Bitcoin hit a new all-time high at $77,000, boosting buying in several altcoins, which have also broken above their respective resistance levels.

TL;DR BNB Chain launched new incentive programs and continued its multichain strategy with the BNB Chain bridge. DeFi and NFT activity saw growth in Q3 2024, albeit with some declines in overall usage metrics. BNB experienced a decline in price and revenue, although its total supply continues to decrease thanks to burning mechanisms.

As the bitcoin price records a new high every day, the altcoin market has experienced a similar price action by adding significant value to their portfolio this week. With this, the Binance price is less than 20% from hitting a new high.

Crypto whales have dominated NFT trading activity on the BNB Chain during Q3 2024, despite a decrease in retail participation. According to Messari's latest quarterly report, the average daily NFT trading volume skyrocketed by 283% quarter-over-quarter.

BNB price holds above $590 with mixed technical signals as traders watch key support at $595 and resistance at $605, while maintaining an overall constructive market structure above the 100-hourly moving average.

Binance, one of the world's largest cryptocurrency exchanges, has set a new milestone, reaching over $8.3 billion in open positions in crypto derivatives. This surge comes as Bitcoin prices skyrocket to new all-time highs, driven by bullish market sentiment following Donald Trump's presidential victory.

BNB price struggled to stay above the $600 zone. The price is consolidating gains and might aim for a fresh increase above the $605 level.

NFT trading volume on BNB Chain increased 283% quarter-on-quarter in Q3, driven by whales as average daily buyers fell over 50%, according to Messari.

SOL and BNB are battling for rank #4. While SOL currently holds the edge, a new ATH above $260 could cement its lead.

Bulls are trying to control the situation on the market despite sellers' pressure, according to CoinStats.

Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB's $85.6 billion.

This process, called “tokenization,” allows individuals to take physical items like art, securities, or even carbon credits. They can then convert these items into digital tokens on the blockchain.

With a market capitalization of $88.4 billion, Solana has moved into third place in the ranking of cryptocurrencies, displacing Binance Coin which has an $86.7 billion market capitalization. Will Solana now widen the gap?

The current and future situation of the two crypto.

BNB Chain's MVB Season 8 Demo Day highlights promising Web3 projects, featuring sessions from top innovators. The event offers networking opportunities and insights into future blockchain trends.

Multipli, a ZK-based yield protocol, wins the BNB Incubation Alliance at Binance Blockchain Week Dubai, securing a spot in the MVB program and access to BNB Chain's LaaS package.

In the past 24 hours, the price of Binance Coin (BNB) increased by 5%, which is indicative of a consistent upward motion. BNB, which just broke the vaunted $600 barrier, is attracting the market's focus due to indications of bullish momentum.

Solana (SOL) price appears poised for a breakout as bullish momentum gains traction, lifting the cryptocurrency to a three-month high. While consistent resistance has tested its upward drive, SOL now signals the potential for further gains, capturing the attention of investors closely tracking its movements.

Solana price rally has kicked off, eyes on $200 and a new ATH.

BNB Chain's participation in Binance Blockchain Week Dubai 2024 highlights its strategic initiatives to empower Web3 innovation, including the BNB Incubation Alliance and Most Valuable Builder program.

In October, Solana outperformed Ethereum in several key metrics. The token surpassed Ethereum in market share for decentralized exchanges, economic value, and liquidity inflows. Additionally, SOL demonstrated strong price performance, reaching over $180 on election day and flipping BNB.

The crypto market is rallying 6.8% following the US presidential elections, which made Bitcoin soar to a new all-time high (ATH). As a result, most of the market saw a green daily close, with Solana (SOL) recording a 15.8% surge in the last 24 hours and regaining a key support level.

Binance Coin surges 4.49% to $585.40 with strong trading volume and bullish momentum.

Key Level to Monitor: $545 The BNB/USD pair gained momentum as Trump won the US Presidential election. The pair surged more than $40 from yesterdays low of $543.

