Can Binance beat Ethereum

[deeameea27]

Why all people think about crypto competition , is not good to have only one coin for something we should have more and why not all crypto to give profit that is the way i see crypto should work, to have more coins for every domain and more coins that have same way of work, but not 100 i preffer maybe 3 coins on same niche.

[leatutz]

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 coin bullrun was really good even last year Binance coin was up to 35 USD from 4-5 USD. You know Binance has own stable coin "Binance USD". For this reason all users suggest fresh coin for high profits. From fresh coin you could earn good profit but isn't means that good token always has good future.

[Viscore]

As of now, based on my observation, Binance has been more bullish compared to ETH, just today, Binance had 9% increase while only has 2%.
If BNB will move the same pace, it might surpass or beat ETH in the long run, but it won't be easy for sure.

Right now, I am just so happy witnessing how this market turn into a bullish market and its already 1 week if I am not mistaken that the market has been moving positively.

[Hippocrypto]

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.

We can see that in the current market situation, that binance doesn't showed better growth as to compare with eth nowadays. Last year was the persistent catch of binance, but now it's nowhere to be found. Now that we're in 2020, ethereum has been showing great market influence even though there's a struggles happening because of many FUD and other factors that hinders ethereum growth. I loved to see in the upcoming days, eth price will soon perform the best that it can while it's following the path of Bitcoin.

[sayam]

There is no doubt about thevpotential of Binance Coin but after that, I think Ethereum will be well ahead from BNB. One day Binance Coin will touch the 500$ mark, but after that, it will not be able to cross Ethereum. In the days ahead, the reputation of Ethereum will increase more & more.

[Chuky92]

Yes I agree with your points about Binance having strong products which makes it the best exchange but thinking it would beat Ethereum will be difficult and might not even happen. The first thing that attracted users to the blockchain world is trust, transparency and privacy of which Ethereum offers, that is to say it is a decentralized platform; but can same be said about Binance? I don't think so. Everybody is glad that Binance is changing the nature of exchanges but at the same time everyone is concerned about transparency etc which a centralized platform such as Binance lacks.

[n0ne]

As Binance is an exchange backed coin it'll grow higher and higher with accordance to the growing number of cryptocurrency users. When it comes to ethereum it is the base for almost 90% of the altcoins available in the market. Binance serves to be a strong competent to ETH, but overcoming of ethereum by Binance isn't gonna happen in a short.

[iamaruf]

Maybe BNB can or maybe not,we can not see the future.so It's hard to say. But ETH and BNB both are good.But ETH is old and reputed more than BNB. An last few years BNB doing well.One thing I can surely say that BNB and ETH will we competitor.like XRP and ETH doing.   

[ZEIIMAN]

These are completely different directions. If you compare binance chain, it is far behind Ethereum. 90 percent of altcoins are built on the Ethereum network.

[casperBGD]

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.

i agree, it will take time, if at any point, for BNB to overcome ETH marketcap, but to reach top 5 is possible, although i do not see that as realistic, ETH has many utilization and BNB shall prove their in the future, if the development for BNB applications and utilization surge than everything could be, but at this point, as mentioned, for me it is not realistic

[DabsPoorVersion]

I don't think that BNB can overcome ETH,

For now, even if we can see the solid projects of BNB, we cannot deny that ETH also have a solid one. Also, most of altcoins in the market was created using the smart contract of ethereum.

BNB will be having a hard time to beat ethereum, but who knows. Maybe they have somehow created a project after a few years that will boost their market cap and will help them to beat ethereum.

[Bonwin]

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.

You are right. If CZ is no more today, I doubt the ability of BNB to continue to grow, except he has strong plans in place. Ethereum has much more community than BNB, although Binance has huge number of users. However, irrespective of what is likely going to happen in future, I can still confidently hold those two coins, because of their potential. Although I am not a fan of centralization, in this case, that will not stop me from holding BNB.

[princerepon]

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.

