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Yeah, that's right. BNB has overtaken both DOT and ADA in terms of market capitalization. I think this is largely due to the many projects and users/traders/investors migrating to the Binance Smart Chain.

https://i.ibb.co/1sykZP6/Untitled.png
^ Checking the price reminded me of the time I sold my BNBs at $45 ;D

UPDATE: 3RD NOW
https://i.ibb.co/VHG2KZL/Untitled.png
(taken from CoinGecko)

UPDATE 2: DOT has overtaken BNB for 3RD

UPDATE 3:BNB back to 3RD. F**k with the updates. BNB, DOT, ADA will be interchanging more often. Just check CMC

For the still curious Joe's out there, here are some links if you want to check projects on BSC:

• https://www.defistation.io/projects
• https://www.bsc.news/bsc-projects
• https://bscscan.com/yieldfarms
• https://www.coingecko.com/en?asset_platform_id=binance-smart-chain&view=market

You can use Metamask to access DEXes and DAPPs on BSC (Tutorial (https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain)). Gas fees only at 10 Gwei.

Yep, you are correct, since Ethereum mainnet has been clogged and many investors are complaining, projects might switch to Binance Smart Chain and this could spell doom for Ethereum although it has surpassed and reach their new all time high this year. But if sustainability will be their main stumbling block, then it will be Binance advantage as we have seen it has grown tremendously in the last couple of weeks.

If in the future investors prefer the Binance Smart Chain and with the support of unresolved etherium problems, the chances of BNB's growth could be even higher.

Well, my case is actually a lot worse since I sold my BNB when it as just $5 years ago. Right now, it seems that there is no stopping BNB from claiming the $500 level as more and more are moving to the BSC platform in response to the problems associated with the Ethereum network. Some are even suggesting that one day BNB can be reaching the $1000 zone, almost rivaling that of Ethereum. Hmmm...will it be possible that we can be seeing a rivalry between Ethereum and Binance? That would be an exciting to watch.

I think @OP needs to update his image because BNB now is at number 3, according to Coingecko.

https://i.imgur.com/2NVMYan.png

It is a surprise to us to see BNB can overtake the DOT position, and this year, the position at the market already changes with a good performance from each coin. It will not stop and it will continue and we will see another performance from the other coins. DOT is at number 5, while ADA now is at number 6.

Bnb is now at top 3. This is very good news for BNB holder. This ranking is due to great use of smartchain contract.
Many good projects are working under binance smart chain contract. Cake / Julswap are the top coin which uses binance smart chain.
Price also jumped to 240$+. May be Coins if future

It already surpasses USDT (Tether) in the third spot in the crypto market it very lucky for those BNB coin hodler because their long way is finally benefits them. If the developer of BNB continues to make progressive innovation with their platform and blockchain, I can see a very high potential that it can surpasses ethereum.

This result of BNB progress is very amazing.. Good news to those who still holding their eggs after all the waves that makes BNB struggle like other popular coins in the market.. This will be on top for sure because it keeps climbing nowadays and becomes top 3 so how was that? A very good sign to invest more IMO..

Another day and another pump, this time binance has surpassed 250USD and it's surpassing USDT from the 3rd place of CMC. Binance is the future and the price for each BNB token has a lot of potentials to be the same as ethereum in the future. It will probably touch three digits within few months.
The exchange tokens are so crazy these days caused by it was offering a lot of benefits to its users. So many people are hyping it right now dude.

That's right, I was also surprised when I saw the BNB token was already ranked 3rd on the coinmarketcap by shifting the position of the USDT, DOT and ADA tokens, this was really a very extraordinary surprise from BNB.

BNB is awesome, yesterday it was trying to break the 191-200$ price and I thought it will fall back again, wow this is breath taking movement in crypto space, even the almighty DOT was overtaken lol, the most surprising part is BNB transaction fee isn't affected at all, its still so cheap as always

As for me, there are no difference between BNB and the paper money issued by many unknown countries.

This currency was created to avoid the problem of fees and to provide some of discounts of Binance fees, but it soon turned into pumping/dumping coin.
Binance Smart Chain does not make any promises other than low fees, which will be different soon.
I also believe that all that this company is looking for any way to make a quick profit instead of driving development so it will be central.

