Binance Coin (BNB) market cap passes Santander and UBS — What’s next?

Cointelegraph

Published Apr 11, 2021 12:00PM ET

Updated Apr 11, 2021 01:40PM ET

2021 has been an impressive year for Binance Coin (BNB), which so far has rallied by more than 900%.

One of the primary drivers of BNB's growth was continued congestion on the Ethereum network. As this struggle carried on, Binance Smart Chain (BSC) emerged as an alternative, meeting the rapidly growing decentralized finance (DeFi) sector's demands.

Decentralized Finance Total Value Locked ranking. Source: DeBank

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