Source: CoinGecko

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    Binance roasts Solana, throws a meme war

    Bahira
    Battle of the blockchains heats up with memecoin mania
    Bahira

    A playful rivalry has likely broken out between Binance’s BNB Chain (BNB) and Solana as both blockchain giants wrestle to showcase their innovations. No doubt, both blockchain platforms have been at the forefront of the blockchain industry. 

    Now, BNB appears to call Solana a window shopper, as interpreted by the media, meaning — Solana is watching what BNB does, probably checking out its ecosystem, innovations, or user base, but not actively participating or matching the momentum.

    Hyping up the competition comes an interesting fact — BNB’s meme season ignited a sudden spike as its token called 4, and co-founder Changpeng Zhao’s SZN memecoin gained some fruitful momentum! 

    And, the result? Nearly 100,000 onchain traders bought new memecoins, and 70% made a profit. That’s a benchmark achievement for Binance, heating up the competition between the blockchain platforms.  

    In 2024, BNB has unfolded a no-code real-world asset, allowing users to tokenize Real-World Assets (RWA), or in other words digital representation of RWAs. This is a unique achievement for Binance!  

    For Solana, Pump.fun is its turning spot to turbocharge memecoins. Pump.fun is Solana’s memecoin launchpad. Either way, it’s a watch-and-see game in the crypto industry.

    Disclaimer:

    This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.