With BNB, every time is a new ATH  ;D ;D ;D oooh and BNB is on no. 3 now and I strongly believe this is like the beginning and I agree with you in regards to the many users migration, ETH gass fee is creazy these day, I read a post about someone trying to send soneone a $10 crypto gift and fee was $30  ;D ;D ;D

https://i.imgur.com/xMv1iQH.jpg


Looks like I bought those from you  ;) thoguh bought a bit lower @ $42

That's the main reason and also bsc projects are on every mainstream. Also, just imagine about me who sold out BNB at $15 and now it's just history. But happy to profit out from BSC projects which remove all of my regrets. TBH, more to come into BNB as it's on the same bullish rally which was done back in bearish market of 2019 where BNB didn't follow BTC anymore and pumped according to its way. Only difference is, IEO was hyped in that time and now, BSC DeFi projects are so much hyped in current time.

Its possible to overthrone Ethereum soon. I think now Ethereum team will confuse about switching PoW to PoS.
Because the DeFi community will move to BSC in near time, and if Ethereum switch PoW to PoS, Miner community will leave too.
If that happens, the community of Ethereum then will not as strong as before.

Not as of now but they can still improve in the long run as they continously developing a lot of functions and progress on their exchange. There are times that they exchange lag due to high traffic and this is inevitable given that there are too many users are prefer to trade on Binance spot and even future trading.

BNB currently caters to the needs of many cryptocurrency investors. BNB will become stronger if the familiar problems in Ethereum continue. BNB will be more successful when cryptocurrency investors are more conscious. BNB deserved its current success to the fullest.

At some point, most crypto currencies would be viewed as such, pump/dump coin I mean. If Elon Muck could make a single tweet and BTCs price jumps like hell, BTC can not be regarded as a pump/dump cos i believe I saw some post about that, Is BTC being a pump/dump coin  :D.

 
Any ways, I strongly believe every project will have there moments and what promises they bring to the crypto space and of cause some will fail along the way and others will spring up with similar offering and at the end of the day, Investors still remains the winner.    

Change the thread title to BNB at number 3. How fast was that?

Look! it's already in top 3 and I like seeing BNB at that position. What would I say, well, I will just say congratulations to people who "HODL", you deserve to celebrate now.

https://coinmarketcap.com/
https://i.imgur.com/k9R83Wc.png

I am very glad that BNB is so close to Ethereum, and I hope BNB will soon overtake Ethereum, otherwise the Ethereum developers have become very lazy and they do not want to do anything with expensive transactions and this problem with expensive transactions on the Ethereum blockchain is already appeared a long time ago and now Binance Smart Chain was able to overtake the Ethereum Blockchain in terms of transaction volume, and I am sure that this is just the beginning for Binance Smart Chain.

Honestly, I didn't see it coming, I trust BNB to rise in the long run but not this fast. I can't imagine how people who bought at dip during the last correction would be so happy now, it dumped to $5 and now it's already x50 growth, damn, I wish I see it coming.

Wow I was looking at BNB ever since the early days but I never thought it would hit such a incredible journey. I wish I had held the coins I bought then instead of a quick flip. But I was a noob then. Congrats and party to those who held.

A fine run for BNB, but will they last longer in the ranking ?
BNB's market capitalization continues to increase due to the increasing demand for BNB in ​​the market. I no longer think that low fee are the cause of the BNB price increase but people are trying to maximize profit as long as the market is bullish even when fee are increasing.
I have long believed that BNB has great potential and this trust pays off at an ever-increasing price. Apart from ETH, BNB is one of the token included in my portfolio. Perfect, and happy for those of you who have invested in BNB.

Guess I was wrong about BNB, and yeah I didn't expect Binance Smart Chain so those guys for sure know what they're doing to keep their token running at full speed. Such crazy prices right now if you think about it, though. Surely this all has to crash sooner or later? If BNB was expensive, it's now totally overrated I would say.

This is really very remarkable for BNB coins that can stick to the ethreum previously held by polka dot and ADA, perhaps now many investors have switched to using Binance Smart Chain so that the price is so rapidly increasing, and we expect the price continues to increase and can approach the price of bitcoin even though it is difficult but in the crypto world all can happen.

Binance smart chain is causing the price to bump hard in the last 24 hours, no one expected BNB to reach 3rd position in the marketcap and this is sign of centralization adoption in the cryptocurrency market. BNB is helpful for reducing the fees but which isn't enough to make as one of the best cryptocurrency.

BNB has every reason to grow higher in value because the token belongs to binance exchange and as a matter of fact presently there is no any other exchange that is far better than binance exchange, their customer services is very good and can't be compared to any other exchanges, now I'm expecting $300 more per BNB token, the project deserves it

yes, surprise came to the BNB coin. I also didn't think that BNB can pump more than the previous price and has even taken over the DOT position according to CMC market cap. and it looks like BNB is really ethereum's toughest competitor. Since the cost of eth gas is expensive, investors are now turning to investing BNB or making transactions using the BSC platform.

