On July 16, Binance silently published a comprehensive half-year report focused on the current state of the market and viral narratives. The report outlines Binance's future investments and highlights multiple promising projects. Statistically, 9 out of 10 projects supported by Binance achieve massive returns, often between 10-100x!
Here are the most promising projects from their 160-page report👇
📄 Read the full report here:
Binance Half-Year Report 2024🔍 Key Highlights from the Report:
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$XVS Protocol: VenusProtocolDescription: An AMM and synthetic stablecoin protocol on BNB Chain.Highlight: Leading DeFi dApp with $1.4B TVL.Price: $7.46Market Cap: $119M
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$JUP Protocol: JupiterExchDescription: Advanced swap aggregation engine and the biggest DEX on Solana.Highlight: Key part of the Solana ecosystem, driving volume and reducing fees.Price: $1.14Market Cap: $1.5B
▫️ $APX
Protocol: APX_FinanceDescription: Leading DEX for crypto derivatives on BNB and opBNB chains.Highlight: Major focus on opBNB ecosystem.Price: $0.045Market Cap: $20M
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$AMB Protocol: ambientnetworkDescription: World's largest web3 network for environmental monitoring.Highlight: Backed by Solana Ventures and a promising environmental DePIN protocol.Token: No token yet, but product testing is ongoing for potential rewards.
▫️ $BERA
Protocol: BerachainDescription: EVM-compatible L1 chain built on the Cosmos SDK.Highlight: Frequently mentioned as a standout new L1.Token: No token yet, interact with the latest Bera testnet to get early.
▫️ $HNT
Protocol: heliumDescription: Decentralized blockchain-powered network for IoT devices.Highlight: A crypto-powered 5G cellular network, top DePIN protocol.Price: $5.38Market Cap: $864M
▫️ $KILO
Protocol: KiloEx_perpDescription: Perpetual DEX on BNB and opBNB integrated with LSDfi.Highlight: Incubated by Binance in 2023.Token: No token yet, but you can join their Binance campaign [
Here].
▫️ $RENDER
Protocol: RendernetworkDescription: Distributed GPU rendering network on Solana blockchain.Highlight: Mentioned as a strong infrastructure protocol for AI.Price: $6.75Market Cap: $2.6B
▫️ $CAKE
Protocol: PancakeswapDescription: Decentralized crypto exchange known for low fees and fast transactions.Highlight: Leading DeFi dApp in the Binance ecosystem.Price: $2.0Market Cap: $481M
▫️ $NEAR
Protocol: NEARProtocolDescription: Layer-one blockchain designed as a community-run cloud computing platform.Highlight: Focused on the Crypto AI sector.Price: $5.86Market Cap: $6.4B
▫️ $DRIFT
Protocol: DriftProtocolDescription: On-chain perpetual and spot DEX on Solana.Highlight: Set to allow long/short tokens directly on Twitter, aiding crypto adoption.Price: $0.4Market Cap: $73M
▫️ $MET
Protocol: MeteoraAGDescription: Set of DeFi primitives powering liquidity across Solana.Highlight: Emphasized for trading memecoins directly on the timeline.Token: Potential future rewards by interacting with Meteora liquidity pools.
▫️ $XAI
Protocol: xai_gamesDescription: First Layer 3 solution for AAA gaming on Arbitrum.Highlight: Described as a promising gaming ecosystem.Price: $0.34Market Cap: $95M
▫️ $TNSR
Protocol: @tensorfdnDescription: Largest NFT marketplace on Solana.Highlight: Promising due to season airdrop model and token performance.Price: $0.5Market Cap: $63M
These projects, supported by Binance, showcase significant potential for growth and innovation in the crypto space. Stay informed and consider the opportunities presented by these emerging technologies.
#BinanceReport2024 #BinanceReport