Can Binance beat Ethereum

[fib123]

Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain.

But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200.

Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day.

Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry.

We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team.

• Binance Exchange
• Binance DEX
• Binance Chain
• Binance Fiat services
• Binance Launchpad
• Having giant partners

Binance acquire Trust Wallet, WazirX Indian Market.

Binance coin will make history buy using like these above mentioned features and many more.

I think someday BNB will beat ETH, What you Think

[shinratensei_]

I don't think so and it's too fast to think about that. I do agree if binance has a solid product but that will become a long time journey to make it happen. Binance must make worldwide adoption to its product and it can't be done shortly.
I just try to put the main concern into the hype that already got by binance IEO and that pumps the price of binance coin drastically.
Ethereum is a public opensource blockchain while binance is not an open public blockchain which will be much more difficult to be adopted.

It has a chance but not for this time.

[fib123]

Ethereum is a public opensource blockchain while binance is not an open public blockchain which will be much more difficult to be adopted.

It has a chance but not for this time.

Agreed with this concern Binance is be like some centralized, here is also IEO and new listing matters if they will consult on merit then its will not hurt their market impact otherwise story can be different.

[livingfree]

I'm more of ETH holder than BNB but everything is possible in altcoins market. We see the rally of XRP and ETH before so we might even see the rival of BNB and ETH.

But with the aim of beating ETH, this will not be easy for BNB. They need to work it out to surpass ETH's current market cap.

[Doranile432]

They are both nice projects, I will rather hold both than trying to pick which one is better between the two, One can do better than the other but who cares? making profit out of them is all that matters since they are both top altcoins not who is better

[Dondeon]

It is a tall dream if I may say, bnb taking over ethereum may never happened. The best that could happened is bnb closing on ethereum.

[cytpoway121]

It is true that binance does have many products but you cannot compare it to etherum blockchain.

Binance does have a functional dex that mooned tokens for a while, but it does not take away the facts that etherum blockchain and its superiority is one binance cannot match.

[cryptoaddictchie]

I dont comparing the two of my favorites coins to beat one another they have their own perks and as you mentioned binance capabilities is already an advantage but not towards eth but on their same competitors. I am confident that Binance will likely to rise as their platform never stops producing quality activities that people got into it.

I did participate on Binance Launchpad for WazirX and just unfortunate. I feel luck is just out of hands for now seeing WRX traded and increase more than 5x today. Anyway, the answer is no! Compare market cap many projects below eth still far from binance so definitely not this time.

[BlackFor3st]

Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain.

But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200.

Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day.

Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry.

We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team.

• Binance Exchange
• Binance DEX
• Binance Chain
• Binance Fiat services
• Binance Launchpad
• Having giant partners

Binance acquire Trust Wallet, WazirX Indian Market.

Binance coin will make history buy using like these above mentioned features and many more.

I think someday BNB will beat ETH, What you Think

Binance will need to beat the top 3 to top 8 first as Binance is currently at top 9 base on coinmarketcap rankings. Before Binance can beat Ethereum it will need first an additional 21,000,000,000$ market capital base on their current standings.

I cannot disagree with your statement, Binance is one of the biggest and popular exchange out there because of their outstanding performance or service to their customers but right now what they need is to focus more on their marketing side. They should level up their marketing side as it is the only way to maximize their investors and the increase their market cap/price.

[leowonderful]

I'm not a fan of this comparison either; both of the coins have different uses completely though they do overlap in some regions, and Ethereum is notably usually used for smart contracts and for tokens and ICOs, while BNB's mainly still used on Binance's various platforms and especially its exchange because I recall it lowers your trading fees if you pay for them in BNB.

It also depends what metric you're measuring by how 'big' something gets. Are you basing things on market cap, something else or a combination of several metrics?

[terizla]

This is difficult Binance can beat Ethereum. Ethereum is more popular.
Most of crypto project use Ethereum platform to create their tokens.
Most new crypto when listed in market always accept convert to BTC and ETH.
Most of ICO/IEO always accept BTC and ETH.

[kevinzxz]

I think it is very difficult to happen, because Ethereum is a well-known smart contract project and many companies have used Ethereum project, while Binance is only the biggest exchange project, so it is very difficult for Binance to defeat Ethereum, although someday Binance will making smart contract project but I'm sure people will trust to use project from Ethereum rather than Binance, so in my opinion it's very difficult for Binance to defeat Ethereum.

