In the next coming months or maybe at the end of this year, I believe the position of binance will improve. With continuous popularity of its BSC network as well as other financial services offered in their platform, they have a very good journey in this market. But it is good to know that eth is now in this spot. How much more when eth team finally deployed the phase 1 & 2 of their ETH 2.0?
I still think BSC and BNB are overvalued,,, but if they can add pressure to ETH 2.0 to make it, then I am all for it. In the spirit of competition and competitiveness the key for developing even better platforms, then I think everybody wins in the end. A scalable ETH and a healthy competition from people like Binance will lead to strong smart contract ecosystems. All systems go!