the fight between Binance and Cardano

[wheelz1200]

let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?

Both can coexist.  So long as pepsi and coca cola, mcdonalds and burger King, etc etc can coexist then so can coins with like type operations.  I was bearish on both but warming up to both of them.  I still think both have a loooong way to go to proving longevity so let's wait and see what the next 1-3 years brings with both of them.

[Clavulanic]

Between Cardano and Binance who deserves to be in the third position on coinmarketcap, of course Binance is more worthy to occupy the third position. Binance Coin is currently a gem in cryptocurrency. Binance fulfills everything that many people desire.

We can't argue on that current scenario of binance, because it became the most reliable currency which everyone was currently sighting now. If this coin bnb was the gem for cryptocurrency future, then it's not impossible to be one of the top ranking coins which is now available in the market. Cardano was also a good coin, but they're totally different from bnb's milestone.

[Fivestar4everMVP]

let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?

Cardano taking the place of binance in coinmarketcap position is only temporary, Cardano can be no where compared to binance in terms of successful technologies and use case, just like you have said, binance has the world's best crypto exchange, a popular and high in demand smart chain, NFT platforms, plus other platforms like coinmarketcap which they acquired from the initial owners, binance already have a lot of successful businesses in its name, but Cardano on the other hand is just coming up, 60 to 80 percent of ADA's growth in price is purely based on speculation, in as much as we are eager to see what they come out with, the truth remains that no body knows how successful their product will be.

[batang_bitcoin]

Binance, despite its really a centralized crypto. Many will like to argue that they trust that more than any other project. We cannot deny the successful projects that have been made through Binance's smart chain but not all of them should be counted for that. It's just that Binance was able to compete and made it to the high rank due to the improvements and contribution that it has made overall in the entire crypto community. I guess every person that's in crypto knows about Binance.

at the moment, users will go first to Binance rather than ADA. ADA is gaining momentum but the scope is still very far behind than binance. even the binance exchange itself, they have a lot of traders who trust this platform more than any exchange. even if it is a centralised one, they already gained trust among crypto users. now, ada needs to step up and gain more projects under their wings.

Yes, it's far behind from Binance and we'll see if Binance goes back to its former all time high then we might see it replace ADA on 3rd. But I guess this discussion will keep going from BNB fans and ADA fans. This is crypto and most of the time we'll see how volatile both of them.
I saw these two coins at the lowest price before but didn't bought any of them so for those that have seen their potential and held it until today, you guys rock and no need for any argument as long as you're holding a top coin.

[darahjuang]

Binance Coin that deserves to be ranked #3 coinmarketcap is not Cardano. Apart from owning an Exchange, Binance Smart Chain is also the most widely used by crypto projects. Coupled with the number of transactions is a very large percentage every week.

[lenovop-70]

It maybe Cardano able to increase 4x from current price after alonzo fork probably at next september, Cardano still have huge holder when you check it on their contract, and BNB price will increase since the BSC transaction getting rush when the market starts a bullrun again, this is hard decision for me because both has own advantage.

[kotajikikox]

Binance Coin that deserves to be ranked #3 coinmarketcap is not Cardano. Apart from owning an Exchange, Binance Smart Chain is also the most widely used by crypto projects. Coupled with the number of transactions is a very large percentage every week.

Binance is already a ranked 3 https://coinmarketcap.com/ but cardano is close enough to beat the capitalization .

i think that in a matter of days Cardano will take the position so be ready as Binance is only 2 billion apart from being taken.

but i will never let my investment be ruined by this rivalry , so i will hold them both.

[darahjuang]

Binance Coin that deserves to be ranked #3 coinmarketcap is not Cardano. Apart from owning an Exchange, Binance Smart Chain is also the most widely used by crypto projects. Coupled with the number of transactions is a very large percentage every week.

Binance is already a ranked 3 https://coinmarketcap.com/ but cardano is close enough to beat the capitalization .

i think that in a matter of days Cardano will take the position so be ready as Binance is only 2 billion apart from being taken.

but i will never let my investment be ruined by this rivalry , so i will hold them both.

Since yesterday Rank#3 was taken over by Binance Coin in the order of coinmarketcap. But Cardona wins on Volume and Circulating Supply on Coinmarketcap.
It's a very interesting competition in the market between Binance and Cardano in my opinion this month. Of course people who choose Binance will hope this doesn't happen because it can ruin the investment.

[cabron]

There is nothing yet for Cardano to compare so this fight wouldn't be fair. BNB is much superior to ADA today but who knows in the next months to come because they're saying that Alonzo update which will be a fully smart contract platform after it. This is so close by the way as it's scheduled for 12 of September.

But you might just think of it this way because ADA even when it's yet not a fully matured project had ranked in the top 3 how much more could it become when it's already ready?

[inanilujimi]

There is nothing yet for Cardano to compare so this fight wouldn't be fair. BNB is much superior to ADA today but who knows in the next months to come because they're saying that Alonzo update which will be a fully smart contract platform after it. This is so close by the way as it's scheduled for 12 of September.

But you might just think of it this way because ADA even when it's yet not a fully matured project had ranked in the top 3 how much more could it become when it's already ready?