[fortunecrypto]

Binance coin was hit to Coinmarketcap around 25 Jul, 2017. At the time BNB was trading nearly $0.10 with 10 Mln USD market cap, trading at its own Exchange Binance. whereas at the same time Ethereum was trading around $225 per Eth, having more than 21 Bln USDT Marketcap. Later on Ethereum Blockchain was well in business and marke its all time high price $1368 per coin and its market was cap was above 132 bln usd. This time was early 2018 and all market was at its peak. People were expecting about Ethereum will soon overtake Bitcoin and this all was due to Ethereum Blockchain adoption for new ICOs launching with the help of smart contract of Ethereum Blockchain.

But this all was slowdown gradully due to fake ICOs. With all this happening entire market was in downtrend which is still continue. Where this was badly effect whole crypto market but Ethereum was also in correction and this was lead its value to the agin under $200.

Now here is the other story of Binance. In the same time Binance was in serious busniess and its addoption was over the Moon. So, Binance was in race of becoming World No.1 Exchacge by beating Bittrex and it done the job, the other side its Binance coin was making business day by day.

Binance management very smartly engaging its native coine into miltiple purpose and make it one of the best cryptocurrency in Bolckchain Industry.

We all well aware how last year Binace utlise its Exchange and develop their Binace coin market. Here i want to mention some core businesses operating by Binance Team.

• Binance Exchange
• Binance DEX
• Binance Chain
• Binance Fiat services
• Binance Launchpad
• Having giant partners

Binance acquire Trust Wallet, WazirX Indian Market.

Binance coin will make history buy using like these above mentioned features and many more.

I think someday BNB will beat ETH, What you Think

That's possible but Ethereum is in a competition also they know that if they do not comes out new platform and updates those who are following them in the position in the market are more likely to overtake them, right now I don't think Ethereum is thinking about Binance coin, they are more thinking about XRP because at one time they were overtake by XRP.

[antsam]

When Binance becomes a giant, this is the fear of many people, because there will be a market monopoly that will damage and make the system unhealthy. It is not wrong that Binance intends to develop more rapidly, but when a monopoly occurs it is not healthy

[fib123]

This is difficult Binance can beat Ethereum. Ethereum is more popular.
Most of crypto project use Ethereum platform to create their tokens.
Most new crypto when listed in market always accept convert to BTC and ETH.
Most of ICO/IEO always accept BTC and ETH.

Yes it is true Most of crypto project running on  Ethereum Blockchain and almost upcoming ICO/IEO preferred BTC and ETH. But here is Etherum plateform need to reform its setup, it should must needed to filter new generated coins rather it is a genion client or a scam group.

[bgaf]

I think they almost try to overthrown ethereum network before when they release their Binance chain and as you can see a lots of projects have been interested to transfer from eth network to binance chain. But now, that dream has become nuisance. Only few project now are interested with it, maybe some regret to leave eth smart contract at all. What is the benefit on binance chain anyway? The only thing I can see binancr famous about is their great launchpad and huge volume of trades. For some, we could view Binance as powerful exchange for cryptocurrency but comparing it to a pioneered smart contract provider which really change the altcoin lives is totally far from its greatness.

Maybe near ethereum marketcap but beating them maybe need some few years or maybe never.

[mahilchii]

It's not so easy to beat ETH in a real quick time, because binance is not dApp platform which doesn't entertain smart contracts. eth can use many more new techniques to dominate it's position, even the binance CEO stated the Same last year like ETH can do more than binance which means it is more powerful and popular coin without any doubt, Am not saying binance cannot beat ETH my point is it will more time to dominate it's position.

[slaman29]

Well, if you read between the lines of OP, then you can also somewhat blame Binance for some of the bear run. They didn't promote ICOs, but they certainly did their fair share of IEOs, and not to mention all those listing fee drama that they denied (but we all know is true come on). And then how they did all the BNB campaigns to sort of promote wash trading.

Even with all that it couldn't beat ETH.

[bryant.coleman]

Binance is dependent on Changpeng Zhao much more than Ethereum is dependent on Vitalik Buterin. Ethereum will survive even without Buterin, but the same can't be said about Binance Coin and the exchange. Ethereum has been in existence for more than 6 years now and a lot many of the bugs and issues have been fixed by the developers. Compared to that the Binance Coin (BNB) is relatively young and we are yet to notice many of its potential security issues and flaws. It will take a few years more to mature.

[michellee]

It could be possible for binance to beat ethereum, but we don't know what will happen, but maybe it will happen in the next bull run. With the prediction of the next bull run will happen in this year, all coins at the market will have a big chance to increase. Binance coin will have the opportunity to beat ethereum if there are big pumps happen at the exchanges so that can make the price can jump in a short time. But if the price only starts increase by slow, then I think Binance coin will increase in a long time.