Can Binance beat Ethereum

[Denongels]

If Binance coin keep continue for burning their coin supply have bigger chance to beat ethereum price and get second position in coin market cap, but looking with supply of Binance coin still higher than ethereum need two or five years later for Binance become competitor for ethereum and bet eth price.

Ethereum does not have a total supply. they only have a supply circulation, where ethereum supply is unlimited, this will be a weakness for ethereum if they do not have good development in the future, and will be an opportunity for Binance to take second place

for supply is very correct and also sometimes the update from ethereum is very slow for example 2.0 upgrade problem should have been implemented this month, but it turns out there is a little delay and will start in July, it's just that it also does not guarantee binance can easily seize the position because under ethereum there are a lot of coins old ones that are still good for example xrp and litecoin and also the heaviest are fork coin from bitcoin like bch and bsv.

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[sana54210]

For me, it is still possible for Binance coin beat Ethereum coin in the future. However if they cant reach ethereum in terms of volume, they wouldn't beat ethereum in the future. Volume of coin is the main treath here.

volume of the coin ? its like the same as how much the demand of the coin gets  ,  speaking of demand  .

both coins are investors/traders choice  . although lately , people are ignoring eth but i think the demand for binance coin still continues    . this is why i think that binance got the potential to beat etherium soon  but only if eth wont make a recovery but right now , i also see eth woked up  . eth seem to not giving up  and still showing its worth   .

Etherum is in the markets for long time as compared to binance. Binance really has a number of benefits and advantages which makes traders earn more revenue by some cost-cutting using BNB but what I think is that they would need years in order to overtake Etherum. I won't say that it is impossible for BNB to overtake ETH but surely it is going to take years. And after the development news from the etherum developers about the etherum 2.0 PoW might even make ETH untouchable.

BNB coins is giving huge benefits to the holders but speaking in terms of price, the price for etherum is 10x greater than that of BNB which makes me come on the estimate that it would take years to reach ETH.

[Nadziratel]

If I were you, I wouldn't compare BNB and ETH anyway.
They have different structures.
Ethereum has its own smart contracts and BNB has not.
Ethereum decentralized (more than BNB), but we can not say for BNB same.
Binance has a products (exchange, margin, wallet etc...), ETH is just community based project.
Ethereum based on POW (for now), BNB based on POS.

And I think Ethereum is carrying good potential than Binance coin.
Don't underestimate DeFi affect. 1 Billion worth of Ethereum has already locked in DeFi applications. And it keep growing constantly.

[redsun114]

BNB have highly created demand for their coin onto their own platform. They offer multiple ways to utilize the BNB coin which keeps people pushing forward to buy more and more BNB coins in order to have benefits from the binance platform. Majority of the traders have binance as their base platform where they trade with a number of coins and each of the trader would need a minimum fees platform which is best in terms of using BNB to pay exchange fees onto binance.

Any such coin who has opened multiple ways to increase he demand would surely have a good future but speaking in terms of etherum, I am worried that the possibility of BNB to overtake ETH is quite low as ETH has already been on high demand and also it can be said the top second coin in the crypto industry.

[bryant.coleman]

Investors are madly flocking to Binance coin (BNB) and they are ignoring the risks that are involved in investing in this coin. First of all, BNB is heavily dependent on the health of the Binace group of exchanges. If the exchange goes down, then this coin will become worthless. And secondly, Binance exchange is heavily dependent on the IEO revenues. For now, the IEO market is in good shape, but we are witnessing some signs of fatigue. The valuation may take a hit, if the IEO market undergoes a slowdown.

[miklesm]

I do not think Binance will beat Ethereum, at least this year. Binane is actively developing its ecosystem, but Ethereum is one of the most convenient and widely used blockchains in the world with a huge developers community.

[qazgroup]

I agree that Binance is growing nicely with a lot of successful services and official operations in a lot of countries around the world but i do not think that it has something to compete with Ethereum because Ethereum is a unique blockchain based project which can not be classified or compared with exchange based project like binance, Eth 2.0 is also coming in few months that will make Eth fly.

[rodskee]

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.

Ethereum wont be replaced by binance for sure,not like BitcoinCash in 2018 when it defeated ethreum for couple of times,binance has no power for this.
Ethereum will remain as ranking 2 currency in crypto space until there is another one that will bring public open source more than ethreum.

I do not think Binance will beat Ethereum, at least this year. Binane is actively developing its ecosystem, but Ethereum is one of the most convenient and widely used blockchains in the world with a huge developers community.

And trusted by more platform now,not to mentioned ICO’s that has been using this for long time now.i am sure that eth will maintain this popularity and also the rank.

[kaneki007]

I think its can and we don't know in the future whether this will happen or not, but if it happens it feels like it take a long time. Indeed, the development of binance is very rapid only in a period of almost 3 years after they were released. But Ethereum is also not lost in terms of their development will release Ethereum 2.0 in the near future.

[michellee]

I do not think Binance will beat Ethereum, at least this year. Binane is actively developing its ecosystem, but Ethereum is one of the most convenient and widely used blockchains in the world with a huge developers community.

Binance needs longer to beat ethereum. People still interesting in having ethereum than binance because ethereum can give a bigger profit than binance. But binance cannot be forgotten because binance have the chance to reach more investor in the future. But everything will happen in the market, and we don't know the truth because binance can beat ethereum if binance can beat the other coins price first then beat ethereum price. Besides that, ethereum still at number two at CMC, and binance is at number nine position, which is a big gap to beat the position.

