BTCBD

#BTCBreaks80K down down $

BNB Chain continues to expand its role in the tokenized stock market as the ecosystem has supported more than 709 tokenized stocks and tokenized ETFs. According to Binance Research, the cumulative trading volume of bStocks reached $8.7 billion by the end of July, while BNB Chain accounted for nearly 30% of the market capitalization of the global tokenized stock market at that time.
Network momentum
Activity in the tokenized stock market continues to grow rapidly. By September 9, the market cap of active tokenized stocks was about $4 billion, while monthly trading volume rose to $7.9 billion in August. Notably, the DeFi TVL related to this group of assets increased from $21.6 million to $289.1 million since the beginning of the year—equivalent to a 1,242% increase. BNB Chain, Robinhood Chain, and Solana together account for roughly 90% of the TVL share of this market’s DeFi.
BNB is also maintaining an upward trend. Data from September 18 shows BNB trading around $740–$754, up about 2–4% depending on the time and chart timeframe. The MACD indicator still shows a positive signal, even though the RSI has surpassed 80, indicating that the upward momentum is accompanied by short-term overbought conditions.
Therefore, BNB’s story now is not only tied to price fluctuations, but also to the pace at which the real-world asset ecosystem is expanding in tokenization and the ability to bring these assets into DeFi applications on BNB Chain #BTC #EarnFreeCrypto2024 #bnb