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Despite the huge differences in their fee charge with ETH charging the highest, there is more to look upon that could stand as the reason why it is so., and due to the statistics which I will likely outline shortly, it will be clear why ETH is the higher and better blockchain..
ETH still holds the second highest price on the market, with potential for huge growth of DeFi as the biggest network out of all cryptocurrencies.
Taking a look at the data for Binance Coin, it’s clear that the vast majority of tokens are in Binance-owned wallets. It’s likely that many of the BNB tokens are held in unaffiliated addresses and do not show up on data sites. At present, there are just over 315,000 BNB holders, with the top 100 holders collectively owning just over 95% of the total coins. While the number of holders is significantly lower than what we see with ETH, the even-handed distribution lends to the idea that the community is more democratic overall.
The utility of Ethereum is unrivalled for the most part, outside of direct payments, the Ethereum ecosystem offers a range of utilities. As i mentioned before, ETH supports a variety of DApps, nearly 3000 in fact, as well as supporting gambling and financial systems.
While BNB is divided, offering two main utilities. It provides a centralized finance (CeFi) system, which is it’s central platform, the Binance cryptocurrency exchange. As well as that, BNB has a decentralized finance (DeFi) utility, offering the native token of Binance Smart Chain.
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