Solana (SOL) has officially overtaken BNB (Binance Coin) to claim the title of the 4th largest cryptocurrency by market capitalization. This milestone comes as the market experiences a broader surge, driven by Bitcoin's all-time high price.

Among the largest cryptocurrencies by market capitalization, Solana (SOL) has surpassed Binance Coin (BNB) to secure the fourth position. SOL has recently experienced a 14% increase, which has enabled it to surpass BNB.

Binance cryptocurrency exchange reached a new all-time high in open interest, surpassing $8.3 billion in crypto derivatives. This surge in activity coincides with a sharp increase in Bitcoin prices, which recently hit a historic high following Donald Trump win in the U.S. presidential election.

BNB Chain Tokenization opens a pathway for small businesses to tokenize assets like real estate, art, and company shares. Designed with compliance and security features, the tool supports entrepreneurs seeking to enter Web3 without extensive technical skills. Partners like BitBond reinforce its secure ecosystem. The post BNB Chain Launches New Tokenization Tool for Small Businesses appeared first on Cryptonews.

According to financial services firm Standard Chartered, real-world asset tokenization could reach a $30 trillion market cap by 2030.

Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.

BNB Chain has launched a tokenization solution aimed at helping individuals and small businesses onboard to web3.

TL;DR BNB Chain launches a tokenization service that allows companies and users to transform real assets into digital tokens without requiring technical expertise. The platform enables SMEs to issue their own tokens, improving liquidity and offering new ways to engage with customers.

Solana's native token, SOL, has recently surpassed Binance Coin (BNB) in market capitalization, securing the fourth spot among the largest cryptocurrencies.

BNB Chain, Binance's blockchain ecosystem, has launched a new asset tokenization portal focused on real-world assets (RWAs) and private companies. This service aims to provide low-cost access to a growing market.

Solana's climb has now placed it as the fourth-largest cryptocurrency position, following only Bitcoin (BTC), Ethereum (ETH), and Tether's USDT.

TL;DR Solana (SOL) has surpassed Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, with Solana's market cap at $86.8 billion compared to BNB's $83.1 billion. Solana's growth is driven by increased on-chain activity and higher transaction fees, with its decentralized exchange Raydium generating over $3 million in fees within 24 hours.

SOL's market capitalization has outperformed BNB's, claiming the fourth position among the top largest cryptocurrencies by market cap. According to live data from CoinMarketCap, Solana's SOL has performed impressively in the last 24 hours, recording a gain of 15.41%.

Solana's valuation swelled to $87.3 billion, joining other altcoins like Dogecoin in posting double-digit gains amid a general market uptrend.

An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL's prices.

BNB price has dropped by ∼22.7% from the year-to-date high, but the weekly chart points to an eventual rebound as it has formed a cup and handle and bullish flag patterns. Binance Coin was trading at $560, down by ∼10% from its October highs.

Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?

The rates of most of the coins have come back to the green zone, according to CoinMarketCap.

The crypto market faced widespread declines, with only a few assets showing gains, underscoring the sector's inherent volatility.

The Binance Coin (BNB) token retreated for five consecutive days even as the network executed another big burn. It retreated from a high of $611.4 on Oct. 29 to a low of $562, its lowest point since Oct. 14.

The price of Binance Chain Native Token (BNB0 has fallen below the moving average lines after being rejected at the high of $612.50 on October 31. The cryptocurrency fell to a low of $570 before recovering.

On November 1, BNB Chain announced the completion of its 29th quarterly burn, effectively decreasing the cryptocurrency's total supply. Following this event, Binance Coin (BNB) bulls are eager to capitalize on the reduced supply to drive the token's price upward.

On Friday, November 1, the BNB Foundation announced the successful completion of the 29th quarterly burn by the BNB Chain. This latest event of the routine token burn reiterates the project's commitment to a deflationary approach in order to ensure growth.