I am guessing that this is happening because Uniswap users are running to Pancakeswap. If ETH doesn't scale quickly this could really hurt them in terms of Uniswap adoption.

It is a surprise to me as BNB can beat USDT, DOT, and ADA, especially XRP, which is high. But now, we already saw what BNB did, and that coin is in the 3rd position. I am happy to see this and I already sold some BNB that I hold from a long time ago, and I still have more BNB that will wait for the next high price. I am sure that the price can increase more than today, but we need to calm down and wait for more. BNB will increase more in the next weeks.

That is indeed amazing performance from bnb coin and it has really shocked many bnb critics because no one expected that its value will increase so quickly. Looks like bnb will continue with the bullish momentum and can lead the market with the big movement.

I don't think so. Binance has been building very good fundamental since a long time ago started from its successful centralized exchange site that makes a lot of profit for the binance company. Binance was also doing various expansion like investing in FTX, Jex and many more new platforms that have been getting funded by binance.
That's why it's quite difficult for BNB to crash again. it will remain stable

I believe BNB will grow, but today price is still beyond my prediction, what CZ doing for developing BNB is amazing, and i think Binance and BNB will grow more and more in future

All the credits goes to ETH and its higher transaction charges and many users are tired of paying huge amount of money for every transaction but the sad part is that i was holding a few coins in the past and i sold when it crossed around $140 and i did not expect the price keeping on rallying and it looks like we will see further rally. With these changes i would like to see ETH going down ;D.

Did Mask tweet about BNB?  :)
What a sudden jump in prices for this coin. It's amazing. What predictions can you make on BNB before the end of the alt-season or bullrun? 500$? 1000$?
If BNB is not transfered from ETH address into BNB mainnet, are they irretrievably lost?

Considering how much Coinbase was estimated at, Binance still has the potential to grow several times! Another question is that the network sometimes cannot withstand the load and does not work. If there is a load like on Ethereum, then everything will definitely freeze ...

You mean musk?

For me I $100 is quite  max price already, but here we are now, just reach $200 and now already at $300.
As I search on some news, there's no Elon Musk in relation to the pump of BNB, it just happened because BNB is a popular coin of the most popular exchange.

The BNB coin became popular not yesterday and not today, but it was during these last 2 days that the value of the coin increased by 200%. There hasn't been any positive news about this coin in recent days, so I don't understand this incredible rise in the price of BNB. Perhaps this price increase is due to the growing popularity of Binance Smart Chain.

no wonder BNB reached this point. I honestly really believe that BNB can reach this point, and I also believe that the best coin after ethereum is currently BNB. however, the developments will continue to this day. in fact, the last time I saw it, the current BNB increase was $ 327 from $ 300. I suspect development could be over $ 350.

For those who are still curious to the recent price surge, you can take a look at the Total Value Locked (TVL) in BSC's Defi ecosystem
https://i.ibb.co/LgYgGWp/Untitled.png
source (https://www.defistation.io/)
^ Not that It needs to be said but you need BNB to use BSC ;D

Now, let's take a look at Ethereum's Defi ecosystem
https://i.ibb.co/CV35g28/Untitled.png

• Locked ETH - 7.74 Million (from 7.79 in the last 10D)
• Locked BTC/WBTC - 48.8K (from 52.2K in the last 10D)

source (https://defipulse.com/)

^ As you can see, there was a tiny drop in TVL the past days. Those who moved to BSC are probably shark traders/investors while whales remained at Ethereum.

Just by comparing the two, I felt more bullish on BNB ;D That's $42 billion compared to $11 billion. There's still a lot of room to grow,

This is just the start. As people starts realizing BSC is a better network that gets the job done, they'd keep moving to it. As BNB is now being seen as the direct competitor to ETH, it also depends on how ETH moves. The slower and costly the ETH network is, the faster would BNB grow.

now, this is a challenge for eth to move faster with their eth 2.0. otherwise, they will be left behind by the BSC network. binance is very aggressive with what they are developing and they are delivering it to the community.
now, waiting when will eth network will make a very good announcement to the community. but right now, BSC is gaining attention and maybe some developers are already building their projects under this network, which is not surprising at all.

I have told many times about the coin that has a good function or real function will be much choosed by most people. As we now, BNB is binance exchange coin that has been trusted by most people who own crypto currency. Yeah,  think 55% crypto user will store and trade in binance exchange.

