#BSCOnTheRise

The potential of Binance Smart Chain (BSC) by the end of 2024 may continue to grow strongly thanks to factors such as the increase in DeFi applications, the popularity of BSC tokens, and compatibility with major platforms like Ethereum. Here are some factors that could help BSC thrive in the near future:

1. DeFi and dApp growth: BSC remains a superior platform for decentralized applications (dApp) and decentralized finance (DeFi). Platforms like PancakeSwap and Venus have attracted millions of users and will continue to drive the development of BSC .

2. The development of tokens on BSC: With the launch of new tokens and the increase in transactions, BSC can continue to prove its strength in the blockchain ecosystem. In particular, tokens and NFTs will continue to be deployed on this platform .

3. Low transaction costs and fast speeds: One of the important factors contributing to BSC's growth is low transaction costs and fast processing speeds, which continue to make it an attractive choice for developers and investors .

However, as with any trend in the blockchain space, the development of BSC also needs to face challenges from competing platforms and the volatility of the cryptocurrency market.