BNB is probably the most impressive altcoin now, it's rising steadily and on its standing now, I think it will be a big rival of ETH and might soon replace ETH in the rank 2 spot.
What do you think are the reasons for this pump? I know we there's a lot of reason since Binance has been providing us with their development transaprently, I'm asking for a big reason now and news to come.
I believed that binance strong foundation is the key of bnb coin success here, and with the ongoing pumps, many people attracted to this asset. Indeed it's been a tight rival of ethereum, which I think had an advantage because the transaction fee of their network hasn't increase compared to erc20. Binance using bsc network is doing well, and people never cried for bigger tx fees that's why it also contributes to the demand.
I agree on that, the main topic here is the tx fees, binace is now becoming more amazing than erc20 the fees is the most important thing specially on trading or buying some token or coin on the crypto feild the advantages of small fees is great that makes sense to investors. So i believe that binance will boom on the upcoming days, weeks, or months i think last quarter of the year 2021 is the most exciting part so let us wait.