This is why that will make binance coin can growth and even taking the third place on the top crypto curreny price/market cap. To be honest, when ETH is increasing a lot and its impact to the fee per transaction I never use ETH blockchain anymore to sending my asset. I only use binance smart chain that still has a low fee transaction and also fast to proccess one transaction.

This should be a wake up call for them, otherwise they will loss investors and BNB will become their great competitor, and looking at Binance, they have a great advantage as they own an exchange that people trusted, so let's see what's gonna happen moving forward.

And not a surprise anymore if we get to see BNB will overcome the current locked in value in Ethereum. That's just how it goes. The advantage is always with the bigger investors or the whales that we call. But for those who have been with BNB before this bull run, you'll appreciate the project more this time.
Are there new BNB millionaires this time? we've got many Bitcoin and Ethereum millionaires though so it's kind a new achievement.

The bulls are stronger than ever on BNB charts and the price soar will not stop until the BNB hits $1000, IMHO. The BTC can go as high as $100k and BNB traders will take this opportunity for riding BNB to $1000. The Binance smart chain and its second to none features will add more value on top of the BNB, so nothing can stop Binance coin from reaching new higher high price points. The Binance Launcpad will boost the current bull trend on BNB markets but it is still early to buy the BNB if there are no new listed projects on launchpad.

can BNB overtake Ethereum on this year ??
I think it's difficult, because ETH does not have a maximum supply, there is no limit to the cryptocurrency Ethereum, the supply increases every year.
Unlike BNB which has a max supply of 170,532,785 BNB and 154,532,785 BNB in circulating.
So BNB price has to reach - + 2000 $ to overtake ethereum.

With the current market status of BNB now, I'm pretty sure that there are many BNB millionaires right now that just keep gaining and gaining like what Bitcoin and Ethereum whales are doing right now. It's a surprise that BNB gained so much in value over a year and making it to the TOP 3 of CMC. Believers think that it will become the next ETH but I think there's more about it because BNB just keeps growing.

I agree with you, because now it seems like everyone is starting to be interested to investing in altcoin binance smartchain because the transaction fees on Binance blockchain are very low when compared to Ethereum, then Binance also has a very popular project which is Binance exchange, because Binance exchange is one of the biggest exchange at the moment and has a very high volume, thus making people more believe and easy to know about the project from Binance, therefore I believe Binance smart chain will be very popular in the future and even more popular than Ethereum if gas fees from Ethereum are still expensive.

The most plausible reason why BNB suddenly rose to rank 3 now is that Binance Smart Chain has started to attract many projects and investors.
I had predicted that BNB would be a good altcoin for investment, and my guess was correct. What makes me very surprised is that BNB is able to
pass the USDT which has long been in the number 3 position. If BNB pass Cardano and Polkadot I am not surprised, but passing the USDT is
a very good achievement.

Their goal is to surpass eth but seeing its total marketcap, binance is just 25% of the ethereum's marketcap so it's still a long a way to go for bnb to get in the top2 spot. But knowing the people behind bnb and its binance smart chain which has very low fees and fast transaction compared to ethereum network it's really possible for them to take the number 2 spot. The question now is what would be the price of bnb when that happens and seeing the price that increased very fast when it's possible to happen.

This is interesting, ethereum for a long time it did not had competitors that were as powerful as it is and it could get away with the high fees simply because project developers did not had an option but now they have a huge competitor in binance that is going nowhere and I will not be surprised if it could eventually take ethereum’s place as the second biggest coin in the market, it is still far away and it will need to make a 4x from its current price but the potential for such movement is finally there.

It's easy for binance to surpass such rate. Binance was growing from $50 to the $330 in less than a month dude. The bitcoin bullish trend is still happening or this will  be last forever as more adoption will be coming soon
So many countries started to consider bitcoin as a potential thing and this will give a very good impact to the ethereum too.
There are lots of factors why binance could even reach 1k rate in the future.
So many people have been discussing about this thing and binance was still regularly burning the binance coin. The fact that if binance is a very good coin atm.

On the contrary, it makes BNB more valuation as they also burned tokens making the supple go down. And we all know that everything here is based on the basic economic principle of supply and demand. So the bigger the demand in the market for BNB, the higher it will go in price.

So a $1k or even $2k price of BNB can be achieved this year specially in a bull run that we are seeing, super fast rally that no one knows what is the top price.