Maybe it's not just binance, ETH can also be displaced if ADA is adopted on a large scale. it may be hype cardano can touch the 3rd position in the last few days, but if all aspects that cardano has to offer are much better it is not impossible that ADA can be at the top of the altcoins.

[shinratensei_]

I don't hate ADA and i don't think that they are competition to each other, but if they were, clearly binance would win.

This question didn't even need an answer. The CMC already told us about the truth. Binance has become a winner in the all of aspects. ADA didn't have a solid community like binance. Binance has already built its ecosystem and it was also having so many good products. There are lots of questions about what kind of product that already been developed by ADA.
Binance will always become a winner in this comparison.

[bitgov]

let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?

For ordinary users, Binance is definitely a much better platform - just for the reasons you mentioned. Right now, Cardano has taken position 3 and outranked Binance because their platform appears to be more attractive to large investors and funds. In fact, everything will be clear when Cardano creates the smart contracts. Only then will we be able to assess whether their product is better and more innovative than the Binance platform.

[michellee]

We can not deny that right now, Cardano is taking the BNB position and still getting stronger. But if Cardano price wants to fight against BNB price, that will need some time before the Cardano's price can go up higher and that is not easy as BNB has already become the third favorite for the investors. But if Cardano can still manage the project can reach the other phase of the project, it could be possible the price can jump a lot and it could be close to BNB in the future. The future is still a mystery and everything can be possible to happen.

[ene1980]

The circulating supply of Cardano is 32,112,283,412 ADA and the circulating supply of Binance Coin is 168,137,036 BNB and hence it is easier for coins with larger circulation to be at the top of the list and what is there with the battle, these things changes with time and in the next 5 years if they could be in the top ten list, then we can talk about it.

[bitgov]

The circulating supply of Cardano is 32,112,283,412 ADA and the circulating supply of Binance Coin is 168,137,036 BNB and hence it is easier for coins with larger circulation to be at the top of the list and what is there with the battle, these things changes with time and in the next 5 years if they could be in the top ten list, then we can talk about it.

I don't think the amount of coins is critical here. It is the market value of the entire project that is taken into account, i.e. the market cap. I think we have to wait till Cardano launches the smart contracts and then we will be able assesses their usefulness and it will be time to speak of pure competition between these projects. I agree that it will definitely take time, and if not 5 years, then at least 2 years for sure.

[Ararbermas]

let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?

you said it already, and that's a very obvious poin or should i say "enough reason" why cardano cannot take the rank of binance in the market. I mean no more words to explain, but for me in my view probably without binance exchange cardano now is ahead with binance, wherein as it's the useful crypto as well especially when it comes making transactions.. Just saying..

[bitgov]

let's make an argument here, which do you think is suitable to be ranked 3rd on coinmarketcap (Binance or Cardano), I personally prefer Binance, because Binance already has products (exchange, smart chain and Nft marketplace), then of course all products from Binance are successful and in demand by many people, while product from Cardano are still coming soon, that's why I prefer Binance rather than Cardano, so what's your choice?

Personally I also prefer BNB in the 3rd position but that's only limited to liking it, because if Cardano can occupy the 3rd position on coinmarketcap, we all can't do anything about it either, because it's about trading volume that increases every day, not about how many products a coin has issued.

As for BNB and Cardano, you are right that it is not about the amount of coins the project has created. However, you are wrong, because it is not about "trading volume" but about the market cap, i.e. the value of the entire project = the value of all coins, not the amount of all coins.
And you are right, because as individuals we can't do much. It will be whales who will determine who will be in 3rd position.

[poldanmig]

We can not deny that right now, Cardano is taking the BNB position and still getting stronger. But if Cardano price wants to fight against BNB price, that will need some time before the Cardano's price can go up higher and that is not easy as BNB has already become the third favorite for the investors. But if Cardano can still manage the project can reach the other phase of the project, it could be possible the price can jump a lot and it could be close to BNB in the future. The future is still a mystery and everything can be possible to happen.

I honestly hope that BnB will continue to be in the third position of coinmarketcap compared to cardano, because in my opinion, BnB is an asset that is still the best performing crypto asset throughout the year, besides that BnB also has a strong use and  value, so it can sustain price movements, and this is not present in cardano at all, but even so cardano is also a good altcoin with a market dominance of 3.41%,
But to replace BnB position in third place coinmarketcap seems to be very difficult to happen because of many factors that influence it.

[freedomgo]

I'll vote for Binance because it's a stronger coin and more stable, Cardano just recently rise and create a new ATH, but we have to remember that during the big correction in 2018, Binance made a new ATH IIRC. So with that said, I'll go with a proven coin though it does not guarantee its future.

[Oceat]

Why do we even have to ask this? It's clear that most people would choose binance over cardano because it's famous among them and they knew where it belong plus the hype of this coin is unstoppable since I look at the forum binance is being talked.

To be honest I'm quite surprised by the result of binance coin since I never thought this would pump because I thought this was just another part of the ICO hype just like in the past but it turns out, I was wrong. Now that BNB is being used in defi it's not unexpected to see the price of it going up and it seems following the market trend somehow.