Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain.
But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200.
Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day.
There is no doubt Binance is one of the best exchange in crypto world. And i also kinda agree with you but if we are going to calculate or compare between them then it's long away to go for BNB to beat ETH. But guess what, if XRP beat ETH for sometimes (Jan, 2018 if i'm not wrong) then it's just a matter of time for BNB.
Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry.
We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team.
- Binance Exchange
- Binance DEX
- Binance Chain
- Binance Fiat services
- Binance Launchpad
- Having giant partners
Binance acquire Trust Wallet, WazirX Indian Market.
Binance coin will make history buy using like these above mentioned features and many more.
I do agree with your list besides
Binance DEX. Yes, this platform make BNB more usable, but i don't think so that
Binance DEX still worth platform for BNB. And i also want to add two platform which make BNB more popular
Binance US Exchange and
Binance USD (BUSD).
I think someday BNB will beat ETH, What you Think
I won't surprise then. Because if some altcoin beat ETH then it's probably BNB. Because till now literally every project is successful which project created under Binance Chain. Other hand many scam projects are coming from ETH chain. If this happen is going on then people will think twice before invest on ETH.