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:

▫️ $XVS

  • Protocol: VenusProtocol

  • Description: An AMM and synthetic stablecoin protocol on BNB Chain.

  • Highlight: Leading DeFi dApp with $1.4B TVL.

  • Price: $7.46

  • Market Cap: $119M

▫️ $JUP

  • Protocol: JupiterExch

  • Description: Advanced swap aggregation engine and the biggest DEX on Solana.

  • Highlight: Key part of the Solana ecosystem, driving volume and reducing fees.

  • Price: $1.14

  • Market Cap: $1.5B

▫️ $APX

  • Protocol: APX_Finance

  • Description: Leading DEX for crypto derivatives on BNB and opBNB chains.

  • Highlight: Major focus on opBNB ecosystem.

  • Price: $0.045

  • Market Cap: $20M

▫️ $AMB

  • Protocol: ambientnetwork

  • Description: 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: Berachain

  • Description: 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: helium

  • Description: Decentralized blockchain-powered network for IoT devices.

  • Highlight: A crypto-powered 5G cellular network, top DePIN protocol.

  • Price: $5.38

  • Market Cap: $864M

▫️ $KILO

  • Protocol: KiloEx_perp

  • Description: 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: Rendernetwork

  • Description: Distributed GPU rendering network on Solana blockchain.

  • Highlight: Mentioned as a strong infrastructure protocol for AI.

  • Price: $6.75

  • Market Cap: $2.6B

▫️ $CAKE

  • Protocol: Pancakeswap

  • Description: Decentralized crypto exchange known for low fees and fast transactions.

  • Highlight: Leading DeFi dApp in the Binance ecosystem.

  • Price: $2.0

  • Market Cap: $481M

▫️ $NEAR

  • Protocol: NEARProtocol

  • Description: Layer-one blockchain designed as a community-run cloud computing platform.

  • Highlight: Focused on the Crypto AI sector.

  • Price: $5.86

  • Market Cap: $6.4B

▫️ $DRIFT

  • Protocol: DriftProtocol

  • Description: On-chain perpetual and spot DEX on Solana.

  • Highlight: Set to allow long/short tokens directly on Twitter, aiding crypto adoption.

  • Price: $0.4

  • Market Cap: $73M

▫️ $MET

  • Protocol: MeteoraAG

  • Description: 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_games

  • Description: First Layer 3 solution for AAA gaming on Arbitrum.

  • Highlight: Described as a promising gaming ecosystem.

  • Price: $0.34

  • Market Cap: $95M

▫️ $TNSR

  • Protocol: @tensorfdn

  • Description: Largest NFT marketplace on Solana.

  • Highlight: Promising due to season airdrop model and token performance.

  • Price: $0.5

  • Market 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