stablecoins favored by chain users, especially high-frequency traders and meme players, paving the way for its-scale application.

The influence of USD1 is not limited to theeme track, it is comprehensively expanding outwards. On mainstream DeFi protocols like PancakeSwap and Venus volumes of trading pairs such as USD1/USDT and USD1/BNB continue to rise. Additionally, USD1 launched has ed on Ethereum ETand plans to access TThis cross-chain and cross-platform layout further feeds back the ecological value of BNB Chain through liquidity transmission.

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3.2ance: Traffic Amplifier Empowered by CEX

>Platform data shows that over 70% of projects listed on Alpha are tokens based on BNB Chain. Binspecially launched incentive measures such as "Points for BNB Chain Project Trading" to exchange users to onNThis is a perfect embodiment of Binance's ecosystem synergy - successfully combining thealized CEX's traffic and brand advantages with theB the on-chain ecological advantagesBvantages Chain Chain, forming a powerful growth flywheel.

In summary,,, USD1 stablecoin, with its strong capital background, has built a liqua foundation and institutional narrative for BNB Chain; while the Binance Alpha platform delivers continuous user traffic and market heat. One solidifies the value anchor on-chain, while the other introduces users and liquidity off-chain, jointly driving BNB Chain's wealth narrative.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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