Both TON and BNB appear to be relatively weak in their defense strategies and lack obvious moats.

In contrast, Binance Exchange and Telegram App have built insurmountable barriers with their strong ecosystems and user stickiness. However, these advantages and the performance of their respective tokens should be considered as two independent issues.

BNB performed well in the previous round of market fluctuations, but this round is more like drifting with the tide and failing to stand out. The same is true for TON. The dazzling performance of this round may be unsustainable, and it is difficult to predict whether it can maintain the same momentum in the next round. Looking at the entire cryptocurrency market, the rise and fall of many altcoins, including Ethereum, are often subject to the market environment and their own competitive advantages.

Only those assets that are committed to achieving true decentralization can maintain their unique value and appeal in the long run and become evergreens in the market. $BNB #Toncoin #BNB金铲子挖矿 #TON生态 #RyanSalame #RWA板块涨势强劲