Not just you mate, there was a time I felt bnb at $30 was over bought, so I had to panicked and sold mine, bnb took the whole crypto market by surprise, I guess the demand for bnb increased shortly after project running on Ethereum started migrating over to binance smart chain (BSC) due to the insane gas fee on eth network, if the problem with eth gas fees isn't fixed soon bnb might just over it also, at least no insane gas fee on Binance Smart Chain.

since the bullrun rally, BNB marketcap has increased rapidly, it is certain that the ranking on coinmarketcap will increase. This is a positive sentiment for BNB that the coin is in great demand by the community. Will the BNB return to $ 30? Who knows.

Observing the activity of bnb this past few weeks, it grows insanely +700%. $30 is now impossible if correction happens. There are locked bnb in staking so its not yet easy to say that it will dump. After all this has been predicted to challenge eth.

It's possible Binance coin will have a good showing in the market this year, it's not really surprising they are the leader and all-new coins want to get in here and they are the most preferred by traders, Ethereum is now receiving a lot of fo complaints on their gas fees, they are looking for a better choice and BNB is a good option, if ever Ripple makes a rally I don't think they can surpass Binance.

We are in a bull run now yes but what made BNB's price surge even higher is the fact that they created Binance Smart Chain. That is the big catalyst into why they are on the top 3 right now.

With Ethereum getting clogged right now and with the transaction fees of it at its peak (even higher than Bitcoin at some point), most of the new DeFi apps will choose to create under Binance Smart Chain rather than in Ethereum. Add also the fact that they will be listed automatically on the exchange. The fees are relatively lower in Binance compare to ETH (IIRC, it is only 10 Gwei).

I saw BNB at its lowest price at $18 but unfortunately I didn't bought at that time because of lack of funds.

Observing the activity of bnb this past few weeks, it grows insanely +700%. $30 is now impossible if correction happens. There are locked bnb in staking so its not yet easy to say that it will dump. After all this has been predicted to challenge eth.
[/quote]Agreed, especially more and more BNB goes to the swap service which has been creating liquidity pool for the binance holders and the binance coin will impossible to be dumped to the bottom again.
The problem is another ethereum killers offering less benefits compared with binance chain. Binance was only getting predicted to be a common exchange token but it was getting changed when CZ was introducing the binance chain.
I remember the first version if binance chain is failed to attract people to migrate from ethereum to the binance chain but so many improvements happened.

It is unbelievable how the price of BNB keeps increasing and I suspect that people have put in mind that BNB can follow the same steps as ETH and have a very high price and with this type of thinking people do not stop buying in an unbridled way but the question will be:

when the price is corrected how many people will be able to leave the boat in time so that they have no losses?

on the charts I can't even see where the support is for people to put Stop - Loss:

https://i.imgur.com/qUt6SNu.png

if the bitcoin price has any correction, it will be a major disaster for altcoins, I hope each person has his profit target and is able to put stop - loss to avoid big losses

I did not anticipate it growing this fast. I know ETH has it's problems with high gas fees and scalability. Binance Smart Chain has emerged as a credible alternative and they have billions of dollars to promote their network and attract developers.

Binance smart chain really make the value of bnb token explode, i feel like it's going to follow eth footstep with how it is going right now. ETH network is so congested and the transaction fee is really high right now so a lot of people move to binance smart chain which increase the value of bnb. Don't know how low will the price get when correction happen but hey it's still bullmarket and the market is irrational. So glad that i still have my bnb when it's usecase just to lower the transaction fee on the exchange itself.

There's some rumour going arond about the possibility of the current bullrun as a result of manipulation but that's just a rumour I guess before the proof shown.
BNB, is good alternative for the current crazy eth blockchain maybe that's the main reason where most of the demands come but I believe that binance platform is also behind this pump somehow.

Yes, it was a great celebration to those who still hold their coins through out the low price of BNB over some years. I nearly sold my coins when the price of BNB was closed to 6 position, that make many investors to sold their coins hoping that the price of BNB will never get to third position.

Am still holding my coins because I know that what happened to bitcoin, when the price hit $50k few weeks ago is about to happen to BNB price. With some signs BNB is developing right now by getting to third position show that the price of BNB will reach $100k before the end of this year.

i think fixed supply is an advantage over unlimited supply because coins with fixed supply can grow more in price .
bnb is undervalue or has a lesser value today compare to eth but there is a possibility that it can grow big in the future and etherium supply is not really unlimited i guess but it was unknown but if its bigger than bnb , bnb can take over against it in terms of price increase . if eth didnt fixed its gas issues why will people transfer to bnb when i think there are coins that are better than bnb that can work simillarly like eth

I wish I had time to thoroughly do more research and see more coming to Binance, I wouldn't have sold my bnb at penny price.
It happened last year, I bought 69bnb at $17 around January, the market shoot to $26 but I was confident and never sold.
Civid19 fear around the globe crashed the market and out of panic and fear, I sold everything at price lower than my purchase price. It was painful doing that then and the worst is now that bnb has become a gold.
Binance has achieved a lot within the short period, the smart chain is one of my favorite components of Binance development. I hope the network don't become congested as Ethereum since it's still small compare to Ethereum.

