BNB begins to gain momentum

After an 8-month period of oscillation, BNB finally began to gain momentum, successfully breaking the 700 mark. In this season of altcoin frenzy, many established public chains have collectively erupted, and related tokens under SOL have also seen significant gains. Various MEMEs are flying everywhere, but tokens under BNB have yet to show any movement. As BNB begins to rise, the focus should now shift to tokens within the BSC ecosystem.

The rotation of the altcoin sector is about to begin, so which tokens in the BNB track are most likely to see explosive growth?

1. CAKE: The first Swap project of Binance

Speaking of PancakeSwap, many seasoned investors will not be unfamiliar with it. During the last wave of DeFi, CAKE was indeed in the spotlight, being a highly recognized project and also Binance's first Swap project.

PancakeSwap, as a decentralized exchange (DEX) on the BNB chain, stands out with its automated market maker (AMM) model. This model facilitates cryptocurrency trading without a central institution through smart contracts. Unlike traditional markets that interact directly with buyers and sellers, PancakeSwap's AMM model uses liquidity pools for trading.

Recently, PancakeSwap announced the launch of PancakeSwap SpringBoard: a platform that integrates the creation and launch of project tokens, which has gained significant popularity. The CAKE token has received a lot of attention recently, and the CAKE token has also shown very good performance in a short time.

Current trend of CAKE

CAKE has also experienced a long period of bottom washing. Recently, with the PancakeSwap SpringBoard event, it has shown a very noticeable increase. Coupled with BNB's breakthrough and the impact of the Swap itself, the expectation for CAKE's subsequent rise remains very strong. The weekly level has already started to increase, and if it can stabilize above 4.5, the subsequent space will be very promising.

2. BEL: The first LaunchPool project of Binance

LaunchPool has always been the most highly focused sector on Binance, and tokens that can go live on LaunchPool have undergone strict review by Binance. So, do you remember what the first token to go live on Binance LaunchPool was? It was Bella (BEL).

When mentioning Bella Protocol, many new crypto players may not be familiar with it, but in the eyes of seasoned insiders, this is definitely a reputable DeFi project worth attention. Four years ago, Bella was launched as Binance's first new coin mining (LaunchPool) project. This milestone not only established Bella's position in the DeFi field but also showcased its foresight in the industry.

Bella Protocol has received support from many well-known investment institutions, including Binance Labs, Arrington Capital, DWF Labs, Alphabit, and RockX. The participation of these strategic investors not only provides Bella with strong financial support but also offers valuable resources and experience for its market expansion and technological innovation.

Since its establishment in 2020, Bella has been dedicated to simplifying the trading experience for users and optimizing cryptocurrency yields across multiple chains. Its products have been deployed on several blockchain networks, including zkSync, Mantle, Manta Pacific, and Ethereum, aimed at providing users with more convenient and efficient DeFi services.

Currently, Bella Protocol is also introducing DEFI technology into AI technology, solving more problems through AI. On September 24 of this year, Bella Protocol announced its brand redesign and launched a new product, Bella Signal Bot, incorporating AI on Telegram.

Earlier this year, Bella collaborated deeply with Phoenix (PHB), utilizing Phoenix's AI computing layers—SkyNet, AlphaNet, and Hypermatrix—to create customized AI-driven features for its DeFi product suite. Through this collaboration, Bella was able to integrate advanced AI technology into its products, further enhancing user value and expanding market influence.

At its inception, Bella's vision was to liberate DeFi from the circle of elite geeks and developers, serving a broader audience of users. To achieve this goal, Bella focuses on lowering the participation threshold for users, enhancing platform usability, and attracting ordinary users by optimizing the user experience and providing low-cost DeFi services. Its goal is to become the 'BlackRock' of the crypto world, continuously innovating in liquidity mining, yield aggregation, and simplifying user experience.

This brand redesign and the launch of AI products are highly aligned with Bella's consistent mission, aimed at further popularizing DeFi and enabling more people to easily participate in and benefit from the opportunities brought by decentralized finance. This is not only a continuation of its original intention but also a positive push for the future development of the DeFi ecosystem.

Current trend of BEL

BEL has undergone a long period of bottom accumulation, maintaining bottom oscillation from June to November this year. It recently began to rise, and with the breakthrough of BNB and the empowerment of the first listing on Binance LaunchPool, BEL also started to rise rapidly, about to break through the key resistance level of 0.9, and the trading volume is gradually increasing. If it can successfully break through and stabilize above 0.9, the subsequent development space will be very promising.