As long as the reputation of Binance (exchanges) is good and still become the top exchanges of Centralized exchanges, Binance coin could replace Ethereum.
But we can't deny the fact if Centralized exhanges always have been targeted of hacker and each year there at least 1 exchanges will be hacked, Binance ever got hacked once on 2019.
So, be aware if Binance will get hacked in the future... the coin value will got affected too.
Agree. I think after defi, NFT became a hot trend earlier this year. BNB had a well-prepared hybrid BSC hybrid, along with a great reputation from community support for the largest exchange.
The BSC provides all the essentials for defi additional requests, competing with ETH. But BSC needs time to verify the compatibility is guaranteed.
I think BNB surpassed Tether to take third place. They have the experience and the competition to accelerate. They will not be able to replace ETH yet, but they create a trend that could make a big profit.