That's right, the prices and market capitalization of tokens in the Binance Smart Chain (BSC) ecosystem are thriving.

One of the main reasons can be considered the constant increase in fees for Ethereum transactions. And low fees are attracting more and more projects and consumers. This is also seen in the fact that BSC is ahead of Ethereum in daily transactions.

When Ripple overtake Ethereum people expect that Ethereum will eventually get back the position yes Ethereum has done it, but now that Binance coin is on the third spot just behind Ethereum, they will pose a big challenge to Ethereum position I prefer Binance over Ripple to challenge vie for the second spot in the market.

Cryptocurrencies Cardano (ADA) and Polkadot (DOT) surge double-digit percentages. Cardano and Polkadot logged big gains for speculators and investors over the weekend amidst greater retail interest and improving fundamentals. Cardano (ADA) and Polkadot (DOT) are now fourth- and fifth-most valued crypto assets, respectively, after they both surpassed XRP in market capitalization earlier Monday. That’s due to the recent rally in decentralized finance (DeFi) and the increased cost of using the Ethereum blockchain.


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Will this give a thread to ETH that BNB might soon overtake its spot?

Their circulating supply is not that far in difference so at least BNB can get close to the price of ETH if the demand for BNB will increase overtime, or it's also possible that it's only due to the bull run and once the bull run is over, we will see which is stronger, ETH or BNB.

I hope the BNB price increase is not just an escape but because BNB is a real altcoin and has such a huge potential, I mean for now, most of the erc20 coin holders are complaining about ridiculous transaction fees using the ethereum Platform including myself. or it seems that today's traders prefer to switch to Binance's proprietary platform. but I believe the increase in BNB for various reasons, especially following the increasing trend of BTC and one more thing that the price of BNB in the last week has increased quite significantly.

Who knows, BNB can have that opportunity this year. If that can happen, we will see BNB can beat ethereum, and after that, the market position will change and maybe people will try to invest in BNB in a large amount. But for me, no matter if BNB or ethereum is on the number 3 and 4, as long as I can take profit from both coins, I will use it and try to buy low and sell high, and keep for some amount for a long time. Maybe BNB will get another rally after this weekend so that the price can break the high price.

Coin ranking probably won't be of any use to those hoping to only profit from the BNB price hike. Many people will probably think the same way you think. As long as they make a profit, it doesn't matter how good the ranking is.
The BSC is expected to replace Ethereum's heyday as the incumbent in terms of the growth of many altcoin project. But I think these are just the beginning for BSC, they should be tested and have the control to filter out potentially deceptive project. But Ethereum still doesn't fail, they will try and commit to continue to be the top choice of altcoin project developer. But transaction fee are still an issue for ethereum, which will be a priority to resolve.

That's the point, binance smartchain can cover many ethereum shortcomings. this is making more investors turn to binance. moreover, in binance the growth will be very fast and scam projects can be minimized

yep. as of now there are massive transactions going on in binance smart chain, but I noticed that the fee also now rises because of the pump of bnb.

There are more to come for bnb as the projects that will enter are lining up, migrating from eth.

Just a minor dump have been witnessed on BNB in the last 24 hours, as it dip 10% or more already. While Ethereum goes to another all time high and tops $2k for the first time. So as far as the price goes, Ethereum is the winner. But BNB is slowly eating Ethereum shares on the market per project because the fees is cheap as compare to Ethereum, so this is the critical path for both coins. If Ethereum can't solved it and BNB is offering alternative then we might see some flippening in the next 5 - 12 months in favor of BSC.

Yeah, probably there are many of them. Those who have bought from under $50, they could be the richest this time and if they've been an avid user and investor of Binance token and exchange.
I'm also surprised to see that with Binance Coin but it's noticeable because of its progress. Can't say anything against those who think it will be next to ETH because that can be a fact today.

The BNB coin pump was really awesome just a moment ago. And it immediately entered 3rd place on Coin Market Cap. What the CEO of Binance said had a huge impact on this progress. Yes, this could be going on forever or just a temporary pump. but considering how utility BNB is and how professional and stringent their team is, I am sure that this coin will continue to increase. Although we shouldn't be too involved in this FOMO, still prioritize research before entering high numbers, and then the price will be corrected.