There is no doubt Binance is one of the best exchange in crypto world. And i also kinda agree with you but if we are going to calculate or compare between them then it's long away to go for BNB to beat ETH. But guess what, if XRP beat ETH for sometimes (Jan, 2018 if i'm not wrong) then it's just a matter of time for BNB.

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 do agree with your list besides Binance DEX. Yes, this platform make BNB more usable, but i don't think so that Binance DEX still worth platform for BNB. And i also want to add two platform which make BNB more popular Binance US Exchange and Binance USD (BUSD).

I think someday BNB will beat ETH, What you Think

I won't surprise then. Because if some altcoin beat ETH then it's probably BNB. Because till now literally every project is successful which project created under Binance Chain. Other hand many scam projects are coming from ETH chain. If this happen is going on then people will think twice before invest on ETH.

[Indymoney]

I don't think that BNB can overcome ETH,

For now, even if we can see the solid projects of BNB, we cannot deny that ETH also have a solid one. Also, most of altcoins in the market was created using the smart contract of ethereum.

BNB will be having a hard time to beat ethereum, but who knows. Maybe they have somehow created a project after a few years that will boost their market cap and will help them to beat ethereum.

You are right I am also sure Ethereum is really good and have no competition with BNB even its backed by a big exchange even no one can predict about any thing here in crypto but still as Ethereum is working its not competition between these two.

[Hypnosis00]

Maybe it was someday and who knows.
But the current market position for both of them is still far from the defeat. Ethereum could still lead all altcoins in terms of market volume and as well as the number of users. No doubts that both of them are profitable but is matters only how the investors appreciate each coin.

[irixo10]

The simple answer is NO, Binance don't have what it takes to beat Ethereum and the reason is, Ethereum is decentralized which people are after and Binance isn't although which is still being used owing to their services. The fact is, Bitcoin made it possible for everyone to understand that they can own their privacy which Ethereum followed suit hence it will be difficult to let go of that idea on which the crypto world is built on; which is also the reason many people hates centralized platforms. Binance fits into this category thus the reason it will be hard to overtake Ethereum not to talk of when Ethereum is working towards improving their blockchain.

[Bezobraznike]

Maybe it was someday and who knows.
But the current market position for both of them is still far from the defeat. Ethereum could still lead all altcoins in terms of market volume and as well as the number of users. No doubts that both of them are profitable but is matters only how the investors appreciate each coin.

   Nobody knows, that's true, but I doubt that Binance will beat Ethereum in the long run. Maybe Binance can come close, but
the future will be decentralized and Ethereum has an advantage there.
   It's my opinion. Many people here on forum talk that in next 10 years we will see many changes, one of them is people moving
from centralized exchanges to DEX. If that really happens Binance will not be able to compete with Ethereum.

[FaithInCrypto]

Binance has been doing well since it started but I have full trust in what Ethereum can do especially in the long run. There might be some changes along the road that would affect Binance and Ethereum's performance so might as well stay back and relax and let the two altcoins do their thing.

[Synaesthesia]

Binance has been doing well since it started but I have full trust in what Ethereum can do especially in the long run. There might be some changes along the road that would affect Binance and Ethereum's performance so might as well stay back and relax and let the two altcoins do their thing.

Both of these coins may increase in price when the altcoin season comes out but until now, both have not had much big changes this year. I think it is not necessary to take the time to compare these two coins because each coin has its own strengths and is definitely suitable if you choose to invest in the long term. Currently, in my wallet is holding a lot of good coins and these 2 coins are the 2 coins that I hold the most.

[fuer44]

I also think so because binance represents complete altcoin. Complete here what I mean is, from coins, exchangers, to wallets, binance has advantages. binary coins and exchangers also have a fairly high trading volume and will continue to increase. while etherum so far is still in a safe zone but etherum 2.0 also has to wait for the results. although in the end binance cannot pass through etherum, but at least binance will enter the top 5 best altcoins.