Changpeng Zhao to be released soon and announce new growth plans: SEC closes investigation into Binance
Zhao Changpeng is expected to be released from prison next month, when he will unveil a new round of growth strategy. Since June, trading activity on Binance Smart Chain (BNB Chain) has increased significantly, with transaction volume increasing 60 times. This trend requires no in-depth analysis to foresee future developments.
On July 11, the U.S. Securities and Exchange Commission officially terminated its investigation into the Binance stablecoin issuer. This comes weeks after a U.S. judge dropped charges against Zhao Changpeng, foreshadowing his return in the near future. Since June, BNB Chain’s trading volume and market share have continued to rise.
This SEC decision marks a critical moment for the cryptocurrency industry, and Binance in particular. Combining the above factors, it is predicted that Binance and its BNB ecosystem will achieve significant growth in the third and fourth quarters after Changpeng Zhao’s return.
Market insiders have begun investing heavily in BNB, and its market influence is growing. There is still time to evaluate these potential alternative coins and invest in them before their value increases significantly.
$HOOK @Hooked Protocol is a world-leading Web3 social learning platform that has attracted more than 10 million users. The current market valuation is $96 million, with a unit price of $0.57.
FET/ASI @Fetch.ai is an artificial intelligence research organization dedicated to building an open, permissionless, decentralized machine learning network with a market value of $3.2 billion and a unit price of $1.27.
$ID @SPACE ID provides a BNB-based domain name service protocol, similar to Ethereum's ENS. The platform currently has a market value of $306 million and a unit price of $0.46.
$EDU @opencampus_xyz is a decentralized education platform backed by Binance that is committed to solving major problems in the contemporary education sector. It has a market value of $236 million and a price of $0.71 per unit.
$AI @SleeplessAI Labs is an innovative Web3 AI gaming platform that aims to revolutionize the gaming industry with its unique approach. The platform's current market cap is $110 million and the price per token is $0.56.
Tellor ($TRB) is an innovative oracle protocol designed with transparency and permissionlessness in mind, aiming to provide essential data services for smart contracts. The current market value is estimated at $190 million, with a single token price of $73.55.
Alethea AI ($ALI) represents a community-driven, secure, reliable and highly adaptable decentralized physical infrastructure (DePIN) designed for tokenized artificial intelligence systems. The current market value is approximately $67 million, and the price per token is only $0.01.
Theta Network ($THETA) provides an L1 DePIN blockchain focused on creating decentralized infrastructure for video, AI, and entertainment applications. The network has a market valuation of $1.5 billion and a single token price of $1.50.
The Graph ($GRT) is a unique indexing protocol that makes it possible to query data from networks such as Ethereum and IPFS, thereby supporting numerous decentralized finance (DeFi) applications and the broader Web3 ecosystem. Its market value is not explicitly given, but the price of a single token is $0.20.
Marlin Protocol ($POND) is an open protocol dedicated to providing high-performance programmable network infrastructure for decentralized finance (DeFi) and Web3. The specific market value and token price information of the protocol are not provided in the text.
Phala Network, an implementation layer of Web3 artificial intelligence technology, is committed to developing AI agents that cannot be tampered with and blocked. Its token PHA is currently trading at $0.0017, with a total market value of $137 million.
The platform provides an innovative solution designed to ensure the security and reliability of artificial intelligence applications. By leveraging blockchain technology, Phala Network is able to ensure that its AI agents remain transparent and immutable during operation.
For investors interested in the cryptocurrency market, following the development of Phala Network and its market performance is an option worth considering.
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