Nothing is impossible since BNB continues to grow and they keep introducing new things to all of us. Their new Binance Smart Chain is the ETH killer so we have a chance to go on top if the bull continues to happen. Although corrections are happening right now, I still believe that the price will continue to rise after this and we might still see its new all time high.

This is surely an temporary pump, no coin has pump forever or pump longer, even bitcoin have has bear period, so more with altcoins. Actually we've seen a major dump today, BNB is down 20% today, hopefully it will not be a start of a long dump. Of all the coins in the top 5, only BNB have dump.

I wouldn't go that far yet but, yeah, BSC is the ETH fees killer.

BNB has dropped backed to fourth after that 20% decrease in the last 24 hours.

Everyone's expecting a price dump after it went past $200 and then $300. A 4X in the last 14 days isn't that bad ;)

That depends on the ethereum, i remember in the next months ethereum will have another hardfork to improve the scalability of ethereum blockchain and if this goes successfully and then the demand will be going back again to the ethereum and people will be moving from binance to use ethereum again. Binance was getting momentum due to the non sense fees on ethereum blockchain. We can determine that after we will be seeing the result from the hardfork.

Some maybe have took profit already, but this is a healthy correction during the bull run, as long as not the entire market will dump, it's still good to invest with BNB, just be smart with the timing, always buy at dip.

BNB started to experience correction after the pump was high enough, but we have to appreciate the performance of BNB which can go up so far.
But I am sure that the correction that occurs at BNB will not take too long,  because BNB has succeeded in attracting the interest of several investors
to invest in BNB. I am sure that in the near future the price of BNB will rise again, so take advantage of the correction as an opportunity to buy BNB.
Don't regret not buying BNB at current prices. Because according to the results of my analysis, BNB will recover soon.

The solution already proposed but it's not getting accepted by the miners and this will become the big problem that will be faced by ethereum users. Im thinking about there will be more companies that used ethereum that will be moving to the BSC or Polkadot due to the high gas fees that make the small traders can't afford it.
This problem already happened since a few years ago.

BNB back to 3RD.

F**k with the updates. BNB, DOT, ADA, and even USDT will be interchanging more often because their market caps are just too close to each other. A pullback or a pump from one coin will change the ranking again (just check CMC or Coingecko).

Let's stick to the reasons behind price surge and decline.

Yah, that's right about the many projects now moving to BSC and this has given rise to its price surge. The position thing will keep fluctuating until BNB takes the second position, next to Bitcoin. Just mark my word on this. Transaction fees are cheap on BSC, almost next to nothing and not the cut throat extortion that goes on on ETH with gas fees. And it's very swift on delivery. I'm loving this since I started using BSC on my wallet a few days ago.

I use Trust wallet and the experience is smooth. I just bought some YPanda through the BSC and it was real quick.

The reality is that pancakeswap actually moved above uniswap which tells you all you need to know about the permanent situation. Sure if uniswap and eth manages to find a way to make the transactions and moves under 4-5 dollars they could still go up and become a lot bigger, but until that happens BSC is the new king and BNB is doing so fine that eventually it coin pass ethereum as well.

It is not going to be simple, price of BNB needs to be 1.5k without ETH going up and that is not simple and it is still possible but will not happen in a few days. Which means we are on path to have BNB as the second biggest coin eventually (as long as what is going on right now is sustained) but it is going to be a lot of months for something like that could happen which means ETH has a chance to actually drop their fee if they can, if they fail they will drop to third, if they manage to drop it, then they will stay at second.

Right now that is the biggest advantage of binance, unlike ethereum which is a network binance is a private business so they can do everything they can to promote their project and the fact the fees were so high in order to move your ethereum while the fees of the binance smart chain are so low this can only mean that newer projects have almost no option but to go with them, and if we add that those projects will be listed almost immediately in one of the best exchanges that we have then this is making binance incredibly attractive in the eyes of many developers.

Was able to take advantage of this and traded BNB in the past days as it gets high. I am not sure if I will be holding BNB for a long term trade because a lot of people are also saying that it is just part of the hype as people are now starting to come in to the Crypto market and Binance is one of the biggest exchanges that they chose. But seeing BNB, it still has the potential to grow even better and even reach the level of Eth. I'll keep on monitoring the growth of this alt and continue and trading from it.

it's 3rd again now, just take a look at the volume of BNB, it's keep increasing day by day, i really think that this coin can reach 2nd soon and beat ETH, we can just wait and see, because the price of BNB itself is quite stable, even though yesterday not a good day, still, it can rebound and bounce back again as per today.