[sisule]

I do not think Binance will beat Ethereum, at least this year. Binane is actively developing its ecosystem, but Ethereum is one of the most convenient and widely used blockchains in the world with a huge developers community.

Binance needs longer to beat ethereum. People still interesting in having ethereum than binance because ethereum can give a bigger profit than binance. But binance cannot be forgotten because binance have the chance to reach more investor in the future. But everything will happen in the market, and we don't know the truth because binance can beat ethereum if binance can beat the other coins price first then beat ethereum price. Besides that, ethereum still at number two at CMC, and binance is at number nine position, which is a big gap to beat the position.

Maybe binance only two years old and need long time to beat ethereum and cross with higher price, is not easy when binance coin with short time could beat ethereum price, how ever need new way how to make investor really like with binance coin with always burning and buy back binance coin on he market, or giving space for staking system with binance coins.

[heidikim]

Ethereum is experiencing a new excitement. Binance is a serious opponent with keoini. However, Ethereum is an emerging technology. Ethereum's development process is naturally progressing. Every entrepreneur can develop projects on the Ethereum network. This is a huge advantage.

[fib123]

The improvements in ethereum network is the most important reason of the growth of eth which is unstoppable and going in a positive way that's why its adoption graph is massive and I think the value of bnb is depend only on its hype so it's really hard for bnb to beat eth.

If Ethereum will bounce back with its upcoming planned developments like Ethereum 2.0 then its good for their plateform. But if still not done some impressive or community favor steps it will be tough for survive in upper position.

[Mpamaegbu]

I must say, I loved your write up as it was direct and very interesting to read. You earned a merit from me. BNB is a token and will already be a token since it's utility ends on the Binance exchange while as ethereum is a force of its own that have shaped cryptocurrency industry into what it's today. Without ethereum, Binance won't have even been born since it's due to ethereum developing a crowdfunding smart contract that Binance was able to raise fund to build the exchange dominating the industry today. Ethereum will always have more utility purpose than Binance coin therefore it shouldn't be disrespected with this kind of comparison.

Your submission aptly captured my thought, except for the last paragraph which I expunged. Beyond all that we shouldn't take away anything away from the ingenuity of the Binance team and how fast they were able to turn a less than 15cent coin into an ATH of over $40 in less than 3years. BNB will continue to soar in price but it will be a tall order to expect it to shake off ETH on the list.

[ije07]

anything in the cryptoqurrency market can happen at any time including altcoin BNB. but now we can see that the price of Ethereum has recently begun to recover slowly and can even exceed $ 200 and it still continues. and I think this is a good start for the growth of Ethereum. while I also have no doubts about altcoin BNB, because BNB has great potential for investment.

[kambaralikhan]

I think BNB can't beat ETH and this is how I support my judgement. BNB is a coin whose backbone is Binance exchange and nothing else and if anything happens to Binance exchange like e.g hacking attempt of any reputational damage to Binance exchange will have a direct adverse affect on BNB but ETH is a whole economy in itself, ETH is a coin who has it's own blockchain and so many altcoins are developed on ETH blockchain so ETH is far far ahead of BNB and I see no comparison between these two cryptos.

[OrangeII]

I do not think Binance will beat Ethereum, at least this year. Binane is actively developing its ecosystem, but Ethereum is one of the most convenient and widely used blockchains in the world with a huge developers community.

Binance needs longer to beat ethereum. People still interesting in having ethereum than binance because ethereum can give a bigger profit than binance. But binance cannot be forgotten because binance have the chance to reach more investor in the future. But everything will happen in the market, and we don't know the truth because binance can beat ethereum if binance can beat the other coins price first then beat ethereum price. Besides that, ethereum still at number two at CMC, and binance is at number nine position, which is a big gap to beat the position.

basically, ethereum and BNB have different functions, so they cannot be forgotten and will be needed by crypto users depending on their needs. however, to date, the development of ethereum is far more advanced than binance coins. however, binance coins are very useful in binance, whereas ethereum is very useful for developers. I think binance is very difficult to catch up.

[wack slacker]

Binance is creating their own ecosystem.  It is possible that the value of Binance will be higher than that of Ethereum in the crypto capitalization rankings, but let's take a look at the popularity of Binance and Ethereum.  Historically, Ethereum has an advantage and has many users.  We can create a token at a very low cost on Ethereum but with Binance creating a token is much more complicated and costs a lot.
Ethereum tokens are easily listed on exchanges, while Binance's tokens can only be listed on Binance DEX.
Ethereum is more known, easier to use, and there are many miners watching Ethereum.  I think Binance is a rising star but it will be difficult to beat Ethereum comprehensively.

[Baimovic]

talking about BinanceCoin is a big altcoin and not much different like Ethereum, like having its own platform and also having a large community. according to my personal observation both altcoin both have great potential for investment in the future, but for now I think BinanceCoin is difficult to beat Ethereum in terms of price and the fact that Ethereum still dominates the Altcoin market.

[Wintersoldier]

anything in the cryptoqurrency market can happen at any time including altcoin BNB. but now we can see that the price of Ethereum has recently begun to recover slowly and can even exceed $ 200 and it still continues. and I think this is a good start for the growth of Ethereum. while I also have no doubts about altcoin BNB, because BNB has great potential for investment.

Both Binance and Ethereum are great altcoins, but recently Ethereum's price is really starting to recover slowly or make a sudden improvement the same as bitcoin, so it is impossible for Binance to beat Ethereum today. Binance is also continuously having a great development and innovation as a coin, that is why it really has a potential to grow that most investors put a lot of trust to it.