It is not going to be soon as it needs to grow 300% and ethereum is not going to remain static during that time, however the potential is there, it seems many new developers instead of creating their coins in the ethereum network are deciding to jump to the binance network since it offers them many advantages over ethereum, but the problem is that as binance is a centralized business it could always disappear overnight if a government decides to raid their installations, something that is not possible to do against ethereum.

BNB already replaced by ADA and ADA hardfork has been making this coin grows a lot today. it seems like the current MCAP of ADA will be quite difficult to be surpassed by binance again soon.
I do believe if we will see a very strict competition between ADA and BNB to get the 3rd place on CMC.
It's too far to predict if BNB will be surpassing ethereum. It must get the third position.

People are starting leaving from BNB and they move to the ADA. There's a big update on ADA.

They'll have their time, now it's ADA's time to shine.

While most of the coins are dumping, ADA move in the opposite direction, I never thought ADA would go this far this short period of time, I guess this is what we called an altcoin season where some big market altcoins are pumping like they do in the past.

Yeah,  I can't believe that BNB increases this fast, it is really incredible that people are moving to BSC and other famous ones, I feel lucky that I got in a bit before any of this started, and a bit unlucky because I used some percentage of BNB to invest into BSC stuff instead. I had the right idea but used it wrong, I assumed that since ETH was so expensive and it was closing to near impossible levels to trade there, people would move to BSC and trade there, so I moved all my money into BSC instead of keeping it at ETH, that was the good move.

But, I assumed the places I invest into would make me a lot more money and invested that BNB into defi projects, which did made some profits but not a whole lot, and now that BNB price is so much more, I could have made 5x more money if I stayed in BNB. In any case, I am quite happy that BNB is getting the attention it deserves, people spend 1 dollar for things ETH charges 100 bucks for.

only ethereum wall have to be beat maybe someday binance will take bitcoin crown as number 1 cryptocurrency, for now binance was the answer from all people that complaining with very expensive gas fee from ethereum
and with binance smart chain all great project will use it and lot of people wiil left ethereum and binance will beat ethereum as soon as possible

Yeah, looks like the marketcap of BNB and Ethereum are slowly eaten by ADA. Still BNB is way far ahead than BNB and will likely surpassed 3rd place again when the quarterly burning of coins commmence and another update of Binance that will gain more benefits by hodling BNB.

I believe BNB deserves the 3rd position more than any other tokens on your list, tell me what use case DOT and ADA have at the present and I can name 10 or more for BNB, the only issue people are pointing out about BNB is centralisation but people forgot that Ethereum did hard fork to save their project sometimes ago but see where it is today. I doubt ADA will gain any traction but DOT is very promising but they need to first deliver something

True, some coins in the top has a great potential but they have not delivered yet like what Binance has delivered already.
People trusted BNB because their development is very transparent, and anyone who are using and following their platform would know that.

However, we can't also blame if people will invest on other projects since we are in a speculative market, people love to speculate the future of a certain coin and then invest on it if they see a positive sign.

BNB has indeed grown at a very good price this time. If the gas fee for ethereum continues to be as expensive as it is now, perhaps Binance Smart Chain
solves solve this problem. And as BNB price increases continue to skyrocket, many projects have looked at Binance Smart Chain.
It is possible that Binance Smart Chain will also be one competitor for ethereum smart contracts.

That is a problem with a great deal of the coins on the market, they make promises and you think you are in the presence of a project that will change this market forever but then it takes forever for the developers to deliver on any of their promises, and yet despite all of this we have seen many coins get to the top spots of this market with that strategy, the binance coin deserves to be on the 3rd or 4th spot for now but it is going to take a lot of time before it can challenge ethereum as the second best coin int the market.

The fact that some projects are beginning to migrate to Binnace Chain Network means it is already a competition for ethereum and I see this continuing for some time if the Ethereun network does not fix the issue of this high gas fee which is driving everyone crazy. I read this tweet some hours ago "Bankroll Network on Binance Smart Chain " https://twitter.com/ante_hero/status/1367168301542105100?s=20 and I believe there are some others like this too.

The BNB rating is slowly increasing and that is a good progress as I have seen many new projects on the BSC network.

I think the longer BNB's ranking will soon go up to 2 if ethereum can't solve the problem it is currently facing (heavy transaction traffic on the ether blockchain makes shipping costs more expensive)